Vistra Corp. (NYSE:VST) Shares Sold by Advisory Services Network LLC

Advisory Services Network LLC cut its stake in Vistra Corp. (NYSE:VST - Free Report) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,233 shares of the company's stock after selling 2,650 shares during the period. Advisory Services Network LLC's holdings in Vistra were worth $6,374,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in VST. Lionsbridge Wealth Management LLC bought a new position in shares of Vistra during the fourth quarter worth about $277,000. Dakota Wealth Management acquired a new stake in Vistra during the fourth quarter valued at approximately $231,000. Retirement Systems of Alabama grew its position in shares of Vistra by 9.6% in the 3rd quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock worth $9,361,000 after acquiring an additional 6,920 shares in the last quarter. First Sabrepoint Capital Management LP acquired a new position in shares of Vistra in the 3rd quarter worth approximately $17,781,000. Finally, Legal Advantage Investments Inc. bought a new stake in shares of Vistra in the 4th quarter valued at approximately $565,000. 90.88% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director John William Pitesa acquired 1,500 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the purchase, the director now directly owns 3,467 shares of the company's stock, valued at $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the company's stock in a transaction that occurred on 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 trade represents a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.42% of the company's stock.

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Vistra Stock Performance

VST traded up $2.46 during trading hours on Friday, hitting $111.72. The company's stock had a trading volume of 5,250,949 shares, compared to its average volume of 7,905,322. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. Vistra Corp. has a fifty-two week low of $64.26 and a fifty-two week high of $199.84. The company has a 50-day simple moving average of $133.17 and a 200 day simple moving average of $141.54. The firm has a market capitalization of $38.00 billion, a PE ratio of 20.84, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were paid a dividend of $0.2235 per share. This is a boost from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date was Thursday, March 20th. Vistra's payout ratio is currently 12.62%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. UBS Group decreased their price objective on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a report on Friday. Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and decreased their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. JPMorgan Chase & Co. dropped 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. Daiwa America raised shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Finally, Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price for the company. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $159.69.

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.