Stifel Financial Corp Has $10.81 Million Holdings in Vistra Corp. (NYSE:VST)

Stifel Financial Corp increased its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 13.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,390 shares of the company's stock after buying an additional 9,337 shares during the quarter. Stifel Financial Corp's holdings in Vistra were worth $10,809,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in VST. Lionsbridge Wealth Management LLC purchased a new position in Vistra in the fourth quarter valued at about $277,000. Dakota Wealth Management acquired a new position in Vistra in the fourth quarter worth approximately $231,000. Retirement Systems of Alabama raised its position in Vistra by 9.6% during the third quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock valued at $9,361,000 after acquiring an additional 6,920 shares in the last quarter. Legal Advantage Investments Inc. acquired a new stake in Vistra in the fourth quarter valued at approximately $565,000. Finally, Viking Fund Management LLC grew its position in Vistra by 90.0% in the fourth quarter. Viking Fund Management LLC now owns 19,000 shares of the company's stock worth $2,620,000 after acquiring an additional 9,000 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Stock Performance

Shares of NYSE:VST traded up $0.36 on Wednesday, hitting $129.69. 5,016,445 shares of the company were exchanged, compared to its average volume of 7,885,728. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The company's 50 day moving average price is $121.40 and its two-hundred day moving average price is $140.81. Vistra Corp. has a one year low of $66.50 and a one year high of $199.84. The firm has a market capitalization of $44.11 billion, a price-to-earnings ratio of 24.20, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were issued a $0.2235 dividend. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.69%. Vistra's dividend payout ratio is 12.62%.

Insider Transactions at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the transaction, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John William Pitesa acquired 1,500 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were purchased at an average cost of $126.75 per share, with a total value of $190,125.00. Following the acquisition, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

VST has been the subject of several analyst reports. UBS Group reduced their price objective on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research note on Friday, April 11th. Evercore ISI began coverage on Vistra in a research report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price target for the company. Daiwa America upgraded Vistra to a "hold" rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. cut their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Finally, Bank of America raised Vistra from a "neutral" rating to a "buy" rating and decreased their target price for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $166.17.

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.