Vistra (NYSE:VST) Stock Price Down 2.9%

Vistra Corp. (NYSE:VST - Get Free Report) shares were down 2.9% during mid-day trading on Monday . The company traded as low as $73.18 and last traded at $73.18. Approximately 864,302 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 4,881,225 shares. The stock had previously closed at $75.33.

Analyst Ratings Changes

VST has been the topic of several research reports. Evercore ISI increased their price target on shares of Vistra from $72.00 to $79.00 and gave the stock an "outperform" rating in a research report on Thursday. Morgan Stanley restated an "overweight" rating and set a $78.00 target price on shares of Vistra in a research report on Monday, March 25th. Finally, BMO Capital Markets raised their target price on shares of Vistra from $52.00 to $60.00 and gave the stock an "outperform" rating in a research report on Monday, March 4th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $63.50.

Vistra Price Performance

The company has a market capitalization of $25.89 billion, a price-to-earnings ratio of 20.79 and a beta of 1.05. The company has a debt-to-equity ratio of 4.26, a current ratio of 1.18 and a quick ratio of 1.11. The business has a fifty day moving average price of $56.43 and a 200 day moving average price of $43.04.

Vistra (NYSE:VST - Get Free Report) last released its quarterly earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by ($1.02). Vistra had a net margin of 10.10% and a return on equity of 20.05%. The company had revenue of $3.08 billion during the quarter, compared to analyst estimates of $5.48 billion. On average, research analysts expect that Vistra Corp. will post 4.28 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Wednesday, March 20th were given a $0.215 dividend. This is an increase from Vistra's previous quarterly dividend of $0.21. This represents a $0.86 annualized dividend and a yield of 1.16%. The ex-dividend date was Tuesday, March 19th. Vistra's payout ratio is currently 24.02%.

Insider Activity

In other Vistra news, EVP Stephanie Zapata Moore sold 98,020 shares of the business's stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total value of $5,734,170.00. Following the transaction, the executive vice president now owns 161,888 shares of the company's stock, valued at $9,470,448. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, EVP Scott A. Hudson sold 86,517 shares of the stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $59.11, for a total transaction of $5,114,019.87. Following the completion of the transaction, the executive vice president now directly owns 254,932 shares of the company's stock, valued at $15,069,030.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Stephanie Zapata Moore sold 98,020 shares of the firm's stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $58.50, for a total value of $5,734,170.00. Following the completion of the sale, the executive vice president now directly owns 161,888 shares of the company's stock, valued at $9,470,448. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 257,285 shares of company stock worth $15,404,397. Company insiders own 1.36% of the company's stock.

Institutional Investors Weigh In On Vistra

Several hedge funds have recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in Vistra by 17.4% during the 1st quarter. GAMMA Investing LLC now owns 2,108 shares of the company's stock worth $147,000 after purchasing an additional 312 shares in the last quarter. Lindbrook Capital LLC increased its holdings in shares of Vistra by 64.4% in the fourth quarter. Lindbrook Capital LLC now owns 840 shares of the company's stock worth $32,000 after purchasing an additional 329 shares during the period. DekaBank Deutsche Girozentrale increased its stake in Vistra by 2.3% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 17,214 shares of the company's stock valued at $662,000 after acquiring an additional 384 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Vistra by 3.8% in the third quarter. Advisors Asset Management Inc. now owns 11,090 shares of the company's stock valued at $368,000 after acquiring an additional 405 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in Vistra by 160.7% during the fourth quarter. Blue Trust Inc. now owns 717 shares of the company's stock valued at $28,000 after buying an additional 442 shares during the period. Institutional investors and hedge funds own 90.88% 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.