OneDigital Investment Advisors LLC Acquires 2,212 Shares of Vistra Corp. (NYSE:VST)

OneDigital Investment Advisors LLC lifted its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 75.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,156 shares of the company's stock after acquiring an additional 2,212 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Vistra were worth $606,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Paloma Partners Management Co boosted its stake in shares of Vistra by 1.0% in the fourth quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock worth $1,103,000 after acquiring an additional 81 shares during the period. Sunbelt Securities Inc. lifted its holdings in Vistra by 1.6% in the 4th quarter. Sunbelt Securities Inc. now owns 6,409 shares of the company's stock worth $898,000 after purchasing an additional 98 shares in the last quarter. IHT Wealth Management LLC boosted its stake in Vistra by 1.1% in the 4th quarter. IHT Wealth Management LLC now owns 9,579 shares of the company's stock worth $1,321,000 after purchasing an additional 106 shares during the period. EP Wealth Advisors LLC boosted its stake in Vistra by 1.6% in the 4th quarter. EP Wealth Advisors LLC now owns 7,980 shares of the company's stock worth $1,100,000 after purchasing an additional 125 shares during the period. Finally, Flagship Harbor Advisors LLC grew its holdings in Vistra by 4.0% during the 1st quarter. Flagship Harbor Advisors LLC now owns 3,391 shares of the company's stock valued at $398,000 after buying an additional 130 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VST has been the topic of several research analyst reports. The Goldman Sachs Group boosted their target price on shares of Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a report on Friday, May 23rd. JPMorgan Chase & Co. decreased their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Evercore ISI set a $192.00 price objective on shares of Vistra and gave the company an "outperform" rating in a report on Thursday, May 15th. UBS Group raised their price objective on Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a research report on Tuesday, June 17th. Finally, Raymond James Financial assumed coverage on Vistra in a report on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Vistra has a consensus rating of "Moderate Buy" and a consensus target price of $176.92.

Insider Activity at Vistra

In other news, EVP Stephanie Zapata Moore sold 35,000 shares of the stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $161.44, for a total value of $5,650,400.00. Following the sale, the executive vice president owned 88,073 shares of the company's stock, valued at approximately $14,218,505.12. This represents a 28.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction dated 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 transaction, the executive vice president directly owned 306,600 shares of the company's stock, valued at approximately $48,136,200. This represents 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 valued at $47,461,490 over the last three months. Corporate insiders own 1.42% of the company's stock.

Vistra Trading Down 0.5%

VST traded down $1.01 on Thursday, hitting $196.00. The company had a trading volume of 4,357,943 shares, compared to its average volume of 7,167,801. The business's fifty day simple moving average is $168.27 and its 200 day simple moving average is $150.19. The company has a quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 6.53. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $200.25. The company has a market cap of $66.51 billion, a PE ratio of 30.82, a PEG ratio of 2.24 and a beta of 1.26.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Wednesday, June 18th were given a $0.225 dividend. The ex-dividend date was Wednesday, June 18th. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a yield of 0.46%. Vistra's dividend payout ratio (DPR) 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.