Mutual of America Capital Management LLC Sells 16,791 Shares of Vistra Corp. (NYSE:VST)

Mutual of America Capital Management LLC lowered its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 7.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 207,815 shares of the company's stock after selling 16,791 shares during the quarter. Mutual of America Capital Management LLC owned 0.06% of Vistra worth $8,005,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its position in Vistra by 160.7% in the 4th quarter. Blue Trust Inc. now owns 717 shares of the company's stock worth $28,000 after purchasing an additional 442 shares during the period. FinTrust Capital Advisors LLC purchased a new position in Vistra in the 3rd quarter worth $26,000. Fifth Third Bancorp purchased a new position in Vistra in the 3rd quarter worth $29,000. Rise Advisors LLC purchased a new position in Vistra in the 4th quarter worth $35,000. Finally, Quarry LP purchased a new position in Vistra in the 2nd quarter worth $29,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Trading Down 3.2 %

Shares of VST traded down $2.27 during trading hours on Friday, reaching $69.73. 4,248,710 shares of the company traded hands, compared to its average volume of 5,010,363. The company's fifty day moving average price is $58.67 and its two-hundred day moving average price is $43.93. The company has a market capitalization of $24.26 billion, a price-to-earnings ratio of 19.48 and a beta of 1.05. The company has a quick ratio of 1.11, a current ratio of 1.18 and a debt-to-equity ratio of 4.26. Vistra Corp. has a 12 month low of $22.67 and a 12 month high of $75.89.

Vistra (NYSE:VST - Get Free Report) last announced its 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). The company had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $5.48 billion. Vistra had a net margin of 10.10% and a return on equity of 20.05%. Equities research analysts predict that Vistra Corp. will post 4.28 earnings per share for the current fiscal year.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Wednesday, March 20th were paid a dividend of $0.215 per share. This is a positive change from Vistra's previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.23%. Vistra's payout ratio is presently 24.02%.

Wall Street Analyst Weigh In

VST has been the topic of a number of recent analyst reports. Evercore ISI raised their price target on shares of Vistra from $72.00 to $79.00 and gave the stock an "outperform" rating in a report on Thursday, April 4th. Morgan Stanley reissued an "overweight" rating and issued a $78.00 price target on shares of Vistra in a report on Monday, March 25th. Finally, BMO Capital Markets raised their price target on shares of Vistra from $52.00 to $60.00 and gave the stock an "outperform" rating in a report on Monday, March 4th. Four investment analysts have rated the stock with a buy rating, According to MarketBeat, Vistra presently has a consensus rating of "Buy" and a consensus price target of $63.50.

Insider Activity

In other news, EVP Stephanie Zapata Moore sold 98,020 shares of Vistra stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $58.50, for a total transaction 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Stephanie Zapata Moore sold 98,020 shares of the company's stock in a transaction that occurred 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 in the company, valued at approximately $9,470,448. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Scott A. Hudson sold 86,517 shares of the company's stock in a transaction that occurred on Tuesday, March 12th. The stock was 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 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 90 days, insiders have sold 257,285 shares of company stock valued at $15,404,397. Corporate insiders own 1.36% 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.