Vaughan Nelson Investment Management L.P. Has $36.15 Million Stake in Vistra Corp. (NYSE:VST)

Vaughan Nelson Investment Management L.P. lowered its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 18.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 938,553 shares of the company's stock after selling 218,995 shares during the period. Vaughan Nelson Investment Management L.P. owned 0.26% of Vistra worth $36,154,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. DekaBank Deutsche Girozentrale increased its stake in shares of Vistra by 2.3% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 17,214 shares of the company's stock worth $662,000 after purchasing an additional 384 shares during the period. Advisors Preferred LLC bought a new position in shares of Vistra during the fourth quarter worth approximately $3,546,000. Moody Lynn & Lieberson LLC bought a new position in shares of Vistra during the fourth quarter worth approximately $3,263,000. International Assets Investment Management LLC increased its stake in shares of Vistra by 32,652.4% during the fourth quarter. International Assets Investment Management LLC now owns 61,247 shares of the company's stock worth $2,359,000 after purchasing an additional 61,060 shares during the period. Finally, DAVENPORT & Co LLC increased its stake in shares of Vistra by 12.0% during the fourth quarter. DAVENPORT & Co LLC now owns 8,400 shares of the company's stock worth $324,000 after purchasing an additional 900 shares during the period. Institutional investors own 90.88% of the company's stock.

Vistra Price Performance

Vistra stock traded up $4.79 during mid-day trading on Friday, reaching $75.33. 6,004,057 shares of the company were exchanged, compared to its average volume of 6,178,483. The company has a fifty day simple moving average of $55.76 and a 200-day simple moving average of $42.75. Vistra Corp. has a 12 month low of $22.67 and a 12 month high of $75.89. 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 firm has a market cap of $26.21 billion, a PE ratio of 21.04, a PEG ratio of 1.01 and a beta of 1.05.

Vistra (NYSE:VST - Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The company reported ($0.48) EPS for the quarter, missing analysts' consensus estimates of $0.54 by ($1.02). Vistra had a return on equity of 20.05% and a net margin of 10.10%. The company had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $5.48 billion. As a group, equities 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 announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Wednesday, March 20th were issued a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date was Tuesday, March 19th. This is an increase from Vistra's previous quarterly dividend of $0.21. Vistra's dividend payout ratio (DPR) is currently 24.02%.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 98,020 shares of the firm'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 sale, the executive vice president now owns 161,888 shares of the company's stock, valued at approximately $9,470,448. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other Vistra news, EVP Stephanie Zapata Moore sold 98,020 shares of the firm'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 sale, the executive vice president now owns 161,888 shares of the company's stock, valued at approximately $9,470,448. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Scott A. Hudson sold 86,517 shares of the firm's stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $59.11, for a total value of $5,114,019.87. Following the completion of the sale, the executive vice president now directly owns 254,932 shares in the company, valued at approximately $15,069,030.52. The disclosure for this sale can be found here. In the last quarter, insiders have sold 257,285 shares of company stock valued at $15,404,397. 1.36% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Evercore ISI increased their target price on Vistra from $72.00 to $79.00 and gave the stock an "outperform" rating in a research note on Thursday. BMO Capital Markets increased their target price on Vistra from $52.00 to $60.00 and gave the stock an "outperform" rating in a research note on Monday, March 4th. Finally, Morgan Stanley restated an "overweight" rating and set a $78.00 price objective on shares of Vistra in a research note on Monday, March 25th. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $63.50.

Vistra 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.