Retireful LLC Makes New $2.21 Million Investment in Vistra Corp. (NYSE:VST)

Retireful LLC purchased a new stake in Vistra Corp. (NYSE:VST - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 16,043 shares of the company's stock, valued at approximately $2,212,000. Vistra comprises 1.2% of Retireful LLC's portfolio, making the stock its 23rd largest holding.

A number of other large investors also recently added to or reduced their stakes in VST. Forum Financial Management LP grew its position 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 worth $1,366,000 after buying an additional 80 shares during the period. Umpqua Bank increased its stake in Vistra by 2.2% in the third quarter. Umpqua Bank now owns 3,780 shares of the company's stock valued at $448,000 after purchasing an additional 81 shares in the last quarter. OneDigital Investment Advisors LLC boosted its position in shares of Vistra by 3.0% during the third quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company's stock worth $333,000 after purchasing an additional 81 shares in the last quarter. Douglass Winthrop Advisors LLC grew its holdings in shares of Vistra by 0.9% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 11,335 shares of the company's stock valued at $1,344,000 after buying an additional 100 shares during the period. Finally, Fiduciary Financial Group LLC increased its position in shares of Vistra by 4.1% in the 4th quarter. Fiduciary Financial Group LLC now owns 2,651 shares of the company's stock valued at $365,000 after buying an additional 105 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Vistra

In related news, EVP Scott A. Hudson sold 115,000 shares of the firm's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $164.16, for a total value of $18,878,400.00. Following the completion of the sale, the executive vice president now directly owns 254,932 shares in the company, valued at approximately $41,849,637.12. This trade represents a 31.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the transaction, the director now owns 343,350 shares of the company's stock, valued at $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 three months, insiders sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on VST shares. UBS Group lifted their price objective on Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a report on Friday, January 3rd. BNP Paribas began coverage on shares of Vistra in a report on Monday, October 14th. They issued an "outperform" rating and a $231.00 price target for the company. Royal Bank of Canada raised their price objective on shares of Vistra from $105.00 to $141.00 and gave the stock an "outperform" rating in a report on Thursday, October 3rd. Jefferies Financial Group increased their target price on Vistra from $99.00 to $137.00 and gave the stock a "buy" rating in a report on Tuesday, September 24th. Finally, BMO Capital Markets upped their price objective on Vistra from $146.00 to $147.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 29th. Ten research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $151.50.

Vistra Stock Down 1.7 %

VST traded down $2.90 on Friday, hitting $171.10. 8,254,135 shares of the company were exchanged, compared to its average volume of 7,279,125. 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 stock's fifty day moving average is $151.31 and its 200-day moving average is $116.21. The company has a market cap of $58.21 billion, a PE ratio of 31.92, a PEG ratio of 1.56 and a beta of 1.21. Vistra Corp. has a 12 month low of $39.08 and a 12 month high of $178.40.

Vistra announced that its board has initiated a share buyback plan on Thursday, November 7th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to buy up to 2.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th were issued a $0.221 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend was Friday, December 20th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is presently 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.