TD Private Client Wealth LLC Purchases 3,767 Shares of Vistra Corp. (NYSE:VST)

TD Private Client Wealth LLC boosted its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 42.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,590 shares of the company's stock after acquiring an additional 3,767 shares during the period. TD Private Client Wealth LLC's holdings in Vistra were worth $1,479,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VST. HM Payson & Co. increased its position in shares of Vistra by 275.4% in the first quarter. HM Payson & Co. now owns 229 shares of the company's stock valued at $27,000 after acquiring an additional 168 shares during the last quarter. Tucker Asset Management LLC acquired a new stake in shares of Vistra in the fourth quarter valued at about $28,000. Ameriflex Group Inc. acquired a new stake in shares of Vistra in the fourth quarter valued at about $32,000. Whittier Trust Co. increased its position in shares of Vistra by 1,611.8% in the fourth quarter. Whittier Trust Co. now owns 291 shares of the company's stock valued at $40,000 after acquiring an additional 274 shares during the last quarter. Finally, Opal Wealth Advisors LLC acquired a new stake in shares of Vistra in the first quarter valued at about $46,000. 90.88% of the stock is currently owned by institutional investors.

Vistra Stock Performance

Shares of Vistra stock traded down $1.01 on Thursday, hitting $196.00. The stock had a trading volume of 4,357,943 shares, compared to its average volume of 7,176,394. The stock has a market cap of $66.51 billion, a price-to-earnings ratio of 30.82, a price-to-earnings-growth ratio of 2.32 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 quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 6.53. The business's 50 day moving average is $169.44 and its two-hundred day moving average is $150.57.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Wednesday, June 18th were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a yield of 0.46%. This is an increase from Vistra's previous quarterly dividend of $0.22. 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 company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $172.75, for a total transaction of $8,637,500.00. Following the completion of the sale, the director directly owned 255,192 shares in the company, valued at $44,084,418. This represents a 16.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John R. Sult sold 25,000 shares of the company's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $171.67, for a total value of $4,291,750.00. Following the sale, the director owned 75,946 shares of the company's stock, valued at $13,037,649.82. The trade was a 24.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 294,000 shares of company stock valued at $47,461,490 over the last ninety days. 1.42% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on VST shares. Evercore ISI set a $192.00 target price on Vistra and gave the company an "outperform" rating in a research report on Thursday, May 15th. Raymond James Financial assumed coverage on Vistra in a research report on Friday, June 13th. They set a "strong-buy" rating and a $216.00 price target on the stock. JPMorgan Chase & Co. lowered their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Morgan Stanley boosted their price target on Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 18th. Finally, The Goldman Sachs Group boosted their price target on Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a research report on Friday, May 23rd. Three equities research 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. According to data from MarketBeat, the stock currently 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.