LaSalle St. Investment Advisors LLC Buys New Stake in Vistra Corp. (NYSE:VST)

LaSalle St. Investment Advisors LLC acquired a new stake in Vistra Corp. (NYSE:VST - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,479 shares of the company's stock, valued at approximately $341,000.

Several other institutional investors have also modified their holdings of VST. Morse Asset Management Inc bought a new stake in Vistra in the third quarter worth about $631,000. Orion Portfolio Solutions LLC raised its holdings in shares of Vistra by 56.5% in the third quarter. Orion Portfolio Solutions LLC now owns 5,067 shares of the company's stock worth $601,000 after buying an additional 1,829 shares during the period. Virtu Financial LLC bought a new stake in shares of Vistra during the 3rd quarter worth approximately $1,466,000. Fulcrum Equity Management boosted its holdings in Vistra by 2.8% during the 3rd quarter. Fulcrum Equity Management now owns 13,549 shares of the company's stock valued at $1,606,000 after acquiring an additional 364 shares during the period. Finally, Pine Valley Investments Ltd Liability Co purchased a new stake in shares of Vistra during the third quarter valued at $208,000. 90.88% of the stock is owned by institutional investors.

Insider Activity

In other news, Director John William Pitesa bought 1,500 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now directly owns 3,467 shares in the company, valued at approximately $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $124.19, for a total value of $2,997,449.84. Following the sale, the director now directly owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. This represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.42% of the company's stock.

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Vistra Stock Up 2.7 %

VST stock traded up $3.05 on Tuesday, hitting $115.74. 4,262,176 shares of the company's stock were exchanged, compared to its average volume of 7,893,242. The firm has a 50 day moving average price of $130.92 and a two-hundred day moving average price of $141.32. Vistra Corp. has a 12-month low of $64.26 and a 12-month high of $199.84. The stock has a market cap of $39.37 billion, a P/E ratio of 21.59, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. 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 Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were paid a dividend of $0.2235 per share. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.77%. Vistra's payout ratio is presently 12.62%.

Analyst Upgrades and Downgrades

VST has been the subject of a number of research reports. Evercore ISI assumed coverage on Vistra in a report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price target for the company. UBS Group lowered their target price on Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a report on Friday. Daiwa America upgraded Vistra to a "hold" rating in a research note on Wednesday, March 5th. BMO Capital Markets upped their price objective 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. Finally, Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and cut their target price for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $159.69.

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.