World Investment Advisors Has $882,000 Position in Vistra Corp. (NYSE:VST)

World Investment Advisors increased its position in Vistra Corp. (NYSE:VST - Free Report) by 103.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,508 shares of the company's stock after buying an additional 3,813 shares during the period. World Investment Advisors' holdings in Vistra were worth $882,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of Vistra by 710.9% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,811 shares of the company's stock worth $448,000 after buying an additional 3,341 shares during the last quarter. IFM Investors Pty Ltd grew its position in 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 acquiring an additional 8,343 shares in the last quarter. GF Fund Management CO. LTD. lifted 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 worth $4,529,000 after purchasing an additional 38,446 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in Vistra by 75.1% in the first quarter. OneDigital Investment Advisors LLC now owns 5,156 shares of the company's stock worth $606,000 after purchasing an additional 2,212 shares during the last quarter. Finally, Calamos Wealth Management LLC raised its stake in shares of Vistra by 55.0% during the first quarter. Calamos Wealth Management LLC now owns 5,182 shares of the company's stock valued at $609,000 after acquiring an additional 1,839 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on VST. Morgan Stanley increased their price target on shares of 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. lowered their price objective on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Raymond James Financial started coverage on Vistra in a research note on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 price objective for the company. Evercore ISI set a $192.00 price objective on shares of Vistra and gave the company an "outperform" rating in a report on Thursday, May 15th. Finally, UBS Group increased their price target on shares of Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a report on Tuesday, June 17th. Three analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $176.92.

Vistra Stock Performance

Shares of VST stock opened at $190.50 on Wednesday. The firm has a market cap of $64.64 billion, a price-to-earnings ratio of 29.95, a PEG ratio of 2.28 and a beta of 1.26. The company's 50 day moving average is $166.92 and its 200 day moving average is $149.86. The company has a quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 6.53. Vistra Corp. has a 52-week low of $66.50 and a 52-week high of $199.84.

Vistra Increases Dividend

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

Insider Buying and Selling

In other Vistra news, EVP Carrie Lee Kirby sold 108,000 shares of the firm'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 sale, the executive vice president directly owned 218,239 shares in the company, valued at $34,259,158.22. This trade represents a 33.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $157.00, for a total transaction of $8,792,000.00. Following the completion of the sale, the executive vice president owned 306,600 shares of the company's stock, valued at approximately $48,136,200. This trade represents a 15.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 294,000 shares of company stock valued at $47,461,490 over the last quarter. 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.

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