Vistra Corp. (NYSE:VST) Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC grew its position in Vistra Corp. (NYSE:VST - Free Report) by 6.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 136,330 shares of the company's stock after buying an additional 7,772 shares during the quarter. Corient Private Wealth LLC's holdings in Vistra were worth $18,796,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VST. Avior Wealth Management LLC increased its holdings in Vistra by 56.5% during 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 in the last quarter. Pathway Financial Advisers LLC grew its position in shares of 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. Founders Capital Management purchased a new position in shares of Vistra during the 4th quarter worth approximately $28,000. West Branch Capital LLC acquired a new position in shares of Vistra during the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in Vistra in the 4th quarter valued at approximately $28,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Evercore ISI began coverage on Vistra in a research report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price target for the company. 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. BMO Capital Markets upped their target price on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. Morgan Stanley lifted their price target on shares of Vistra from $135.00 to $169.00 and gave the stock an "overweight" rating in a report on Friday, November 22nd. Finally, Daiwa Capital Markets initiated coverage on shares of Vistra in a research report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price objective for the company. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $162.83.

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Vistra Trading Down 0.9 %

Shares of VST stock traded down $1.15 on Friday, reaching $130.75. 7,472,453 shares of the stock were exchanged, compared to its average volume of 7,498,097. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The stock has a market cap of $44.47 billion, a P/E ratio of 24.39, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The firm has a 50 day moving average of $151.74 and a two-hundred day moving average of $138.21. Vistra Corp. has a 1-year low of $64.26 and a 1-year high of $199.84.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.2235 per share. The ex-dividend date is Thursday, March 20th. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.68%. Vistra's dividend payout ratio is currently 12.62%.

Insider Transactions at Vistra

In other Vistra news, Director John William Pitesa bought 1,500 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, with a total value of $190,125.00. Following the purchase, the director now owns 3,467 shares in the company, valued at approximately $439,442.25. The trade was a 76.26 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Paul M. Barbas sold 24,136 shares of the company'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 sale, the director now directly owns 51,063 shares of the company's stock, valued at approximately $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. Company 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.