Boothbay Fund Management LLC Purchases 3,307 Shares of Vistra Corp. (NYSE:VST)

Boothbay Fund Management LLC boosted its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 36.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,363 shares of the company's stock after purchasing an additional 3,307 shares during the quarter. Boothbay Fund Management LLC's holdings in Vistra were worth $1,704,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in VST. Avior Wealth Management LLC increased its position in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after acquiring an additional 65 shares during the period. Pathway Financial Advisers LLC increased its holdings in shares of Vistra by 616.0% during the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 154 shares during the period. Founders Capital Management bought a new stake in shares of Vistra during the fourth quarter valued at about $28,000. West Branch Capital LLC acquired a new stake in Vistra in the fourth quarter worth about $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in Vistra in the 4th quarter valued at about $28,000. 90.88% of the stock is currently owned by institutional investors.

Vistra Stock Performance

VST traded up $7.65 on Thursday, hitting $137.28. The company had a trading volume of 10,580,500 shares, compared to its average volume of 7,910,997. The stock has a market cap of $46.70 billion, a price-to-earnings ratio of 25.61, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The company's fifty day moving average price is $120.88 and its 200 day moving average price is $140.76. Vistra Corp. has a 1-year low of $66.50 and a 1-year high of $199.84.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 0.66%. Vistra's dividend payout ratio is currently 12.62%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Daiwa America upgraded shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. The Goldman Sachs Group began coverage on shares of Vistra in a research report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price target on the stock. BMO Capital Markets raised their price objective on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 22nd. UBS Group cut their target price on Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Finally, 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 report on Friday, March 28th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $166.17.

Insider Buying and Selling

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

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.