Vistra Corp. (NYSE:VST) Stock Holdings Lifted by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC raised its position in Vistra Corp. (NYSE:VST - Free Report) by 114.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,159 shares of the company's stock after purchasing an additional 27,318 shares during the quarter. Vistra makes up approximately 1.6% of Prevail Innovative Wealth Advisors LLC's holdings, making the stock its 12th biggest position. Prevail Innovative Wealth Advisors LLC's holdings in Vistra were worth $6,008,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VST. Norges Bank bought a new stake in shares of Vistra during the 4th quarter worth about $409,087,000. Massachusetts Financial Services Co. MA boosted its stake in shares of Vistra by 63.6% during the 4th 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 bought a new stake in shares of Vistra during the 4th quarter worth about $286,414,000. Palidye Holdings Caymans Ltd bought a new stake in shares of Vistra during the 4th quarter worth about $149,451,000. Finally, D1 Capital Partners L.P. bought a new stake in shares of Vistra during the 4th quarter worth about $92,649,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Price Performance

NYSE VST opened at $194.86 on Tuesday. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $200.25. The company has a debt-to-equity ratio of 6.53, a quick ratio of 0.77 and a current ratio of 0.86. The stock has a market capitalization of $66.12 billion, a PE ratio of 30.64, a P/E/G ratio of 2.31 and a beta of 1.26. The stock has a 50-day simple moving average of $170.58 and a 200 day simple moving average of $151.03.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th were issued a $0.225 dividend. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.90 annualized dividend and a yield of 0.46%. Vistra's dividend payout ratio is 14.15%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on VST shares. The Goldman Sachs Group upped their price target on Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a research note on Friday, May 23rd. Morgan Stanley upped their price target on Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 18th. JPMorgan Chase & Co. decreased their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Raymond James Financial initiated coverage on Vistra in a research note on Friday, June 13th. They set a "strong-buy" rating and a $216.00 price target for the company. Finally, UBS Group boosted their price objective on Vistra from $160.00 to $207.00 and gave the stock a "buy" rating in a research report on Tuesday, June 17th. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $176.92.

Insider Transactions at Vistra

In other Vistra news, EVP Scott A. Hudson sold 56,000 shares of the company's stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $157.00, for a total value of $8,792,000.00. Following the completion of the transaction, the executive vice president owned 306,600 shares of the company's stock, valued at $48,136,200. This represents a 15.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Scott B. Helm sold 50,000 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the director directly owned 255,192 shares of the company's stock, 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 company insiders.

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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