Pinkerton Retirement Specialists LLC Raises Holdings in Vistra Corp. (NYSE:VST)

Pinkerton Retirement Specialists LLC increased its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 31.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,220 shares of the company's stock after buying an additional 1,952 shares during the period. Pinkerton Retirement Specialists LLC's holdings in Vistra were worth $1,133,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Grassi Investment Management purchased a new position in Vistra during the fourth quarter valued at approximately $383,000. HB Wealth Management LLC boosted its position in Vistra by 77.6% during the 4th quarter. HB Wealth Management LLC now owns 5,198 shares of the company's stock valued at $717,000 after acquiring an additional 2,271 shares in the last quarter. UMB Bank n.a. increased its holdings in shares of Vistra by 116.9% in the 4th quarter. UMB Bank n.a. now owns 898 shares of the company's stock valued at $124,000 after acquiring an additional 484 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in shares of Vistra by 56.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 967 shares of the company's stock worth $133,000 after acquiring an additional 350 shares in the last quarter. Finally, Ballentine Partners LLC grew its stake in Vistra by 8.3% in the fourth quarter. Ballentine Partners LLC now owns 2,786 shares of the company's stock valued at $384,000 after purchasing an additional 213 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on VST. The Goldman Sachs Group assumed coverage on shares of Vistra in a research report on Friday, April 4th. They set a "neutral" rating and a $134.00 price target for the company. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. BMO Capital Markets increased their target price on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. Daiwa America raised shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Finally, Daiwa Capital Markets initiated coverage on Vistra in a report on Wednesday, March 5th. They set 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 company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $165.83.

Insiders Place Their Bets

In other news, Director Scott B. Helm sold 20,000 shares of the business's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $156.80, for a total value of $3,136,000.00. Following the completion of the transaction, the director now owns 325,192 shares of the company's stock, valued at $50,990,105.60. The trade was a 5.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Carrie Lee Kirby sold 108,000 shares of Vistra stock in a transaction that occurred on Monday, May 19th. The shares were 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 of the company's stock, valued at approximately $34,259,158.22. This represents a 33.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 152,136 shares of company stock valued at $23,087,290. 1.42% of the stock is owned by insiders.

Vistra Stock Down 3.0%

Shares of VST stock opened at $152.26 on Thursday. Vistra Corp. has a fifty-two week low of $66.50 and a fifty-two week high of $199.84. The firm has a market capitalization of $51.67 billion, a PE ratio of 28.41, a P/E/G 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 stock's 50-day simple moving average is $127.45 and its 200-day simple moving average is $142.80.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be issued a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend is Wednesday, June 18th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend 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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