Vistra Corp. (NYSE:VST) Shares Purchased by Independent Advisor Alliance

Independent Advisor Alliance boosted its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 14.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,470 shares of the company's stock after buying an additional 7,261 shares during the quarter. Independent Advisor Alliance's holdings in Vistra were worth $8,061,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Axxcess Wealth Management LLC acquired a new stake in Vistra in the 3rd quarter valued at approximately $742,000. Los Angeles Capital Management LLC raised its holdings in shares of Vistra by 29.9% in the 3rd quarter. Los Angeles Capital Management LLC now owns 249,951 shares of the company's stock valued at $29,629,000 after buying an additional 57,469 shares during the period. Ashton Thomas Securities LLC acquired a new position in Vistra during the 3rd quarter worth about $66,000. Apollon Wealth Management LLC purchased a new position in Vistra during the 3rd quarter valued at about $231,000. Finally, Entropy Technologies LP grew its position in Vistra by 18.6% in the 3rd quarter. Entropy Technologies LP now owns 40,578 shares of the company's stock valued at $4,810,000 after acquiring an additional 6,353 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Stock Down 2.2 %

Shares of NYSE VST traded down $2.74 during mid-day trading on Thursday, reaching $119.18. The company had a trading volume of 2,547,266 shares, compared to its average volume of 7,490,906. Vistra Corp. has a 52-week low of $59.93 and a 52-week high of $199.84. The stock has a market cap of $40.40 billion, a P/E ratio of 22.18, a PEG ratio of 1.12 and a beta of 1.21. 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 firm has a 50 day simple moving average of $156.60 and a two-hundred day simple moving average of $136.53.

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Vistra Increases Dividend

The company 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 represents a $0.89 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Thursday, March 20th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is currently 12.62%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on VST shares. Evercore ISI assumed coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective for the company. BMO Capital Markets boosted their price target on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 22nd. Morgan Stanley lifted their target price on Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a report on Friday, November 22nd. UBS Group upped their price target on Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a report on Friday, January 3rd. Finally, Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and cut their target price for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, Vistra has an average rating of "Moderate Buy" and an average target price of $162.83.

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.