Robeco Institutional Asset Management B.V. Has $5.88 Million Stock Position in Vistra Corp. (NYSE:VST)

Robeco Institutional Asset Management B.V. lessened its stake in Vistra Corp. (NYSE:VST - Free Report) by 38.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,082 shares of the company's stock after selling 31,541 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Vistra were worth $5,882,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Jones Financial Companies Lllp raised its position in 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 buying an additional 5,002 shares during the last quarter. Kingswood Wealth Advisors LLC bought a new position in shares of Vistra during the 1st quarter worth approximately $341,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of Vistra in the first quarter valued at approximately $432,000. Wealthcare Advisory Partners LLC raised its holdings in shares of Vistra by 12.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 1,955 shares of the company's stock valued at $230,000 after purchasing an additional 224 shares during the last quarter. Finally, Meeder Asset Management Inc. lifted its position in shares of Vistra by 186.6% in the fourth quarter. Meeder Asset Management Inc. now owns 44,487 shares of the company's stock worth $6,133,000 after purchasing an additional 28,967 shares in the last quarter. Institutional investors own 90.88% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Morgan Stanley lifted their price target on shares of Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a research note on Wednesday, June 18th. Raymond James Financial assumed coverage on Vistra in a research report on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 target price on the stock. Daiwa America raised Vistra to a "hold" rating in a research report on Wednesday, March 5th. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and decreased their price target for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Finally, UBS Group upped their price objective on Vistra from $160.00 to $207.00 and gave the stock a "buy" rating in a research note on Tuesday, June 17th. Three investment 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 stock. Based on data from MarketBeat, Vistra currently has a consensus rating of "Moderate Buy" and an average target price of $176.92.

Vistra Stock Performance

Shares of NYSE VST traded up $2.69 during midday trading on Wednesday, hitting $187.79. 662,969 shares of the company's stock were exchanged, compared to its average volume of 7,150,115. The company has a quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 6.53. The firm has a market capitalization of $63.72 billion, a PE ratio of 29.56, a price-to-earnings-growth ratio of 2.28 and a beta of 1.26. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84. The company's 50 day moving average price is $160.43 and its 200 day moving average price is $148.06.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 0.48%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Wednesday, June 18th. Vistra's payout ratio is 14.15%.

Insider Transactions at Vistra

In other Vistra news, Director Scott B. Helm sold 50,000 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $172.75, for a total value of $8,637,500.00. Following the transaction, the director directly owned 255,192 shares of the company's stock, valued at $44,084,418. This represents a 16.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Carrie Lee Kirby sold 108,000 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $156.98, for a total transaction of $16,953,840.00. Following the sale, the executive vice president owned 218,239 shares of the company's stock, valued at $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. Over the last 90 days, insiders sold 294,000 shares of company stock valued at $47,461,490. Corporate insiders own 1.42% of the company's stock.

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.