Vistra Corp. (NYSE:VST) Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 10.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,282 shares of the company's stock after acquiring an additional 2,147 shares during the quarter. Advisors Asset Management Inc.'s holdings in Vistra were worth $3,210,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Pathway Financial Advisers LLC grew its holdings in Vistra by 616.0% in 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 last quarter. Avior Wealth Management LLC boosted its position in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after buying an additional 65 shares in the last quarter. Founders Capital Management purchased a new stake in shares of Vistra in the 4th quarter worth about $28,000. West Branch Capital LLC acquired a new stake in Vistra in the 4th quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in Vistra during the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on VST. UBS Group increased their price target on shares of Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research report on Friday, January 3rd. Evercore ISI initiated coverage on Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price on the stock. Daiwa America raised Vistra to a "hold" rating in a report on Wednesday, March 5th. BMO Capital Markets increased 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. Finally, Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and dropped their price objective for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $162.83.

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Insider Activity at Vistra

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

Vistra Trading Down 5.8 %

Shares of VST traded down $7.71 during trading hours on Wednesday, hitting $124.11. The stock had a trading volume of 6,703,217 shares, compared to its average volume of 7,499,291. Vistra Corp. has a 12-month low of $64.26 and a 12-month high of $199.84. The firm has a market cap of $42.22 billion, a P/E ratio of 23.15, a P/E/G ratio of 1.12 and a beta of 1.21. 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 fifty day simple moving average is $150.42 and its 200 day simple moving average is $139.90.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be issued a dividend of $0.2235 per share. The ex-dividend date is Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.72%. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's payout ratio is presently 12.62%.

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.