Jefferies Financial Group Inc. Has $690,000 Position in Vistra Corp. (NYSE:VST)

Jefferies Financial Group Inc. trimmed its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 91.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,005 shares of the company's stock after selling 53,288 shares during the quarter. Jefferies Financial Group Inc.'s holdings in Vistra were worth $690,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Avior Wealth Management LLC boosted its stake in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after purchasing an additional 65 shares during the period. Pathway Financial Advisers LLC boosted its position in shares of Vistra by 616.0% during the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock worth $25,000 after buying an additional 154 shares during the period. West Branch Capital LLC bought a new position in shares of Vistra during the fourth quarter worth about $28,000. Comprehensive Financial Planning Inc. PA acquired a new stake in Vistra in the 4th quarter valued at approximately $28,000. Finally, Tucker Asset Management LLC acquired a new stake in Vistra in the 4th quarter valued at approximately $28,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Price Performance

Shares of Vistra stock traded up $0.71 during midday trading on Monday, hitting $157.33. 5,134,844 shares of the company traded hands, compared to its average volume of 7,560,262. The firm's fifty day moving average price is $125.42 and its 200-day moving average price is $142.37. The stock has a market cap of $53.39 billion, a price-to-earnings ratio of 29.35, a PEG ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84. 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 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 issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date is Wednesday, June 18th. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is presently 14.15%.

Insider Buying and Selling at Vistra

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

Analyst Upgrades and Downgrades

VST has been the topic of a number of recent research reports. 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 report on Friday, March 28th. UBS Group boosted their price target on shares of Vistra from $154.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Daiwa America upgraded Vistra to a "hold" rating in a report on Wednesday, March 5th. BMO Capital Markets raised their price target on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. Finally, Evercore ISI set a $192.00 target price on shares of Vistra and gave the company an "outperform" rating in a research note on Thursday. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $165.83.

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.