Harel Insurance Investments & Financial Services Ltd. Has $448,000 Position in Vistra Corp. (NYSE:VST)

Harel Insurance Investments & Financial Services Ltd. grew its position in Vistra Corp. (NYSE:VST - Free Report) by 710.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,811 shares of the company's stock after buying an additional 3,341 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.'s holdings in Vistra were worth $448,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. IFM Investors Pty Ltd increased its stake in shares of Vistra by 15.1% in the first quarter. IFM Investors Pty Ltd now owns 63,716 shares of the company's stock worth $7,553,000 after buying an additional 8,343 shares during the period. GF Fund Management CO. LTD. grew its stake in Vistra by 32,038.3% in the first quarter. GF Fund Management CO. LTD. now owns 38,566 shares of the company's stock valued at $4,529,000 after purchasing an additional 38,446 shares during the last quarter. OneDigital Investment Advisors LLC lifted its holdings in Vistra by 75.1% in the first quarter. OneDigital Investment Advisors LLC now owns 5,156 shares of the company's stock valued at $606,000 after acquiring an additional 2,212 shares during the period. Calamos Wealth Management LLC boosted its holdings in shares of Vistra by 55.0% during the 1st quarter. Calamos Wealth Management LLC now owns 5,182 shares of the company's stock worth $609,000 after purchasing an additional 1,839 shares during the last quarter. Finally, Calamos Advisors LLC boosted its holdings in Vistra by 0.4% during the 1st quarter. Calamos Advisors LLC now owns 134,103 shares of the company's stock valued at $15,749,000 after acquiring an additional 529 shares during the period. 90.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VST has been the subject of a number of research reports. The Goldman Sachs Group boosted their price target on Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a research report on Friday, May 23rd. JPMorgan Chase & Co. decreased their price target on 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 target price on Vistra and gave the company an "outperform" rating in a research note on Thursday, May 15th. Raymond James Financial started coverage on Vistra in a research report on Friday, June 13th. They set a "strong-buy" rating and a $216.00 price objective for the company. Finally, UBS Group increased their price target on Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a research report on Tuesday, June 17th. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Vistra currently has an average rating of "Moderate Buy" and an average target price of $176.92.

Insider Activity

In related news, EVP Stephanie Zapata Moore sold 35,000 shares of the firm's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total transaction of $5,650,400.00. Following the sale, the executive vice president owned 88,073 shares of the company's stock, valued at $14,218,505.12. This trade represents a 28.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Scott B. Helm sold 50,000 shares of the firm's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $172.75, for a total value of $8,637,500.00. Following the sale, the director directly owned 255,192 shares in the company, valued at approximately $44,084,418. This trade represents a 16.38% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 294,000 shares of company stock worth $47,461,490. 1.42% of the stock is currently owned by insiders.

Vistra Stock Performance

Shares of NYSE VST traded up $4.49 during trading hours on Friday, reaching $191.51. 3,342,447 shares of the stock were exchanged, compared to its average volume of 7,183,252. The firm has a market capitalization of $64.98 billion, a price-to-earnings ratio of 30.11, a P/E/G ratio of 2.26 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. Vistra Corp. has a 52 week low of $66.50 and a 52 week high of $199.84. The stock's fifty day simple moving average is $164.42 and its 200 day simple moving average is $149.12.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th were paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date was Wednesday, June 18th. This is a positive change from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is 14.15%.

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.