CFO4Life Group LLC Acquires Shares of 1,913 Vistra Corp. (NYSE:VST)

CFO4Life Group LLC purchased a new stake in Vistra Corp. (NYSE:VST - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,913 shares of the company's stock, valued at approximately $225,000.

A number of other large investors have also recently modified their holdings of the company. HM Payson & Co. lifted its holdings in Vistra by 275.4% during the first quarter. HM Payson & Co. now owns 229 shares of the company's stock worth $27,000 after buying an additional 168 shares during the period. Tucker Asset Management LLC acquired a new position in shares of Vistra during the fourth quarter worth $28,000. Ameriflex Group Inc. acquired a new position in shares of Vistra during the fourth quarter worth $32,000. Whittier Trust Co. increased its position in shares of Vistra by 1,611.8% during the fourth quarter. Whittier Trust Co. now owns 291 shares of the company's stock worth $40,000 after purchasing an additional 274 shares in the last quarter. Finally, Opal Wealth Advisors LLC acquired a new position in shares of Vistra during the first quarter worth $46,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Analyst Ratings Changes

VST has been the topic of a number of recent analyst reports. Evercore ISI set a $192.00 price target on Vistra and gave the stock an "outperform" rating in a research report on Thursday, May 15th. JPMorgan Chase & Co. reduced their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Morgan Stanley lifted their price target on Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a research report on Wednesday, June 18th. UBS Group boosted their price objective on Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a research report on Tuesday, June 17th. Finally, Raymond James Financial began coverage on Vistra in a research report on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Vistra currently has a consensus rating of "Moderate Buy" and a consensus target price of $176.92.

Vistra Stock Down 0.9%

Shares of VST traded down $1.73 during midday trading on Monday, reaching $194.86. 3,782,783 shares of the company were exchanged, compared to its average volume of 7,588,854. The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 6.53. Vistra Corp. has a 1-year low of $66.50 and a 1-year high of $200.25. The stock has a 50-day moving average price of $170.58 and a 200-day moving average price of $151.03. The company has a market cap of $66.12 billion, a price-to-earnings ratio of 30.64, a P/E/G ratio of 2.31 and a beta of 1.26.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th were issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend was Wednesday, June 18th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is currently 14.15%.

Insider Activity at Vistra

In other news, Director Scott B. Helm sold 50,000 shares of Vistra stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $172.75, for a total transaction of $8,637,500.00. Following the transaction, the director directly owned 255,192 shares in the company, valued at approximately $44,084,418. This trade represents a 16.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $157.00, for a total value of $8,792,000.00. Following the transaction, the executive vice president owned 306,600 shares in the company, valued at approximately $48,136,200. This trade represents a 15.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 294,000 shares of company stock worth $47,461,490 over the last quarter. 1.42% of the stock is owned by corporate insiders.

Vistra Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.