Jones Financial Companies Lllp Has $883,000 Position in Vistra Corp. (NYSE:VST)

Jones Financial Companies Lllp grew its position in Vistra Corp. (NYSE:VST - Free Report) by 355.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,408 shares of the company's stock after buying an additional 5,002 shares during the quarter. Jones Financial Companies Lllp's holdings in Vistra were worth $883,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its holdings in Vistra by 24.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,172 shares of the company's stock worth $304,000 after buying an additional 420 shares during the period. Bridges Investment Management Inc. grew its stake in shares of Vistra by 15.0% during the 4th quarter. Bridges Investment Management Inc. now owns 2,322 shares of the company's stock worth $320,000 after purchasing an additional 302 shares during the period. Maia Wealth LLC acquired a new position in shares of Vistra in the fourth quarter worth about $347,000. Metis Global Partners LLC increased its stake in shares of Vistra by 6.5% in the 4th quarter. Metis Global Partners LLC now owns 25,730 shares of the company's stock valued at $3,547,000 after purchasing an additional 1,561 shares in the last quarter. Finally, West Michigan Advisors LLC acquired a new position in Vistra in the 4th quarter worth about $267,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Stock Down 0.4 %

Shares of Vistra stock traded down $0.45 on Friday, hitting $113.96. 9,790,691 shares of the company traded hands, compared to its average volume of 9,662,566. The company has a market cap of $38.63 billion, a PE ratio of 21.26, a PEG ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 12-month low of $57.50 and a 12-month high of $199.84. 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 company has a 50-day moving average price of $158.02 and a 200 day moving average price of $135.87.

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Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be given a $0.2235 dividend. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.78%. The ex-dividend date is Thursday, March 20th. Vistra's payout ratio is currently 12.62%.

Insider Transactions at Vistra

In related news, Director Scott B. Helm sold 20,000 shares of the stock in a transaction dated 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 completion of the sale, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.42% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and lowered their price target for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. UBS Group raised their price objective on Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a report on Friday, January 3rd. 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 target price for the company. Morgan Stanley upped 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. Finally, Daiwa America upgraded Vistra to a "hold" rating in a report on Wednesday. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target 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.