MGO One Seven LLC Buys 2,499 Shares of Vistra Corp. (NYSE:VST)

MGO One Seven LLC grew its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 34.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,776 shares of the company's stock after purchasing an additional 2,499 shares during the quarter. MGO One Seven LLC's holdings in Vistra were worth $1,348,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Lionsbridge Wealth Management LLC bought a new position in Vistra in the 4th quarter valued at $277,000. Dakota Wealth Management bought a new stake in Vistra during the fourth quarter valued at $231,000. Retirement Systems of Alabama grew its position in Vistra by 9.6% during the third quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock worth $9,361,000 after buying an additional 6,920 shares in the last quarter. Legal Advantage Investments Inc. bought a new position in Vistra in the 4th quarter worth about $565,000. Finally, Viking Fund Management LLC raised its holdings in shares of Vistra by 90.0% in the 4th quarter. Viking Fund Management LLC now owns 19,000 shares of the company's stock valued at $2,620,000 after acquiring an additional 9,000 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

Insider Buying and Selling

In related news, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the transaction, the director now owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John William Pitesa bought 1,500 shares of the firm's stock in a transaction dated Wednesday, March 12th. The stock was 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. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on VST. The Goldman Sachs Group began coverage on shares of Vistra in a research report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price objective on the stock. UBS Group lowered their price objective on shares of Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Daiwa America upgraded shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. JPMorgan Chase & Co. lowered their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Finally, Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, Vistra presently has an average rating of "Moderate Buy" and an average target price of $166.17.

Vistra Trading Up 2.3 %

Shares of NYSE VST traded up $2.93 during mid-day trading on Monday, hitting $129.57. The stock had a trading volume of 4,329,983 shares, compared to its average volume of 7,900,960. The firm has a market cap of $44.07 billion, a P/E ratio of 24.17, 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. The business has a 50 day moving average price of $122.87 and a two-hundred day moving average price of $140.86. Vistra Corp. has a 1 year low of $66.50 and a 1 year high of $199.84.

Vistra Increases Dividend

The company also recently disclosed 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 represents a $0.89 annualized dividend and a dividend yield of 0.69%. This is an increase from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 20th. Vistra's dividend payout ratio is 12.62%.

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.