Decker Retirement Planning Inc. Purchases New Shares in Vistra Corp. (NYSE:VST)

Decker Retirement Planning Inc. bought a new stake in Vistra Corp. (NYSE:VST - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 23,910 shares of the company's stock, valued at approximately $3,296,000. Vistra makes up approximately 1.9% of Decker Retirement Planning Inc.'s holdings, making the stock its 21st biggest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in VST. Retireful LLC acquired a new position in Vistra during the fourth quarter valued at approximately $2,212,000. Steph & Co. raised its holdings in shares of Vistra by 8.5% during the 4th quarter. Steph & Co. now owns 1,727 shares of the company's stock worth $238,000 after buying an additional 135 shares in the last quarter. USA Financial Formulas acquired a new position in shares of Vistra during the 4th quarter worth $756,000. CHURCHILL MANAGEMENT Corp bought a new stake in shares of Vistra during the 4th quarter worth $10,867,000. Finally, Moseley Investment Management Inc. acquired a new stake in Vistra in the fourth quarter valued at about $248,000. Institutional investors own 90.88% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Jefferies Financial Group increased their target price on shares of Vistra from $99.00 to $137.00 and gave the stock a "buy" rating in a report on Tuesday, September 24th. Guggenheim increased their price objective on shares of Vistra from $133.00 to $177.00 and gave the company a "buy" rating in a research note on Tuesday, October 8th. UBS Group boosted their target price on shares of Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a research note on Friday, January 3rd. JPMorgan Chase & Co. initiated coverage on Vistra in a research note on Thursday, October 17th. They issued an "overweight" rating and a $178.00 price target for the company. Finally, BNP Paribas started coverage on Vistra in a research report on Monday, October 14th. They set an "outperform" rating and a $231.00 price objective on the stock. Ten investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Vistra presently has a consensus rating of "Buy" and a consensus price target of $151.50.

Insider Activity

In related news, EVP Stephen J. Muscato sold 207,100 shares of the business's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $161.34, for a total value of $33,413,514.00. Following the transaction, the executive vice president now owns 318,287 shares in the company, valued at $51,352,424.58. The trade was a 39.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Scott B. Helm sold 20,000 shares of the stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the sale, the director now owns 343,350 shares of the company's stock, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is currently owned by insiders.

Vistra Trading Down 2.2 %

Shares of NYSE VST traded down $3.77 during trading on Friday, reaching $170.24. The company had a trading volume of 6,979,448 shares, compared to its average volume of 7,157,329. Vistra Corp. has a 12 month low of $39.08 and a 12 month high of $178.40. 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 $57.92 billion, a P/E ratio of 31.80, a PEG ratio of 1.56 and a beta of 1.21. The company's fifty day moving average price is $151.31 and its 200-day moving average price is $116.21.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th were given a $0.221 dividend. The ex-dividend date was Friday, December 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.52%. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's payout ratio is 16.60%.

Vistra declared that its Board of Directors has initiated a stock buyback plan on Thursday, November 7th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

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.