Universal Beteiligungs und Servicegesellschaft mbH Acquires 7,912 Shares of Vistra Corp. (NYSE:VST)

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 6.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 131,380 shares of the company's stock after purchasing an additional 7,912 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Vistra were worth $15,429,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VST. Amalgamated Bank lifted its position in shares of Vistra by 1.9% during the 1st quarter. Amalgamated Bank now owns 73,908 shares of the company's stock worth $8,680,000 after buying an additional 1,387 shares during the period. Kingswood Wealth Advisors LLC bought a new position in shares of Vistra during the 1st quarter worth approximately $341,000. Dynamic Advisor Solutions LLC bought a new position in shares of Vistra during the 1st quarter worth approximately $432,000. Envestnet Asset Management Inc. lifted its position in shares of Vistra by 29.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 255,629 shares of the company's stock worth $30,021,000 after buying an additional 57,551 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its position in shares of Vistra by 12.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 1,955 shares of the company's stock worth $230,000 after buying an additional 224 shares during the period. Institutional investors own 90.88% of the company's stock.

Vistra Price Performance

Shares of VST traded down $3.94 during trading hours on Friday, reaching $192.30. The stock had a trading volume of 5,488,114 shares, compared to its average volume of 4,904,095. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $207.12. The stock has a market capitalization of $65.25 billion, a PE ratio of 30.24, a PEG ratio of 2.32 and a beta of 1.26. The company has a debt-to-equity ratio of 6.53, a quick ratio of 0.77 and a current ratio of 0.86. The company's 50-day moving average is $179.50 and its two-hundred day moving average is $153.89.

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 given a dividend of $0.225 per share. 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 0.47%. The ex-dividend date of this dividend was Wednesday, June 18th. Vistra's dividend payout ratio (DPR) is currently 14.15%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on VST shares. The Goldman Sachs Group raised their price target on Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a report on Friday, May 23rd. UBS Group raised their price target on Vistra from $207.00 to $230.00 and gave the company a "buy" rating in a report on Friday. Morgan Stanley raised their price target on Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a report on Wednesday, June 18th. Evercore ISI set a $192.00 price target on Vistra and gave the company an "outperform" rating in a report on Thursday, May 15th. Finally, JPMorgan Chase & Co. dropped their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Vistra has an average rating of "Moderate Buy" and a consensus target price of $178.69.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Carrie Lee Kirby sold 108,000 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 218,239 shares in the company, valued at approximately $34,259,158.22. This trade represents a 33.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction dated 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 sale, the executive vice president owned 306,600 shares of the company's stock, valued at approximately $48,136,200. The trade was a 15.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 294,000 shares of company stock worth $47,461,490 over 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.