Vistra Corp. (NYSE:VST) Position Lessened by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. trimmed its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 55.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,747 shares of the company's stock after selling 156,355 shares during the quarter. Vaughan Nelson Investment Management L.P.'s holdings in Vistra were worth $14,886,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Savant Capital LLC grew its position in shares of Vistra by 10.7% in the fourth quarter. Savant Capital LLC now owns 4,058 shares of the company's stock valued at $559,000 after purchasing an additional 393 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in Vistra by 1.5% during the fourth quarter. Asset Management One Co. Ltd. now owns 132,147 shares of the company's stock worth $18,458,000 after purchasing an additional 1,998 shares during the period. Vontobel Holding Ltd. raised its stake in shares of Vistra by 46.5% in the fourth quarter. Vontobel Holding Ltd. now owns 5,251 shares of the company's stock valued at $724,000 after acquiring an additional 1,667 shares during the last quarter. Valeo Financial Advisors LLC raised its stake in shares of Vistra by 5.2% in the fourth quarter. Valeo Financial Advisors LLC now owns 5,850 shares of the company's stock valued at $807,000 after acquiring an additional 291 shares during the last quarter. Finally, New Mexico Educational Retirement Board increased its holdings in shares of Vistra by 2.5% in the fourth quarter. New Mexico Educational Retirement Board now owns 16,400 shares of the company's stock valued at $2,261,000 after purchasing an additional 400 shares in the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Carrie Lee Kirby sold 108,000 shares of the stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $156.98, for a total transaction of $16,953,840.00. Following the sale, the executive vice president now owns 218,239 shares in the company, valued at approximately $34,259,158.22. This trade represents a 33.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stephanie Zapata Moore sold 35,000 shares of the stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $161.44, for a total transaction of $5,650,400.00. Following the completion of the transaction, the executive vice president now directly owns 88,073 shares of the company's stock, valued at approximately $14,218,505.12. The trade was a 28.44% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 294,000 shares of company stock worth $47,461,490. Corporate insiders own 1.42% of the company's stock.

Vistra Stock Performance

Shares of NYSE:VST opened at $173.68 on Monday. The company's 50 day moving average price is $143.01 and its two-hundred day moving average price is $145.25. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $199.84. The firm has a market cap of $58.94 billion, a PE ratio of 32.40, a PEG ratio of 1.12 and a beta of 1.22. 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. Investors 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 dividend yield of 0.52%. Vistra's dividend payout ratio (DPR) is currently 14.15%.

Analysts Set New Price Targets

A number of analysts have commented on VST shares. Evercore ISI set a $192.00 target price on shares of Vistra and gave the stock an "outperform" rating in a report on Thursday, May 15th. UBS Group boosted their price objective on shares of Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Morgan Stanley reissued an "overweight" rating and set a $178.00 price target (up from $172.00) on shares of Vistra in a research report on Thursday, May 22nd. Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and cut their price target for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, Daiwa America upgraded shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. Three equities 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. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $172.69.

Vistra Company 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.

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