Vistra Corp. (NYSE:VST) EVP Stephanie Zapata Moore Sells 35,000 Shares

Vistra Corp. (NYSE:VST - Get Free Report) EVP Stephanie Zapata Moore sold 35,000 shares of Vistra stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total value of $5,650,400.00. Following the completion of the transaction, the executive vice president now owns 88,073 shares in the company, valued at $14,218,505.12. The trade was a 28.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Vistra Stock Up 4.3%

Shares of NYSE VST traded up $6.91 during mid-day trading on Monday, reaching $167.48. The company had a trading volume of 5,610,239 shares, compared to its average volume of 7,467,168. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $199.84. The stock's 50 day moving average is $132.48 and its 200-day moving average is $144.33. The stock has a market capitalization of $56.83 billion, a PE ratio of 31.25, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be paid a $0.225 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a yield of 0.54%. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's payout ratio is 14.15%.

Institutional Investors Weigh In On Vistra

A number of hedge funds and other institutional investors have recently made changes to their positions in VST. Norges Bank bought a new stake in shares of Vistra in the 4th quarter valued at approximately $409,087,000. Massachusetts Financial Services Co. MA raised its position in Vistra by 63.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company's stock valued at $863,116,000 after acquiring an additional 2,433,732 shares in the last quarter. Capital International Investors acquired a new stake in Vistra in the fourth quarter valued at approximately $286,414,000. Nuveen LLC bought a new stake in Vistra in the first quarter worth approximately $209,149,000. Finally, Raymond James Financial Inc. bought a new stake in Vistra in the fourth quarter worth approximately $237,441,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VST has been the topic of several analyst reports. The Goldman Sachs Group lifted their target price on shares of 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. decreased their price objective on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Daiwa America upgraded shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. Evercore ISI set a $192.00 target price on Vistra and gave the company an "outperform" rating in a report on Thursday, May 15th. 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 for the company. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $169.08.

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.