Hudson Portfolio Management LLC Sells 4,145 Shares of Vistra Corp. (NYSE:VST)

Hudson Portfolio Management LLC lessened its stake in Vistra Corp. (NYSE:VST - Free Report) by 42.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,670 shares of the company's stock after selling 4,145 shares during the quarter. Hudson Portfolio Management LLC's holdings in Vistra were worth $782,000 at the end of the most recent reporting period.

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

Vistra Stock Up 2.6 %

NYSE VST traded up $2.92 on Tuesday, reaching $115.61. 419,224 shares of the stock traded hands, compared to its average volume of 7,864,991. Vistra Corp. has a 12 month low of $64.26 and a 12 month high of $199.84. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The company has a fifty day moving average price of $132.00 and a 200-day moving average price of $141.50. The company has a market cap of $39.33 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 1.12 and a beta of 1.21.

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Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were paid a $0.2235 dividend. The ex-dividend date of this dividend was Thursday, March 20th. 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 yield of 0.77%. Vistra's dividend payout ratio is 12.62%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Daiwa Capital Markets initiated coverage on Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price objective on the stock. JPMorgan Chase & Co. decreased their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. UBS Group lowered their price target on Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research report on Friday. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and cut their price objective for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, Daiwa America upgraded shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $159.69.

Insiders Place Their Bets

In other news, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the transaction, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John William Pitesa acquired 1,500 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares of the company's stock, valued at $439,442.25. This trade represents a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.42% of the stock is owned by company insiders.

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.