Vistra Corp. (NYSE:VST) Shares Sold by Beverly Hills Private Wealth LLC

Beverly Hills Private Wealth LLC reduced its position in Vistra Corp. (NYSE:VST - Free Report) by 55.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,212 shares of the company's stock after selling 6,444 shares during the period. Beverly Hills Private Wealth LLC's holdings in Vistra were worth $719,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Peregrine Asset Advisers Inc. grew its stake in Vistra by 3.2% during the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock worth $285,000 after buying an additional 64 shares during the period. Avior Wealth Management LLC raised its stake in shares of Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after purchasing an additional 65 shares during the period. Galvin Gaustad & Stein LLC lifted its position in shares of Vistra by 3.6% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock worth $286,000 after purchasing an additional 73 shares in the last quarter. Paloma Partners Management Co boosted its stake in shares of Vistra by 1.0% in the fourth quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock valued at $1,103,000 after purchasing an additional 81 shares during the period. Finally, Csenge Advisory Group grew its holdings in Vistra by 1.7% during the 4th quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock valued at $703,000 after purchasing an additional 83 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Trading Up 1.4 %

NYSE VST opened at $139.24 on Monday. The firm has a market capitalization of $47.36 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. Vistra Corp. has a one year low of $66.50 and a one year high of $199.84. The company has a 50-day simple moving average of $120.90 and a 200-day simple moving average of $140.97. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 0.65%. Vistra's dividend payout ratio is 12.77%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Daiwa America upgraded shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. BMO Capital Markets raised their price objective on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. The Goldman Sachs Group began coverage on Vistra in a research report on Friday, April 4th. They issued a "neutral" rating and a $134.00 target price on the stock. Daiwa Capital Markets initiated coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price target for the company. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $166.17.

Insider Transactions at Vistra

In related news, Director Paul M. Barbas sold 24,136 shares of the 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 sale, the director now owns 51,063 shares of the company's stock, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John William Pitesa bought 1,500 shares of Vistra stock in a transaction on 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 completion of the purchase, the director now directly owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26 % increase in their ownership of the stock. The disclosure for this purchase 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.

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