Focus Partners Advisor Solutions LLC Takes $309,000 Position in Vistra Corp. (NYSE:VST)

Focus Partners Advisor Solutions LLC purchased a new stake in shares of Vistra Corp. (NYSE:VST - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,240 shares of the company's stock, valued at approximately $309,000.

A number of other hedge funds have also recently bought and sold shares of VST. PharVision Advisers LLC bought a new stake in Vistra in the fourth quarter valued at about $441,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Vistra by 13.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,352,450 shares of the company's stock worth $186,462,000 after acquiring an additional 161,743 shares during the last quarter. USS Investment Management Ltd acquired a new stake in Vistra in the 4th quarter worth about $7,449,000. Voloridge Investment Management LLC lifted its holdings in shares of Vistra by 722.8% in the fourth quarter. Voloridge Investment Management LLC now owns 134,132 shares of the company's stock worth $18,493,000 after acquiring an additional 117,830 shares during the last quarter. Finally, Williams Jones Wealth Management LLC. raised its position in Vistra by 20.8% during the 4th quarter. Williams Jones Wealth Management LLC. now owns 7,263 shares of the company's stock worth $1,001,000 after purchasing an additional 1,250 shares during the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Trading Down 0.9%

Shares of VST stock traded down $1.43 during trading hours on Wednesday, reaching $162.43. 4,997,335 shares of the stock were exchanged, compared to its average volume of 7,514,856. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The firm has a market capitalization of $55.12 billion, a price-to-earnings ratio of 30.30, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. The company's 50-day moving average price is $129.92 and its 200-day moving average price is $143.75. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $199.84.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors 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. This represents a $0.90 annualized dividend and a yield of 0.55%. The ex-dividend date is Wednesday, June 18th. Vistra's dividend payout ratio is currently 14.15%.

Analyst Ratings Changes

Several research analysts have commented on the company. The Goldman Sachs Group raised their target price on Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a research note on Friday, May 23rd. Daiwa America raised shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Morgan Stanley reiterated an "overweight" rating and issued a $178.00 price objective (up from $172.00) on shares of Vistra in a research report on Thursday, May 22nd. UBS Group boosted their price target on Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Finally, Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and cut their target price for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $169.08.

Insider Activity

In other Vistra news, Director John William Pitesa purchased 1,500 shares of the stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. This trade represents a 76.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction 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 sale, the director now directly owns 325,192 shares of the company's stock, valued at $50,990,105.60. This trade represents a 5.79% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 208,136 shares of company stock valued at $31,879,290 in the last 90 days. Company insiders own 1.42% of the company's stock.

Vistra Company 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.