Vistra Corp. (NYSE:VST) Shares Purchased by Snowden Capital Advisors LLC

Snowden Capital Advisors LLC increased its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 63.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,073 shares of the company's stock after purchasing an additional 2,361 shares during the period. Snowden Capital Advisors LLC's holdings in Vistra were worth $837,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in VST. Grassi Investment Management purchased a new position in Vistra during the fourth quarter worth about $383,000. HB Wealth Management LLC raised its holdings in Vistra by 77.6% during the fourth quarter. HB Wealth Management LLC now owns 5,198 shares of the company's stock worth $717,000 after purchasing an additional 2,271 shares in the last quarter. Clarius Group LLC purchased a new position in Vistra during the fourth quarter worth about $225,000. Terra Nova Asset Management LLC raised its holdings in Vistra by 7.3% during the fourth quarter. Terra Nova Asset Management LLC now owns 7,616 shares of the company's stock worth $1,050,000 after purchasing an additional 517 shares in the last quarter. Finally, Diversify Advisory Services LLC raised its holdings in Vistra by 62.3% during the fourth quarter. Diversify Advisory Services LLC now owns 6,543 shares of the company's stock worth $902,000 after purchasing an additional 2,511 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Scott B. Helm sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $156.80, for a total transaction of $3,136,000.00. Following the sale, the director now owns 325,192 shares in the company, valued at approximately $50,990,105.60. This trade represents a 5.79% 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, Director Paul M. Barbas sold 24,136 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the sale, the director now owns 51,063 shares in the company, valued at approximately $6,341,513.97. This trade represents a 32.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 208,136 shares of company stock worth $31,879,290 over the last ninety days. 1.42% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on VST. Evercore ISI set a $192.00 target price on shares of Vistra and gave the company an "outperform" rating in a report on Thursday, May 15th. BMO Capital Markets increased their target price on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. Daiwa America raised shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Morgan Stanley increased their target price on shares of Vistra from $172.00 to $178.00 and gave the company an "overweight" rating in a report on Thursday. Finally, JPMorgan Chase & Co. dropped their target price on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $166.58.

Vistra Price Performance

Shares of VST stock traded up $2.35 during trading hours on Thursday, hitting $154.42. The company's stock had a trading volume of 4,531,119 shares, compared to its average volume of 7,536,493. The business has a fifty day moving average of $128.02 and a 200-day moving average of $143.06. The stock has a market cap of $52.40 billion, a price-to-earnings ratio of 28.81, a P/E/G ratio of 1.12 and a beta of 1.16. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $199.84. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be given a $0.225 dividend. The ex-dividend date is Wednesday, June 18th. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 0.58%. Vistra's dividend payout ratio is currently 14.15%.

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.