Greenleaf Trust Sells 10,981 Shares of Vistra Corp. (NYSE:VST)

Greenleaf Trust decreased its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 62.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,481 shares of the company's stock after selling 10,981 shares during the period. Greenleaf Trust's holdings in Vistra were worth $761,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VST. HM Payson & Co. boosted its holdings in Vistra by 275.4% in the first quarter. HM Payson & Co. now owns 229 shares of the company's stock worth $27,000 after acquiring an additional 168 shares in the last quarter. Tucker Asset Management LLC bought a new position in shares of Vistra in the 4th quarter worth $28,000. Ameriflex Group Inc. bought a new position in shares of Vistra in the 4th quarter worth $32,000. Whittier Trust Co. increased its stake in Vistra by 1,611.8% during the 4th quarter. Whittier Trust Co. now owns 291 shares of the company's stock valued at $40,000 after purchasing an additional 274 shares in the last quarter. Finally, Opal Wealth Advisors LLC bought a new stake in Vistra during the 1st quarter valued at $46,000. Institutional investors own 90.88% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on VST shares. JPMorgan Chase & Co. decreased 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. Evercore ISI set a $192.00 price target on shares of Vistra and gave the company an "outperform" rating in a research note on Thursday, May 15th. Morgan Stanley boosted their price target on shares of Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a research note on Wednesday, June 18th. The Goldman Sachs Group boosted their price target on shares of Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a research note on Friday, May 23rd. Finally, UBS Group boosted their price target on shares of Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a research note on Tuesday, June 17th. Three research 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, the stock has a consensus rating of "Moderate Buy" and an average target price of $176.92.

Insider Buying and Selling

In related news, EVP Stephanie Zapata Moore sold 35,000 shares of the business's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $161.44, for a total value of $5,650,400.00. Following the transaction, the executive vice president directly owned 88,073 shares of the company's stock, valued at approximately $14,218,505.12. The trade was a 28.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Scott B. Helm sold 50,000 shares of the business's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $172.75, for a total transaction of $8,637,500.00. Following the completion of the transaction, the director directly owned 255,192 shares in the company, valued at $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. Insiders sold 294,000 shares of company stock worth $47,461,490 in the last ninety days. Corporate insiders own 1.42% of the company's stock.

Vistra Price Performance

Shares of NYSE:VST opened at $196.48 on Friday. The company's 50-day moving average is $170.58 and its 200 day moving average is $150.93. The company has a debt-to-equity ratio of 6.53, a quick ratio of 0.77 and a current ratio of 0.86. The company has a market capitalization of $66.67 billion, a P/E ratio of 30.89, a price-to-earnings-growth ratio of 2.30 and a beta of 1.26. Vistra Corp. has a fifty-two week low of $66.50 and a fifty-two week high of $200.25.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Wednesday, June 18th were issued a $0.225 dividend. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend was Wednesday, June 18th. Vistra's payout ratio is 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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