24,597 Shares in Vistra Corp. (NYSE:VST) Acquired by Kayne Anderson Capital Advisors LP

Kayne Anderson Capital Advisors LP purchased a new stake in Vistra Corp. (NYSE:VST - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 24,597 shares of the company's stock, valued at approximately $2,889,000.

Other large investors have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC acquired a new stake in Vistra in the 4th quarter valued at $28,000. HM Payson & Co. increased its holdings in Vistra by 275.4% in the 1st quarter. HM Payson & Co. now owns 229 shares of the company's stock valued at $27,000 after purchasing an additional 168 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in Vistra in the 4th quarter valued at $32,000. Whittier Trust Co. grew its stake in shares of Vistra by 1,611.8% during the fourth quarter. Whittier Trust Co. now owns 291 shares of the company's stock valued at $40,000 after acquiring an additional 274 shares in the last quarter. Finally, Opal Wealth Advisors LLC acquired a new stake in shares of Vistra during the first quarter valued at about $46,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Vistra

In other news, Director Scott B. Helm sold 50,000 shares of the business's stock in a transaction that occurred on 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 approximately $44,084,418. The trade was a 16.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of the business's stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $157.00, for a total value of $8,792,000.00. Following the sale, the executive vice president directly owned 306,600 shares in the company, valued at approximately $48,136,200. The trade was a 15.44% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 294,000 shares of company stock valued at $47,461,490. 1.42% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Raymond James Financial assumed coverage on Vistra in a research report on Friday, June 13th. They set a "strong-buy" rating and a $216.00 target price on the stock. The Goldman Sachs Group lifted their price target on Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a research note on Friday, May 23rd. JPMorgan Chase & Co. decreased their price target on 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 Vistra and gave the stock an "outperform" rating in a research note on Thursday, May 15th. Finally, Morgan Stanley lifted their price target on Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 18th. Three investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. 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

Shares of NYSE VST traded down $1.57 during midday trading on Thursday, hitting $198.55. 2,274,099 shares of the company's stock were exchanged, compared to its average volume of 7,445,496. The company has a debt-to-equity ratio of 6.53, a current ratio of 0.86 and a quick ratio of 0.77. The stock's 50 day moving average price is $177.90 and its 200-day moving average price is $153.47. The firm has a market cap of $67.37 billion, a P/E ratio of 31.19, a PEG ratio of 2.23 and a beta of 1.26. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $207.12.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 0.45%. Vistra's payout ratio is currently 14.15%.

About Vistra

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.