Vistra Corp. (NYSE:VST) Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC lifted its stake in Vistra Corp. (NYSE:VST - Free Report) by 474.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,823 shares of the company's stock after buying an additional 7,288 shares during the period. TD Private Client Wealth LLC's holdings in Vistra were worth $1,216,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VST. Caprock Group LLC purchased a new position in shares of Vistra during the third quarter worth about $288,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Vistra during the 3rd quarter worth approximately $787,000. PNC Financial Services Group Inc. grew its stake in Vistra by 90.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 21,291 shares of the company's stock worth $2,524,000 after buying an additional 10,124 shares during the last quarter. Commerce Bank increased its position in Vistra by 39.3% during the third quarter. Commerce Bank now owns 9,472 shares of the company's stock worth $1,123,000 after buying an additional 2,670 shares during the period. Finally, Advisors Asset Management Inc. lifted its stake in Vistra by 61.1% in the third quarter. Advisors Asset Management Inc. now owns 21,135 shares of the company's stock valued at $2,505,000 after buying an additional 8,013 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction that occurred on 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 completion of the sale, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. This trade represents a 32.10 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John William Pitesa purchased 1,500 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the acquisition, the director now owns 3,467 shares in the company, valued at approximately $439,442.25. This trade represents a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.42% of the stock is owned by insiders.

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Vistra Price Performance

NYSE:VST traded down $7.71 during trading hours on Wednesday, hitting $124.11. The company's stock had a trading volume of 6,718,217 shares, compared to its average volume of 7,498,219. Vistra Corp. has a 52-week low of $64.26 and a 52-week high of $199.84. 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's 50-day moving average is $149.52 and its two-hundred day moving average is $139.79. The company has a market capitalization of $42.22 billion, a PE ratio of 23.15, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be issued a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date is Thursday, March 20th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is currently 12.62%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VST. Daiwa America raised shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. UBS Group lifted their price objective on shares of Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. Daiwa Capital Markets initiated coverage on shares of Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price for the company. BMO Capital Markets boosted their price target on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. Finally, Bank of America raised Vistra from a "neutral" rating to a "buy" rating and decreased their price objective for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $162.83.

Vistra Company 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.