Vistra Corp. (NYSE:VST) Position Lessened by Integrated Advisors Network LLC

Integrated Advisors Network LLC reduced its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 12.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,129 shares of the company's stock after selling 6,544 shares during the period. Integrated Advisors Network LLC's holdings in Vistra were worth $6,222,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank purchased a new position in shares of Vistra in the 4th quarter worth about $409,087,000. Massachusetts Financial Services Co. MA increased its position in shares of Vistra by 63.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company's stock worth $863,116,000 after acquiring an additional 2,433,732 shares in the last quarter. Capital International Investors purchased a new position in shares of Vistra in the 4th quarter valued at $286,414,000. Raymond James Financial Inc. acquired a new position in shares of Vistra during the 4th quarter valued at $237,441,000. Finally, Appaloosa LP boosted its position in Vistra by 112.5% during the 4th quarter. Appaloosa LP now owns 2,700,000 shares of the company's stock worth $372,249,000 after purchasing an additional 1,429,612 shares during the period. Hedge funds and other institutional investors own 90.88% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on VST shares. Daiwa Capital Markets assumed coverage on Vistra in a research report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price objective on the stock. JPMorgan Chase & Co. reduced their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research report 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 research note on Thursday, May 15th. UBS Group upped their target price on shares of Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $178.00 price target (up previously from $172.00) on shares of Vistra in a research note on Thursday, May 22nd. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $169.08.

Vistra Price Performance

Shares of Vistra stock traded down $0.00 on Friday, hitting $159.73. The company had a trading volume of 2,065,185 shares, compared to its average volume of 8,266,128. Vistra Corp. has a 52 week low of $66.50 and a 52 week high of $199.84. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The company has a market cap of $54.20 billion, a PE ratio of 29.80, a PEG ratio of 1.12 and a beta of 1.16. The business has a 50-day simple moving average of $131.04 and a 200-day simple moving average of $143.97.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be paid a $0.225 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $0.90 annualized dividend and a dividend yield of 0.56%. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's payout ratio is currently 14.15%.

Insider Activity at Vistra

In related news, Director Paul M. Barbas sold 24,136 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the sale, the director now owns 51,063 shares in the company, valued at approximately $6,341,513.97. This represents a 32.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Stephanie Zapata Moore sold 35,000 shares of Vistra stock in a transaction that occurred 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 transaction, the executive vice president now owns 88,073 shares in the company, valued at approximately $14,218,505.12. The trade was a 28.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 243,136 shares of company stock valued at $37,529,690 over the last ninety days. Insiders own 1.42% of the company's stock.

About Vistra

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.