Retireful LLC Sells 6,115 Shares of Vistra Corp. (NYSE:VST)

Retireful LLC trimmed its position in Vistra Corp. (NYSE:VST - Free Report) by 38.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,928 shares of the company's stock after selling 6,115 shares during the quarter. Vistra accounts for 1.2% of Retireful LLC's holdings, making the stock its 28th largest holding. Retireful LLC's holdings in Vistra were worth $1,182,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its stake in shares of Vistra by 355.8% in the 4th quarter. Jones Financial Companies Lllp now owns 6,408 shares of the company's stock valued at $883,000 after purchasing an additional 5,002 shares during the last quarter. Guardian Asset Advisors LLC bought a new position in Vistra in the fourth quarter valued at about $254,000. Savant Capital LLC grew its position in Vistra by 10.7% in the fourth quarter. Savant Capital LLC now owns 4,058 shares of the company's stock valued at $559,000 after acquiring an additional 393 shares during the last quarter. Empire Life Investments Inc. raised its stake in Vistra by 0.9% during the fourth 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 in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Vistra in the fourth quarter worth about $1,177,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VST has been the topic of several research reports. Daiwa Capital Markets started coverage on shares of Vistra in a report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price target on the stock. The Goldman Sachs Group boosted their target price on shares of Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a research note on Friday, May 23rd. Morgan Stanley reiterated an "overweight" rating and issued a $178.00 price target (up from $172.00) on shares of Vistra in a research note on Thursday, May 22nd. JPMorgan Chase & Co. cut 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. Finally, Evercore ISI set a $192.00 target price on Vistra and gave the stock an "outperform" rating in a report on Thursday, May 15th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat, Vistra has an average rating of "Moderate Buy" and an average target price of $169.08.

Vistra Trading Up 1.7%

Shares of VST stock traded up $2.86 on Friday, hitting $173.73. The company had a trading volume of 3,296,838 shares, compared to its average volume of 7,414,337. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $199.84. 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 firm has a market cap of $58.95 billion, a P/E ratio of 32.41, a P/E/G ratio of 1.12 and a beta of 1.16. The stock's 50-day moving average is $135.76 and its two-hundred day moving average is $144.91.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date is Wednesday, June 18th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is currently 14.15%.

Insider Activity at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 35,000 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total value of $5,650,400.00. Following the transaction, the executive vice president now directly owns 88,073 shares of the company's stock, valued at approximately $14,218,505.12. The trade was a 28.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John William Pitesa bought 1,500 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the transaction, the director now directly owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 219,000 shares of company stock worth $34,532,240 over the last quarter. Company insiders own 1.42% of the company's stock.

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.