Integrated Investment Consultants LLC Sells 5,350 Shares of Vistra Corp. (NYSE:VST)

Integrated Investment Consultants LLC cut its holdings in Vistra Corp. (NYSE:VST - Free Report) by 41.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,450 shares of the company's stock after selling 5,350 shares during the quarter. Integrated Investment Consultants LLC's holdings in Vistra were worth $1,027,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Founders Capital Management acquired a new position in shares of Vistra during the fourth quarter worth $28,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vistra during the 3rd quarter worth $30,000. Mark Sheptoff Financial Planning LLC acquired a new position in Vistra in the 3rd quarter worth about $30,000. CVA Family Office LLC raised its position in Vistra by 1,505.9% in the third quarter. CVA Family Office LLC now owns 273 shares of the company's stock valued at $32,000 after purchasing an additional 256 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC acquired a new stake in shares of Vistra during the third quarter valued at about $36,000. Institutional investors own 90.88% of the company's stock.

Insiders Place Their Bets

In other news, EVP Scott A. Hudson sold 115,000 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $164.16, for a total value of $18,878,400.00. Following the transaction, the executive vice president now owns 254,932 shares in the company, valued at $41,849,637.12. This trade represents a 31.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction that occurred 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 approximately $47,990,029.50. The trade was a 5.50 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 342,100 shares of company stock worth $55,087,314. Insiders own 1.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on VST shares. BMO Capital Markets raised their price objective on shares of Vistra from $146.00 to $147.00 and gave the company an "outperform" rating in a report on Tuesday, October 29th. Jefferies Financial Group lifted their price target on shares of Vistra from $99.00 to $137.00 and gave the stock a "buy" rating in a report on Tuesday, September 24th. JPMorgan Chase & Co. started coverage on Vistra in a report on Thursday, October 17th. They issued an "overweight" rating and a $178.00 price objective for the company. Guggenheim lifted their target price on Vistra from $133.00 to $177.00 and gave the stock a "buy" rating in a report on Tuesday, October 8th. Finally, Morgan Stanley increased their price target on Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a research note on Friday, November 22nd. Ten equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $151.50.

Vistra Stock Down 1.7 %

Vistra stock traded down $2.90 during mid-day trading on Friday, reaching $171.10. The stock had a trading volume of 8,254,135 shares, compared to its average volume of 4,420,974. The firm has a market capitalization of $58.21 billion, a PE ratio of 31.92, a price-to-earnings-growth ratio of 1.56 and a beta of 1.21. Vistra Corp. has a fifty-two week low of $39.08 and a fifty-two week high of $178.40. The stock's 50-day simple moving average is $151.89 and its 200-day simple moving average is $116.79. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11.

Vistra declared that its board has authorized a share buyback plan on Thursday, November 7th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 2.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th were paid a dividend of $0.221 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date of this dividend was Friday, December 20th. This is a positive change from Vistra's previous quarterly dividend of $0.22. Vistra's payout ratio 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.