Callan Family Office LLC Increases Position in Vistra Corp. (NYSE:VST)

Callan Family Office LLC increased its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 215.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,776 shares of the company's stock after purchasing an additional 23,084 shares during the quarter. Callan Family Office LLC's holdings in Vistra were worth $4,657,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Avior Wealth Management LLC grew its position in shares of Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after purchasing an additional 65 shares in the last quarter. Pathway Financial Advisers LLC grew its holdings in Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after buying an additional 154 shares in the last quarter. Founders Capital Management purchased a new position in Vistra during the 4th quarter valued at approximately $28,000. West Branch Capital LLC purchased a new position in Vistra during the 4th quarter valued at approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in Vistra during the 4th quarter valued at approximately $28,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Trading Down 0.4 %

Shares of VST stock traded down $0.45 on Friday, reaching $113.96. 9,790,691 shares of the company's stock were exchanged, compared to its average volume of 9,662,566. Vistra Corp. has a 52 week low of $57.50 and a 52 week high of $199.84. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The stock has a market capitalization of $38.63 billion, a PE ratio of 21.26, a P/E/G ratio of 1.12 and a beta of 1.21. The company's fifty day simple moving average is $158.02 and its 200 day simple moving average is $136.25.

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Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be paid a dividend of $0.2235 per share. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, March 20th. Vistra's dividend payout ratio (DPR) is currently 12.62%.

Analysts Set New Price Targets

Several equities analysts have weighed in on VST shares. Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price target for the company. BMO Capital Markets raised their price target on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. UBS Group raised their price target on Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a report on Friday, January 3rd. Daiwa America upgraded Vistra to a "hold" rating in a report on Wednesday. Finally, Daiwa Capital Markets started coverage on Vistra in a report on Wednesday. They issued a "neutral" rating and a $120.00 target price for the company. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $162.83.

Insider Buying and Selling

In other Vistra news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the completion of the sale, the director now directly owns 343,350 shares of the company's stock, valued at $47,990,029.50. The trade was a 5.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.42% of the stock is owned by corporate insiders.

Vistra Company 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.