NorthRock Partners LLC Acquires Shares of 2,488 Vistra Corp. (NYSE:VST)

NorthRock Partners LLC purchased a new stake in shares of Vistra Corp. (NYSE:VST - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 2,488 shares of the company's stock, valued at approximately $343,000.

Other large investors have also recently modified their holdings of the company. Pathway Financial Advisers LLC raised its stake in Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 154 shares in the last quarter. Avior Wealth Management LLC increased its holdings in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after buying an additional 65 shares during the last quarter. West Branch Capital LLC bought a new position in shares of Vistra in the 4th quarter worth $28,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vistra during the 4th quarter valued at $28,000. Finally, Tucker Asset Management LLC bought a new stake in shares of Vistra during the 4th quarter worth $28,000. Institutional investors own 90.88% of the company's stock.

Insider Activity

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the company's stock in a transaction on Wednesday, March 12th. The stock was acquired at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the acquisition, the director now owns 3,467 shares in the company, valued at $439,442.25. This represents a 76.26% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the transaction, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. This trade represents a 32.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.42% of the company's stock.

Vistra Trading Down 0.5%

NYSE:VST traded down $0.72 during midday trading on Tuesday, reaching $156.60. 3,421,781 shares of the stock traded hands, compared to its average volume of 7,551,562. The stock has a market capitalization of $53.14 billion, a P/E ratio of 29.22, a PEG ratio of 1.12 and a beta of 1.16. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The company has a fifty day moving average of $126.90 and a 200 day moving average of $142.73. 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. Shareholders of record on Wednesday, June 18th will be given a $0.225 dividend. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.57%. Vistra's payout ratio is presently 14.15%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on VST shares. BMO Capital Markets increased their target price on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. decreased 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. Daiwa America raised Vistra to a "hold" rating in a research note on Wednesday, March 5th. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and reduced their price target for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, Daiwa Capital Markets started coverage on shares of Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price objective for the company. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $165.83.

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.