CreativeOne Wealth LLC Boosts Position in Vistra Corp. (NYSE:VST)

CreativeOne Wealth LLC raised its position in Vistra Corp. (NYSE:VST - Free Report) by 144.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,531 shares of the company's stock after acquiring an additional 5,042 shares during the quarter. CreativeOne Wealth LLC's holdings in Vistra were worth $1,176,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Lionsbridge Wealth Management LLC acquired a new position in shares of Vistra in the fourth quarter valued at $277,000. Dakota Wealth Management acquired a new stake in shares of Vistra during the 4th quarter worth $231,000. Retirement Systems of Alabama increased its holdings in Vistra by 9.6% in the 3rd quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock valued at $9,361,000 after buying an additional 6,920 shares during the period. Legal Advantage Investments Inc. acquired a new position in Vistra during the fourth quarter valued at approximately $565,000. Finally, Viking Fund Management LLC lifted its position in shares of Vistra by 90.0% during the 4th quarter. Viking Fund Management LLC now owns 19,000 shares of the company's stock worth $2,620,000 after buying an additional 9,000 shares during the last quarter. Institutional investors own 90.88% of the company's stock.

Vistra Stock Down 0.5 %

VST stock traded down $0.61 during midday trading on Friday, hitting $115.26. The company's stock had a trading volume of 4,836,332 shares, compared to its average volume of 7,892,271. The company has a market cap of $39.21 billion, a PE ratio of 21.50, a P/E/G ratio of 1.12 and a beta of 1.21. The firm's 50-day moving average is $127.80 and its 200-day moving average is $141.08. Vistra Corp. has a 12 month low of $64.26 and a 12 month 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.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were issued a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend was Thursday, March 20th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is presently 12.62%.

Analysts Set New Price Targets

A number of research firms recently issued reports on VST. UBS Group lowered their price objective on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Evercore ISI began coverage on Vistra in a research note on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective on the stock. The Goldman Sachs Group initiated coverage on Vistra in a research note on Friday, April 4th. They issued a "neutral" rating and a $134.00 price objective on the stock. 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 research note on Tuesday, March 4th. Finally, BMO Capital Markets upped their target price on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 22nd. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, Vistra currently has a consensus rating of "Moderate Buy" and an average target price of $166.17.

Insider Transactions at Vistra

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was purchased at an average price 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 approximately $439,442.25. The trade was a 76.26 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of Vistra 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 directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their position. 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.