Universal Beteiligungs und Servicegesellschaft mbH Purchases New Stake in Vistra Corp. (NYSE:VST)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Vistra Corp. (NYSE:VST - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 123,468 shares of the company's stock, valued at approximately $17,023,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VST. Avior Wealth Management LLC boosted its stake in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after buying an additional 65 shares during the period. Pathway Financial Advisers LLC boosted its stake in shares of Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after buying an additional 154 shares during the period. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Vistra in the 4th quarter valued at about $28,000. Tucker Asset Management LLC purchased a new position in shares of Vistra in the 4th quarter valued at about $28,000. Finally, Cherry Tree Wealth Management LLC boosted its stake in shares of Vistra by 2,030.0% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 213 shares of the company's stock valued at $29,000 after buying an additional 203 shares during the period. Hedge funds and other institutional investors own 90.88% of the company's stock.

Insiders Place Their Bets

In other Vistra news, EVP Stephanie Zapata Moore sold 35,000 shares of Vistra stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total value of $5,650,400.00. Following the transaction, the executive vice president now directly owns 88,073 shares in the company, valued at approximately $14,218,505.12. This trade represents a 28.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John William Pitesa bought 1,500 shares of the stock in a transaction on Wednesday, March 12th. The stock was bought at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the purchase, the director now directly owns 3,467 shares in the company, valued at approximately $439,442.25. The trade was a 76.26% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 219,000 shares of company stock valued at $34,532,240 over the last quarter. Company insiders own 1.42% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. UBS Group lifted their price objective on Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Daiwa Capital Markets assumed coverage on Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price on the stock. Bank of America raised Vistra from a "neutral" rating to a "buy" rating and cut their target price for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Morgan Stanley reissued an "overweight" rating and set a $178.00 target price (up previously from $172.00) on shares of Vistra in a research report on Thursday, May 22nd. Finally, JPMorgan Chase & Co. cut their target price on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $169.08.

Vistra Stock Performance

VST traded up $8.56 during trading on Tuesday, hitting $176.03. 10,015,922 shares of the stock were exchanged, compared to its average volume of 7,461,805. The firm has a market capitalization of $59.73 billion, a P/E ratio of 32.84, a PEG ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 1-year low of $66.50 and a 1-year high of $199.84. The stock has a fifty day moving average price of $133.62 and a two-hundred day moving average price of $144.55. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be given 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 annualized dividend and a yield of 0.51%. Vistra's payout ratio is 14.15%.

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.