Vistra Corp. (NYSE:VST) Holdings Lifted by ING Groep NV

ING Groep NV boosted its position in Vistra Corp. (NYSE:VST - Free Report) by 3,496.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 73,654 shares of the company's stock after purchasing an additional 71,606 shares during the quarter. ING Groep NV's holdings in Vistra were worth $10,155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC raised its stake in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after purchasing an additional 65 shares during the last quarter. Galvin Gaustad & Stein LLC increased its stake in shares of Vistra by 3.6% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock valued at $286,000 after acquiring an additional 73 shares during the last quarter. Forum Financial Management LP increased its stake in shares of Vistra by 0.7% during the 3rd quarter. Forum Financial Management LP now owns 11,527 shares of the company's stock valued at $1,366,000 after acquiring an additional 80 shares during the last quarter. Umpqua Bank increased its stake in shares of Vistra by 2.2% during the 3rd quarter. Umpqua Bank now owns 3,780 shares of the company's stock valued at $448,000 after acquiring an additional 81 shares during the last quarter. Finally, OneDigital Investment Advisors LLC increased its stake in shares of Vistra by 3.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company's stock valued at $333,000 after acquiring an additional 81 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company's stock.

Insider Activity

In other news, EVP Scott A. Hudson sold 115,000 shares of the firm's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $164.16, for a total transaction of $18,878,400.00. Following the transaction, the executive vice president now directly owns 254,932 shares of the company's stock, valued at approximately $41,849,637.12. This trade represents a 31.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Scott B. Helm sold 20,000 shares of the firm's stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total value of $2,795,400.00. Following the transaction, the director now directly owns 343,350 shares in the company, valued at $47,990,029.50. This trade represents a 5.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.42% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. BMO Capital Markets upped their price objective on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. Morgan Stanley upped their price objective on shares of Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a research note on Friday, November 22nd. Evercore ISI initiated coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective for the company. Bank of America started coverage on shares of Vistra in a research report on Monday, January 27th. They set a "neutral" rating and a $206.00 target price for the company. Finally, 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. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat, Vistra presently has an average rating of "Moderate Buy" and an average price target of $171.64.

Vistra Stock Performance

Shares of VST stock traded down $12.67 on Friday, hitting $150.51. 9,944,101 shares of the stock traded hands, compared to its average volume of 8,996,157. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The company has a market capitalization of $51.21 billion, a PE ratio of 28.08, a PEG ratio of 1.16 and a beta of 1.22. Vistra Corp. has a 1-year low of $46.18 and a 1-year high of $199.84. The company's fifty day moving average is $160.19 and its 200 day moving average is $131.92.

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

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be issued a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.59%. This is a positive change from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is 16.60%.

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.