Roman Butler Fullerton & Co. Buys Shares of 1,751 Vistra Corp. (NYSE:VST)

Roman Butler Fullerton & Co. bought a new position in Vistra Corp. (NYSE:VST - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,751 shares of the company's stock, valued at approximately $203,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Peregrine Asset Advisers Inc. grew its holdings in shares of Vistra by 3.2% during the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock valued at $285,000 after buying an additional 64 shares in the last quarter. Paloma Partners Management Co lifted its stake in Vistra by 1.0% in the 4th quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock worth $1,103,000 after acquiring an additional 81 shares in the last quarter. Sunbelt Securities Inc. boosted its position in Vistra by 1.6% during the 4th quarter. Sunbelt Securities Inc. now owns 6,409 shares of the company's stock worth $898,000 after acquiring an additional 98 shares during the period. IHT Wealth Management LLC grew its stake in Vistra by 1.1% during the 4th quarter. IHT Wealth Management LLC now owns 9,579 shares of the company's stock valued at $1,321,000 after acquiring an additional 106 shares in the last quarter. Finally, Rothschild Investment LLC increased its holdings in shares of Vistra by 34.2% in the 4th quarter. Rothschild Investment LLC now owns 463 shares of the company's stock valued at $64,000 after purchasing an additional 118 shares during the period. 90.88% of the stock is owned by institutional investors.

Vistra Stock Up 1.9%

NYSE VST traded up $3.42 during trading on Thursday, hitting $181.17. 5,285,951 shares of the company traded hands, compared to its average volume of 7,301,349. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84. The business has a fifty day simple moving average of $146.93 and a 200 day simple moving average of $145.85. The company has a market capitalization of $61.48 billion, a P/E ratio of 28.49, a PEG ratio of 2.16 and a beta of 1.22. The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 6.53.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. This is a positive change 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 0.50%. Vistra's dividend payout ratio is currently 13.99%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Raymond James Financial started coverage on shares of Vistra in a report on Friday, June 13th. They set a "strong-buy" rating and a $216.00 price target for the company. Morgan Stanley increased their target price on shares of Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a research report on Wednesday. UBS Group boosted their price target on shares of Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a report on Tuesday. The Goldman Sachs Group increased 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 research note on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $176.92.

Insider Activity at Vistra

In other news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $156.80, for a total value of $3,136,000.00. Following the transaction, the director now owns 325,192 shares of the company's stock, valued at $50,990,105.60. This trade represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Carrie Lee Kirby sold 108,000 shares of the company's stock in a transaction 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 now directly 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 have sold 294,000 shares of company stock valued at $47,461,490. Corporate insiders own 1.42% of the company's stock.

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.