Vistra Corp. (NYSE:VST) Holdings Lowered by First Trust Advisors LP

First Trust Advisors LP cut its stake in Vistra Corp. (NYSE:VST - Free Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 404,517 shares of the company's stock after selling 8,827 shares during the period. First Trust Advisors LP owned approximately 0.12% of Vistra worth $55,771,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Peregrine Asset Advisers Inc. grew its stake in Vistra by 3.2% during the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock worth $285,000 after buying an additional 64 shares during the period. Avior Wealth Management LLC increased its holdings in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after purchasing an additional 65 shares in the last quarter. Galvin Gaustad & Stein LLC raised its position in Vistra by 3.6% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock valued at $286,000 after purchasing an additional 73 shares during the period. Csenge Advisory Group boosted its position in shares of Vistra by 1.7% in the fourth quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock worth $703,000 after buying an additional 83 shares during the period. Finally, New Century Financial Group LLC raised its holdings in shares of Vistra by 3.5% during the 4th quarter. New Century Financial Group LLC now owns 2,760 shares of the company's stock valued at $381,000 after buying an additional 94 shares during the period. Institutional investors and hedge funds own 90.88% of the company's stock.

Insider Buying and Selling

In related news, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction dated 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 sale, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John William Pitesa bought 1,500 shares of the firm's stock in a transaction on Wednesday, March 12th. The stock was purchased at an average price of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now owns 3,467 shares in the company, valued at $439,442.25. The trade was a 76.26 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.42% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. UBS Group reduced their target price on shares of Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and decreased their price objective for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Daiwa America raised Vistra to a "hold" rating in a research report on Wednesday, March 5th. BMO Capital Markets increased their price target on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. Finally, Daiwa Capital Markets initiated coverage on Vistra in a research report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price on the stock. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $166.17.

Vistra Stock Performance

Shares of NYSE:VST traded up $2.47 during trading on Friday, reaching $126.70. 4,319,798 shares of the company's stock traded hands, compared to its average volume of 7,915,291. The stock has a market capitalization of $43.10 billion, a P/E ratio of 23.64, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84. The company has a 50 day moving average of $122.87 and a 200-day moving average of $140.86. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were given a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.71%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. Vistra's dividend payout ratio is presently 12.62%.

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.