Vistra Corp. (NYSE:VST) Shares Sold by AlphaStar Capital Management LLC

AlphaStar Capital Management LLC cut its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 30.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,153 shares of the company's stock after selling 9,554 shares during the period. AlphaStar Capital Management LLC's holdings in Vistra were worth $853,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Lindbrook Capital LLC lifted its position in shares of Vistra by 64.4% during the 4th quarter. Lindbrook Capital LLC now owns 840 shares of the company's stock valued at $32,000 after buying an additional 329 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in Vistra by 2.3% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 17,214 shares of the company's stock valued at $662,000 after purchasing an additional 384 shares in the last quarter. Advisors Asset Management Inc. boosted its position in shares of Vistra by 3.8% in the third quarter. Advisors Asset Management Inc. now owns 11,090 shares of the company's stock worth $368,000 after purchasing an additional 405 shares during the period. Blue Trust Inc. increased its stake in shares of Vistra by 160.7% in the fourth quarter. Blue Trust Inc. now owns 717 shares of the company's stock worth $28,000 after purchasing an additional 442 shares in the last quarter. Finally, Fifth Third Bancorp raised its position in shares of Vistra by 52.1% during the 4th quarter. Fifth Third Bancorp now owns 1,346 shares of the company's stock valued at $52,000 after purchasing an additional 461 shares during the period. 90.88% of the stock is currently owned by institutional investors.

Vistra Price Performance

Shares of NYSE VST traded up $0.25 during midday trading on Friday, reaching $93.42. 7,428,015 shares of the stock traded hands, compared to its average volume of 10,394,543. The company's 50 day moving average is $70.38 and its 200 day moving average is $50.25. Vistra Corp. has a one year low of $23.53 and a one year high of $96.07. The stock has a market capitalization of $32.50 billion, a PE ratio of 57.31 and a beta of 1.02. 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 released its quarterly earnings data on Wednesday, February 28th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of $0.54 by ($1.02). Vistra had a net margin of 5.66% and a return on equity of 24.24%. The business had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $5.48 billion. On average, equities research analysts anticipate that Vistra Corp. will post 3.61 earnings per share for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Wednesday, June 19th will be paid a dividend of $0.218 per share. This is a boost from Vistra's previous quarterly dividend of $0.22. This represents a $0.87 annualized dividend and a yield of 0.93%. The ex-dividend date of this dividend is Tuesday, June 18th. Vistra's payout ratio is presently 52.76%.

Insider Buying and Selling at Vistra

In other news, EVP Carrie Lee Kirby sold 72,748 shares of Vistra stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total value of $4,556,207.24. Following the completion of the transaction, 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 SEC, which is available through the SEC website. In other news, EVP Carrie Lee Kirby sold 72,748 shares of the firm's 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 in the company, valued at approximately $11,536,508.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Scott A. Hudson sold 86,517 shares of Vistra stock in a transaction dated 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 directly owns 254,932 shares of the company's stock, valued at $15,069,030.52. 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 ninety days. Company insiders own 1.42% of the company's stock.

Wall Street Analyst Weigh In

VST has been the subject of a number of analyst reports. Evercore ISI increased their price target on Vistra from $72.00 to $79.00 and gave the stock an "outperform" rating in a research note on Thursday, April 4th. UBS Group lifted their target price on Vistra from $85.00 to $110.00 and gave the company a "buy" rating in a research note on Thursday. BMO Capital Markets upped their price target on Vistra from $79.00 to $109.00 and gave the stock an "outperform" rating in a research note on Friday. Janney Montgomery Scott initiated coverage on shares of Vistra in a report on Thursday, April 18th. They set a "buy" rating and a $82.00 price objective for the company. Finally, Morgan Stanley reissued an "overweight" rating and issued a $78.00 target price on shares of Vistra in a report on Monday, March 25th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Vistra currently has a consensus rating of "Buy" and a consensus target price of $82.50.

Vistra Company 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.