6,069 Shares in Vistra Corp. (NYSE:VST) Purchased by Schear Investment Advisers LLC

Schear Investment Advisers LLC purchased a new stake in Vistra Corp. (NYSE:VST - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,069 shares of the company's stock, valued at approximately $713,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HM Payson & Co. grew its holdings in shares of Vistra by 275.4% in the 1st quarter. HM Payson & Co. now owns 229 shares of the company's stock valued at $27,000 after buying an additional 168 shares during the period. Tucker Asset Management LLC bought a new stake in Vistra in the 4th quarter valued at $28,000. Ameriflex Group Inc. bought a new stake in Vistra in the 4th quarter valued at $32,000. Whittier Trust Co. lifted its position in Vistra by 1,611.8% in the 4th quarter. Whittier Trust Co. now owns 291 shares of the company's stock valued at $40,000 after acquiring an additional 274 shares in the last quarter. Finally, Opal Wealth Advisors LLC acquired a new stake in Vistra in the 1st quarter valued at $46,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Vistra Price Performance

VST stock traded up $0.70 during trading on Friday, reaching $196.48. 3,712,766 shares of the company were exchanged, compared to its average volume of 7,175,559. The company has a 50-day moving average of $170.58 and a two-hundred day moving average of $150.99. The company has a market capitalization of $66.67 billion, a price-to-earnings ratio of 30.89, a P/E/G ratio of 2.31 and a beta of 1.26. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $200.25. The company has a debt-to-equity ratio of 6.53, a current ratio of 0.86 and a quick ratio of 0.77.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Wednesday, June 18th were paid a dividend of $0.225 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a yield of 0.46%. Vistra's dividend payout ratio is currently 14.15%.

Insider Buying and Selling at Vistra

In other Vistra news, Director Scott B. Helm sold 50,000 shares of the firm's stock in a transaction on 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 approximately $44,084,418. This trade represents a 16.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Carrie Lee Kirby sold 108,000 shares of the firm's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $156.98, for a total transaction of $16,953,840.00. Following the completion of the transaction, the executive vice president directly owned 218,239 shares in the company, 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. Insiders sold 294,000 shares of company stock valued at $47,461,490 over the last 90 days. Insiders own 1.42% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VST. The Goldman Sachs Group boosted their price objective 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. JPMorgan Chase & Co. decreased their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Raymond James Financial initiated coverage on shares of Vistra in a research note on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 price target on the stock. UBS Group boosted their price objective on shares of Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a report on Tuesday, June 17th. Finally, Morgan Stanley boosted their price objective on shares of Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a report on Wednesday, June 18th. Three investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $176.92.

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.