TD Private Client Wealth LLC Increases Stock Holdings in Vistra Corp. (NYSE:VST)

TD Private Client Wealth LLC raised its position in Vistra Corp. (NYSE:VST - Free Report) by 42.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,590 shares of the company's stock after purchasing an additional 3,767 shares during the quarter. TD Private Client Wealth LLC's holdings in Vistra were worth $1,479,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. HM Payson & Co. raised its position in 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 purchasing an additional 168 shares during the last quarter. Tucker Asset Management LLC bought a new position in Vistra in the fourth quarter valued at about $28,000. Ameriflex Group Inc. bought a new position in Vistra in the fourth quarter valued at about $32,000. Whittier Trust Co. raised its position in 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 purchasing an additional 274 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new position in Vistra in the first quarter valued at about $46,000. 90.88% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. 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 for the company. The Goldman Sachs Group raised their price objective on Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a research report on Friday, May 23rd. UBS Group raised their price objective on Vistra from $160.00 to $207.00 and gave the stock a "buy" rating in a research report on Tuesday, June 17th. JPMorgan Chase & Co. lowered their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Finally, Morgan Stanley raised their price objective on Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 18th. Three 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $176.92.

Vistra Trading Down 0.5%

VST stock traded down $0.99 during mid-day trading on Thursday, reaching $196.02. The company's stock had a trading volume of 1,964,201 shares, compared to its average volume of 7,628,649. The company has a market cap of $66.51 billion, a price-to-earnings ratio of 30.76, a price-to-earnings-growth ratio of 2.24 and a beta of 1.26. The business's 50 day moving average price is $168.27 and its 200 day moving average price is $150.19. 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 Corp. has a 12 month low of $66.50 and a 12 month high of $200.25.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th were issued a $0.225 dividend. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend was Wednesday, June 18th. Vistra's payout ratio is presently 14.15%.

Insiders Place Their Bets

In other Vistra news, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $157.00, for a total value of $8,792,000.00. Following the completion of the sale, the executive vice president directly owned 306,600 shares in the company, valued at approximately $48,136,200. The trade was a 15.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Stephanie Zapata Moore sold 35,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $161.44, for a total value of $5,650,400.00. Following the completion of the sale, the executive vice president directly owned 88,073 shares of the company's stock, valued at $14,218,505.12. This trade represents a 28.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 294,000 shares of company stock valued at $47,461,490 in the last 90 days. Company 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.