Vistra Corp. (NYSE:VST) Shares Sold by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC decreased its holdings in Vistra Corp. (NYSE:VST - Free Report) by 25.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 372,013 shares of the company's stock after selling 123,829 shares during the period. Wedge Capital Management L L P NC owned 0.10% of Vistra worth $14,330,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. FinTrust Capital Advisors LLC purchased a new stake in Vistra during the 3rd quarter valued at approximately $26,000. Blue Trust Inc. grew its stake 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 acquiring an additional 442 shares in the last quarter. Fifth Third Bancorp bought a new stake in Vistra in the 3rd quarter valued at $29,000. Lindbrook Capital LLC lifted its stake in Vistra by 64.4% in the 4th quarter. Lindbrook Capital LLC now owns 840 shares of the company's stock worth $32,000 after purchasing an additional 329 shares in the last quarter. Finally, Rise Advisors LLC bought a new position in shares of Vistra during the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Insiders Place Their Bets

In related news, EVP Carrie Lee Kirby sold 72,748 shares of Vistra stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $62.63, for a total transaction of $4,556,207.24. Following the completion of the sale, the executive vice president now owns 184,201 shares in the company, valued at approximately $11,536,508.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, EVP Scott A. Hudson sold 86,517 shares of the stock in a transaction 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 transaction, the executive vice president now owns 254,932 shares of the company's stock, valued at approximately $15,069,030.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Carrie Lee Kirby sold 72,748 shares of Vistra stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $62.63, for a total value of $4,556,207.24. Following the completion of the sale, the executive vice president now owns 184,201 shares of the company's stock, valued at $11,536,508.63. The disclosure for this sale can be found here. Insiders have sold a total of 257,285 shares of company stock worth $15,404,397 over the last quarter. Company insiders own 1.42% of the company's stock.

Vistra Trading Up 2.6 %

Shares of Vistra stock traded up $1.73 during trading on Tuesday, hitting $68.45. The stock had a trading volume of 4,164,577 shares, compared to its average volume of 5,068,974. The stock has a market cap of $23.81 billion, a PE ratio of 19.12 and a beta of 1.05. Vistra Corp. has a 12 month low of $22.67 and a 12 month high of $75.89. The firm's fifty day simple moving average is $61.54 and its 200-day simple moving average is $45.55. The company has a debt-to-equity ratio of 4.26, a current ratio of 1.18 and a quick ratio of 1.11.

Vistra (NYSE:VST - Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($1.02). The firm had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $5.48 billion. Vistra had a return on equity of 20.05% and a net margin of 10.10%. As a group, sell-side analysts expect that Vistra Corp. will post 3.61 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Wednesday, March 20th were given a $0.215 dividend. This represents a $0.86 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Tuesday, March 19th. This is an increase from Vistra's previous quarterly dividend of $0.21. Vistra's dividend payout ratio is 24.02%.

Analysts Set New Price Targets

A number of equities analysts recently commented on VST shares. BMO Capital Markets increased their price target on Vistra from $52.00 to $60.00 and gave the company an "outperform" rating in a research note on Monday, March 4th. Morgan Stanley reissued an "overweight" rating and issued a $78.00 target price on shares of Vistra in a report on Monday, March 25th. Janney Montgomery Scott started coverage on shares of Vistra in a research note on Thursday, April 18th. They set a "buy" rating and a $82.00 price target on the stock. Finally, Evercore ISI lifted their price objective on shares of Vistra from $72.00 to $79.00 and gave the stock an "outperform" rating in a research note on Thursday, April 4th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $67.20.

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.