Dynamic Advisor Solutions LLC Makes New $432,000 Investment in Vistra Corp. (NYSE:VST)

Dynamic Advisor Solutions LLC bought a new position in shares of Vistra Corp. (NYSE:VST - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 3,675 shares of the company's stock, valued at approximately $432,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Tucker Asset Management LLC purchased a new position in Vistra in the 4th quarter valued at approximately $28,000. Cherry Tree Wealth Management LLC grew its holdings in Vistra by 2,030.0% in the fourth 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 during the last quarter. Ameriflex Group Inc. purchased a new position in shares of Vistra in the fourth quarter valued at $32,000. Whipplewood Advisors LLC purchased a new position in shares of Vistra in the fourth quarter valued at $39,000. Finally, Whittier Trust Co. raised its stake in shares of Vistra by 1,611.8% during the 4th quarter. Whittier Trust Co. now owns 291 shares of the company's stock worth $40,000 after buying an additional 274 shares during the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on VST shares. Daiwa America raised shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. Daiwa Capital Markets started coverage on shares of Vistra in a research report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price target on the stock. Raymond James Financial began coverage on shares of Vistra in a research note on Friday, June 13th. They set a "strong-buy" rating and a $216.00 price objective for the company. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, UBS Group increased their target price on Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a report on Tuesday. 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $176.92.

Vistra Stock Performance

Vistra stock opened at $181.17 on Thursday. The stock has a fifty day moving average price of $146.93 and a 200 day moving average price of $145.85. 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 52 week low of $66.50 and a 52 week high of $199.84. The firm has a market capitalization of $61.48 billion, a P/E ratio of 28.49, a PEG ratio of 2.16 and a beta of 1.22.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be paid a dividend of $0.225 per share. The ex-dividend date is Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.50%. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is currently 13.99%.

Insider Transactions at Vistra

In related news, Director Scott B. Helm sold 20,000 shares of the company's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $156.80, for a total transaction of $3,136,000.00. Following the completion of the transaction, the director now owns 325,192 shares of the company's stock, valued at approximately $50,990,105.60. This represents a 5.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John R. Sult sold 25,000 shares of the business's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $171.67, for a total transaction of $4,291,750.00. Following the sale, the director now directly owns 75,946 shares of the company's stock, valued at $13,037,649.82. This represents a 24.77% 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 in the last three months. Company insiders own 1.42% of the company's stock.

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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