McBroom & Associates LLC Increases Stock Holdings in Vistra Corp. (NYSE:VST)

McBroom & Associates LLC increased its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 158.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 21,630 shares of the company's stock after acquiring an additional 13,273 shares during the period. Vistra comprises 1.5% of McBroom & Associates LLC's portfolio, making the stock its 21st biggest position. McBroom & Associates LLC's holdings in Vistra were worth $2,540,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jones Financial Companies Lllp lifted its stake in shares of Vistra by 355.8% during the 4th quarter. Jones Financial Companies Lllp now owns 6,408 shares of the company's stock worth $883,000 after acquiring an additional 5,002 shares during the last quarter. Savant Capital LLC lifted its stake in shares of Vistra by 10.7% during the 4th quarter. Savant Capital LLC now owns 4,058 shares of the company's stock worth $559,000 after acquiring an additional 393 shares during the last quarter. Empire Life Investments Inc. lifted its stake in shares of Vistra by 0.9% during the 4th quarter. Empire Life Investments Inc. now owns 195,947 shares of the company's stock worth $27,015,000 after acquiring an additional 1,681 shares during the last quarter. AustralianSuper Pty Ltd lifted its stake in shares of Vistra by 462.9% during the 4th quarter. AustralianSuper Pty Ltd now owns 404,580 shares of the company's stock worth $55,779,000 after acquiring an additional 332,700 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in shares of Vistra by 1.5% during the 4th quarter. Asset Management One Co. Ltd. now owns 132,147 shares of the company's stock worth $18,458,000 after acquiring an additional 1,998 shares during the last quarter. 90.88% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Stephanie Zapata Moore sold 35,000 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total transaction of $5,650,400.00. Following the transaction, the executive vice president now directly owns 88,073 shares in the company, valued at $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 is available through this link. Also, EVP Carrie Lee Kirby sold 108,000 shares of the business's stock in a transaction 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 transaction, the executive vice president now owns 218,239 shares in the company, valued at approximately $34,259,158.22. This trade represents a 33.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 294,000 shares of company stock worth $47,461,490. 1.42% of the stock is currently owned by company insiders.

Vistra Stock Down 0.1%

Shares of NYSE:VST traded down $0.19 on Friday, reaching $173.68. The company had a trading volume of 3,956,609 shares, compared to its average volume of 7,339,402. Vistra Corp. has a 52-week low of $66.50 and a 52-week high of $199.84. The firm's 50 day simple moving average is $143.01 and its 200-day simple moving average is $145.32. The firm has a market capitalization of $58.94 billion, a PE ratio of 32.40, a PEG ratio of 1.12 and a beta of 1.22. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be issued a $0.225 dividend. The ex-dividend date is Wednesday, June 18th. 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 0.52%. Vistra's dividend payout ratio (DPR) is currently 14.15%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Morgan Stanley reissued an "overweight" rating and set a $178.00 price target (up from $172.00) on shares of Vistra in a research note on Thursday, May 22nd. JPMorgan Chase & Co. reduced their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. UBS Group raised their price objective on Vistra from $154.00 to $160.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. The Goldman Sachs Group raised their price objective on Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a report on Friday, May 23rd. Finally, Daiwa America upgraded Vistra to a "hold" rating in a report on Wednesday, March 5th. Three research 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 an average target price of $172.69.

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.