Diversify Advisory Services LLC Sells 4,232 Shares of Vistra Corp. (NYSE:VST)

Diversify Advisory Services LLC trimmed its position in Vistra Corp. (NYSE:VST - Free Report) by 64.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,311 shares of the company's stock after selling 4,232 shares during the quarter. Diversify Advisory Services LLC's holdings in Vistra were worth $299,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hussman Strategic Advisors Inc. bought a new position in shares of Vistra during the 1st quarter valued at approximately $1,233,000. Commerzbank Aktiengesellschaft FI lifted its stake in Vistra by 45.0% in the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 3,516 shares of the company's stock worth $413,000 after purchasing an additional 1,091 shares in the last quarter. Kingsview Wealth Management LLC raised its position in shares of Vistra by 184.6% during the 1st quarter. Kingsview Wealth Management LLC now owns 9,900 shares of the company's stock valued at $1,163,000 after buying an additional 6,422 shares in the last quarter. Dynasty Wealth Management LLC raised its position in shares of Vistra by 4.9% during the 1st quarter. Dynasty Wealth Management LLC now owns 2,266 shares of the company's stock valued at $266,000 after buying an additional 105 shares in the last quarter. Finally, Burns Matteson Capital Management LLC raised its position in shares of Vistra by 35.8% during the 1st quarter. Burns Matteson Capital Management LLC now owns 2,176 shares of the company's stock valued at $256,000 after buying an additional 574 shares in the last quarter. Institutional investors own 90.88% of the company's stock.

Analyst Ratings Changes

VST has been the subject of several recent research reports. JPMorgan Chase & Co. lowered their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. The Goldman Sachs Group boosted their price target on shares of Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a research note on Friday, May 23rd. Morgan Stanley boosted their price target on shares of Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 18th. UBS Group boosted their price target on shares of Vistra from $160.00 to $207.00 and gave the stock a "buy" rating in a research note on Tuesday, June 17th. Finally, Raymond James Financial began 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 for the company. Three 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 company. According to data from MarketBeat, Vistra has an average rating of "Moderate Buy" and a consensus price target of $176.92.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Carrie Lee Kirby sold 108,000 shares of the company's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $156.98, for a total value of $16,953,840.00. Following the completion of the transaction, the executive vice president owned 218,239 shares in the company, valued at $34,259,158.22. This represents a 33.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Scott B. Helm sold 50,000 shares of the stock in a transaction that occurred on 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 transaction, the director owned 255,192 shares of the company's stock, valued at approximately $44,084,418. This trade represents a 16.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 294,000 shares of company stock worth $47,461,490. Company insiders own 1.42% of the company's stock.

Vistra Price Performance

VST stock traded down $2.57 during trading on Thursday, hitting $197.55. The stock had a trading volume of 1,691,385 shares, compared to its average volume of 7,441,154. The company's 50 day moving average price is $177.90 and its two-hundred day moving average price is $153.47. Vistra Corp. has a 1-year low of $66.50 and a 1-year high of $207.12. The stock has a market cap of $67.03 billion, a price-to-earnings ratio of 31.12, a price-to-earnings-growth ratio of 2.23 and a beta of 1.26. 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 company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th were issued a dividend of $0.225 per share. The ex-dividend date was Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.46%. This is a boost from Vistra's previous quarterly dividend of $0.22. 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.