Vistra Corp. (NYSE:VST - Get Free Report) Director John R. Sult sold 25,000 shares of the stock in a transaction on Friday, June 6th. The shares were sold at an average price of $171.67, for a total value of $4,291,750.00. Following the sale, the director now owns 75,946 shares of the company's stock, valued at approximately $13,037,649.82. This represents a 24.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Vistra Price Performance
Shares of NYSE:VST traded up $2.01 on Wednesday, hitting $166.66. The company had a trading volume of 4,026,691 shares, compared to its average volume of 7,359,963. The company has a market cap of $56.55 billion, a PE ratio of 31.09, a PEG ratio of 1.12 and a beta of 1.22. The business has a 50 day moving average of $140.15 and a 200 day moving average of $145.17. Vistra Corp. has a 52-week low of $66.50 and a 52-week high of $199.84. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.
Vistra Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be given a dividend of $0.225 per share. The ex-dividend date is Wednesday, June 18th. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a yield of 0.54%. Vistra's dividend payout ratio is 14.15%.
Institutional Trading of Vistra
A number of hedge funds have recently added to or reduced their stakes in the business. Peregrine Asset Advisers Inc. boosted its holdings in shares of Vistra by 3.2% in the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock valued at $285,000 after purchasing an additional 64 shares during the last quarter. Paloma Partners Management Co raised its stake in shares of Vistra by 1.0% in the 4th quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock valued at $1,103,000 after acquiring an additional 81 shares during the period. Csenge Advisory Group lifted its holdings in shares of Vistra by 1.7% during the 4th quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock valued at $703,000 after acquiring an additional 83 shares in the last quarter. Cordatus Wealth Management LLC lifted its holdings in shares of Vistra by 2.0% during the 1st quarter. Cordatus Wealth Management LLC now owns 4,198 shares of the company's stock valued at $493,000 after acquiring an additional 83 shares in the last quarter. Finally, Oak Grove Capital LLC boosted its position in Vistra by 0.5% during the 1st quarter. Oak Grove Capital LLC now owns 19,760 shares of the company's stock worth $2,321,000 after purchasing an additional 90 shares during the period. 90.88% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
VST has been the topic of a number of analyst reports. Evercore ISI set a $192.00 price objective on shares of Vistra and gave the stock an "outperform" rating in a research note on Thursday, May 15th. UBS Group boosted their price objective on Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Morgan Stanley restated an "overweight" rating and issued a $178.00 price target (up from $172.00) on shares of Vistra in a research note on Thursday, May 22nd. Daiwa America raised shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Finally, Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and dropped their price objective for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, Vistra currently has an average rating of "Moderate Buy" and an average price target of $169.08.
Read Our Latest Report on VST
About Vistra
(
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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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