Vistra Corp. (NYSE:VST) Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC increased its holdings in Vistra Corp. (NYSE:VST - Free Report) by 13.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,591 shares of the company's stock after buying an additional 7,543 shares during the period. Wealthfront Advisers LLC's holdings in Vistra were worth $7,703,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Whittier Trust Co. raised its stake in Vistra by 83.2% in the first quarter. Whittier Trust Co. now owns 533 shares of the company's stock worth $63,000 after buying an additional 242 shares in the last quarter. Prevail Innovative Wealth Advisors LLC raised its stake in Vistra by 114.6% in the first quarter. Prevail Innovative Wealth Advisors LLC now owns 51,159 shares of the company's stock worth $6,008,000 after buying an additional 27,318 shares in the last quarter. Dakota Wealth Management raised its stake in Vistra by 61.0% in the first quarter. Dakota Wealth Management now owns 2,699 shares of the company's stock worth $317,000 after buying an additional 1,023 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd bought a new position in Vistra in the first quarter worth approximately $382,000. Finally, SBI Securities Co. Ltd. raised its stake in Vistra by 48.1% in the first quarter. SBI Securities Co. Ltd. now owns 8,140 shares of the company's stock worth $956,000 after buying an additional 2,643 shares in the last quarter. Institutional investors own 90.88% of the company's stock.

Vistra Stock Performance

NYSE:VST traded down $1.96 during mid-day trading on Thursday, hitting $182.17. The company's stock had a trading volume of 3,940,569 shares, compared to its average volume of 7,119,813. Vistra Corp. has a 1 year low of $66.50 and a 1 year high of $200.25. 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 cap of $61.82 billion, a price-to-earnings ratio of 28.64, a PEG ratio of 2.17 and a beta of 1.26. The business's fifty day moving average is $174.33 and its two-hundred day moving average is $152.21.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th were paid a dividend of $0.225 per share. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend was Wednesday, June 18th. Vistra's dividend payout ratio is presently 14.15%.

Insider Buying and Selling at Vistra

In other news, EVP Stephanie Zapata Moore sold 35,000 shares of the stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $161.44, for a total transaction of $5,650,400.00. Following the sale, the executive vice president directly owned 88,073 shares of the company's stock, valued at $14,218,505.12. This represents a 28.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Carrie Lee Kirby sold 108,000 shares of the stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $156.98, for a total transaction of $16,953,840.00. Following the sale, the executive vice president directly owned 218,239 shares in the company, valued at approximately $34,259,158.22. The trade was a 33.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 294,000 shares of company stock worth $47,461,490. 1.42% of the stock is currently owned by company insiders.

Analyst Ratings Changes

VST has been the topic of a number of recent analyst reports. Raymond James Financial initiated coverage on Vistra in a research report on Friday, June 13th. They set a "strong-buy" rating and a $216.00 price target on the stock. 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 report on Friday, May 23rd. 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 target on Vistra and gave the stock an "outperform" rating in a research report on Thursday, May 15th. Finally, UBS Group upped their price target on Vistra from $160.00 to $207.00 and gave the stock a "buy" rating in a research report on Tuesday, June 17th. Three analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $176.92.

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.