Decker Retirement Planning Inc. Cuts Stock Holdings in Vistra Corp. (NYSE:VST)

Decker Retirement Planning Inc. lowered its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 36.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,257 shares of the company's stock after selling 8,653 shares during the quarter. Vistra accounts for 1.1% of Decker Retirement Planning Inc.'s investment portfolio, making the stock its 15th largest holding. Decker Retirement Planning Inc.'s holdings in Vistra were worth $1,792,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Paloma Partners Management Co grew its stake in shares of Vistra by 1.0% in the 4th quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock worth $1,103,000 after acquiring an additional 81 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in Vistra by 1.6% during the fourth quarter. Sunbelt Securities Inc. now owns 6,409 shares of the company's stock worth $898,000 after purchasing an additional 98 shares during the last quarter. IHT Wealth Management LLC grew its position in Vistra by 1.1% in the 4th quarter. IHT Wealth Management LLC now owns 9,579 shares of the company's stock worth $1,321,000 after purchasing an additional 106 shares in the last quarter. EP Wealth Advisors LLC increased its stake in Vistra by 1.6% in the 4th quarter. EP Wealth Advisors LLC now owns 7,980 shares of the company's stock valued at $1,100,000 after buying an additional 125 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its position in shares of Vistra by 4.0% during the 1st quarter. Flagship Harbor Advisors LLC now owns 3,391 shares of the company's stock worth $398,000 after buying an additional 130 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on VST shares. JPMorgan Chase & Co. cut their target price on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. The Goldman Sachs Group upped their price objective on Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a research note on Friday, May 23rd. UBS Group raised their target price on Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a research report on Tuesday, June 17th. Evercore ISI set a $192.00 price target on shares of Vistra and gave the stock an "outperform" rating in a report on Thursday, May 15th. Finally, Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and reduced their price target for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Three analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Vistra presently has a consensus rating of "Moderate Buy" and a consensus price target of $176.92.

Insider Transactions at Vistra

In related news, Director John R. Sult sold 25,000 shares of the stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $171.67, for a total transaction of $4,291,750.00. Following the sale, the director now owns 75,946 shares of the company's stock, valued at approximately $13,037,649.82. This represents a 24.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Scott B. Helm sold 50,000 shares of the company's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $172.75, for a total value of $8,637,500.00. Following the sale, the director now owns 255,192 shares in the company, valued at approximately $44,084,418. This represents a 16.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 294,000 shares of company stock worth $47,461,490 over the last quarter. Corporate insiders own 1.42% of the company's stock.

Vistra Trading Up 2.6%

Shares of VST opened at $195.38 on Friday. Vistra Corp. has a fifty-two week low of $66.50 and a fifty-two week high of $199.84. The business has a 50-day moving average of $157.24 and a 200 day moving average of $147.44. The firm has a market cap of $66.30 billion, a P/E ratio of 30.72, a price-to-earnings-growth ratio of 2.24 and a beta of 1.22. The company has a debt-to-equity ratio of 6.53, a quick ratio of 0.77 and a current ratio of 0.86.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be paid a $0.225 dividend. This is an increase from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Wednesday, June 18th. This represents a $0.90 annualized dividend and a dividend yield of 0.46%. Vistra's dividend payout ratio (DPR) 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.

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