Clarius Group LLC Increases Holdings in Vistra Corp. (NYSE:VST)

Clarius Group LLC boosted its stake in Vistra Corp. (NYSE:VST - Free Report) by 96.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,202 shares of the company's stock after buying an additional 1,568 shares during the quarter. Clarius Group LLC's holdings in Vistra were worth $376,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tucker Asset Management LLC acquired a new position in shares of Vistra during the fourth quarter worth $28,000. Cherry Tree Wealth Management LLC increased its holdings in shares of Vistra by 2,030.0% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 213 shares of the company's stock valued at $29,000 after purchasing an additional 203 shares in the last quarter. Ameriflex Group Inc. acquired a new position in Vistra during the fourth quarter worth $32,000. Whipplewood Advisors LLC acquired a new position in Vistra during the fourth quarter worth about $39,000. Finally, Whittier Trust Co. lifted its position in shares of Vistra by 1,611.8% in the fourth quarter. Whittier Trust Co. now owns 291 shares of the company's stock valued at $40,000 after acquiring an additional 274 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Daiwa Capital Markets started coverage on Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price on the stock. UBS Group increased their price objective on shares of Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a research note on Tuesday. JPMorgan Chase & Co. decreased their price objective on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Morgan Stanley raised their price target on Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, Raymond James Financial assumed coverage on shares of Vistra in a research note on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 price target on the stock. Three research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Vistra presently has an average rating of "Moderate Buy" and an average price target of $176.92.

Insider Activity at Vistra

In other Vistra news, EVP Carrie Lee Kirby sold 108,000 shares of Vistra stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $156.98, for a total transaction of $16,953,840.00. Following the transaction, the executive vice president now directly owns 218,239 shares of the company's stock, valued at approximately $34,259,158.22. The trade was a 33.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Stephanie Zapata Moore sold 35,000 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total transaction of $5,650,400.00. Following the completion of the transaction, the executive vice president now owns 88,073 shares in the company, valued at $14,218,505.12. This trade represents a 28.44% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 294,000 shares of company stock worth $47,461,490. Company insiders own 1.42% of the company's stock.

Vistra Stock Up 2.2%

Shares of NYSE:VST traded up $4.01 during trading on Friday, hitting $185.14. 6,584,340 shares of the company were exchanged, compared to its average volume of 7,298,493. Vistra Corp. has a fifty-two week low of $66.50 and a fifty-two week high of $199.84. The stock has a market cap of $62.82 billion, a price-to-earnings ratio of 29.11, a P/E/G ratio of 2.21 and a beta of 1.22. The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 6.53. The firm has a fifty day moving average price of $148.37 and a two-hundred day moving average price of $146.03.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.49%. Vistra's payout ratio is presently 14.15%.

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.