Wealth Enhancement Advisory Services LLC Has $11.70 Million Stock Holdings in Vistra Corp. (NYSE:VST)

Wealth Enhancement Advisory Services LLC decreased its holdings in Vistra Corp. (NYSE:VST - Free Report) by 30.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 99,596 shares of the company's stock after selling 42,663 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Vistra were worth $11,697,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VST. Tucker Asset Management LLC acquired a new position in Vistra in the 4th quarter worth about $28,000. Cherry Tree Wealth Management LLC boosted its position in shares of Vistra by 2,030.0% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 213 shares of the company's stock valued at $29,000 after purchasing an additional 203 shares in the last quarter. Ameriflex Group Inc. acquired a new position in Vistra during the 4th quarter worth approximately $32,000. Whipplewood Advisors LLC acquired a new position in Vistra during the 4th quarter worth approximately $39,000. Finally, Whittier Trust Co. raised its stake in Vistra by 1,611.8% during the 4th quarter. Whittier Trust Co. now owns 291 shares of the company's stock worth $40,000 after buying an additional 274 shares during the period. Institutional investors own 90.88% of the company's stock.

Vistra Stock Up 2.2%

NYSE VST opened at $185.14 on Monday. The company has a debt-to-equity ratio of 6.53, a current ratio of 0.86 and a quick ratio of 0.77. The stock has a market capitalization of $62.82 billion, a PE ratio of 29.11, a PEG ratio of 2.25 and a beta of 1.22. Vistra Corp. has a 1 year low of $66.50 and a 1 year high of $199.84. The business's 50-day moving average is $149.84 and its 200 day moving average is $146.04.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 0.49%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Wednesday, June 18th. Vistra's payout ratio is presently 14.15%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on VST shares. UBS Group increased their price objective on Vistra from $160.00 to $207.00 and gave the stock a "buy" rating in a research note on Tuesday, June 17th. JPMorgan Chase & Co. cut their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Evercore ISI set a $192.00 price objective on Vistra and gave the company an "outperform" rating in a research note on Thursday, May 15th. Morgan Stanley lifted their price objective on Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a research note on Wednesday, June 18th. Finally, The Goldman Sachs Group raised 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. Three analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $176.92.

Insider Buying and Selling at Vistra

In related news, EVP Carrie Lee Kirby sold 108,000 shares of the business's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $156.98, for a total value of $16,953,840.00. Following the completion of the transaction, the executive vice president now directly owns 218,239 shares in the company, valued at $34,259,158.22. The trade was a 33.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Scott B. Helm sold 20,000 shares of the business's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $156.80, for a total transaction of $3,136,000.00. Following the completion of the transaction, the director now owns 325,192 shares of the company's stock, valued at approximately $50,990,105.60. The trade was a 5.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 294,000 shares of company stock valued at $47,461,490. 1.42% of the stock is currently owned by corporate insiders.

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.

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