Vistra Corp. (NYSE:VST) Shares Purchased by US Bancorp DE

US Bancorp DE boosted its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 12.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 24,517 shares of the company's stock after purchasing an additional 2,731 shares during the period. US Bancorp DE's holdings in Vistra were worth $2,879,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. HM Payson & Co. grew its holdings in shares of Vistra by 275.4% during the first quarter. HM Payson & Co. now owns 229 shares of the company's stock worth $27,000 after buying an additional 168 shares during the last quarter. Ameriflex Group Inc. purchased a new position in shares of Vistra in the 4th quarter valued at approximately $32,000. Opal Wealth Advisors LLC acquired a new position in shares of Vistra in the first quarter valued at approximately $46,000. Golden State Wealth Management LLC increased its stake in Vistra by 2,540.0% in the 1st quarter. Golden State Wealth Management LLC now owns 396 shares of the company's stock valued at $47,000 after buying an additional 381 shares during the period. Finally, State of Wyoming acquired a new position in shares of Vistra during the fourth quarter worth about $58,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Price Performance

Vistra stock traded down $3.24 during midday trading on Friday, reaching $202.35. 4,060,980 shares of the company were exchanged, compared to its average volume of 7,313,929. The firm's 50-day simple moving average is $187.98 and its 200-day simple moving average is $156.24. Vistra Corp. has a 1 year low of $72.90 and a 1 year high of $216.85. The company has a market capitalization of $68.66 billion, a price-to-earnings ratio of 31.82, a P/E/G ratio of 2.44 and a beta of 1.30. The company has a debt-to-equity ratio of 6.53, a quick ratio of 0.77 and a current ratio of 0.86.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 19th will be given a $0.226 dividend. This is a boost from Vistra's previous quarterly dividend of $0.23. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Friday, September 19th. Vistra's dividend payout ratio (DPR) is presently 14.15%.

Insiders Place Their Bets

In related news, Director Scott B. Helm sold 50,000 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $172.75, for a total transaction of $8,637,500.00. Following the sale, the director owned 255,192 shares in the company, valued at approximately $44,084,418. This trade represents a 16.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction of $8,792,000.00. Following the completion of the sale, the executive vice president directly owned 306,600 shares of the company's stock, valued at $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. Over the last quarter, insiders have sold 294,000 shares of company stock valued at $47,461,490. 1.42% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have recently commented on VST shares. 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, July 25th. The Goldman Sachs Group increased 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. Evercore ISI set a $192.00 target price on shares of Vistra and gave the stock an "outperform" rating in a research report on Thursday, May 15th. Jefferies Financial Group set a $241.00 price target on shares of Vistra and gave the stock a "buy" rating in a research note on Friday. Finally, Raymond James Financial began coverage on shares of Vistra in a research note on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 price objective for the company. Three research 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 data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $186.69.

Vistra Profile

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.