TKG Advisors LLC Invests $239,000 in Vistra Corp. (NYSE:VST)

TKG Advisors LLC purchased a new position in Vistra Corp. (NYSE:VST - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,734 shares of the company's stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Avior Wealth Management LLC grew its position in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after purchasing an additional 65 shares during the period. Pathway Financial Advisers LLC grew its holdings in shares of Vistra by 616.0% during the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after buying an additional 154 shares during the last quarter. Founders Capital Management bought a new stake in shares of Vistra during the fourth quarter worth about $28,000. West Branch Capital LLC bought a new stake in shares of Vistra during the fourth quarter worth about $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in Vistra in the 4th quarter valued at about $28,000. 90.88% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on VST shares. Evercore ISI began coverage on Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective for the company. UBS Group upped their price target on Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a report on Friday, January 3rd. Bank of America assumed coverage on Vistra in a research note on Monday, January 27th. They set a "neutral" rating and a $206.00 price objective on the stock. BMO Capital Markets upped their target price 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, Morgan Stanley boosted their price target on shares of Vistra from $135.00 to $169.00 and gave the stock an "overweight" rating in a report on Friday, November 22nd. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $171.64.

Vistra Stock Performance

Shares of NYSE VST traded down $12.67 during trading on Friday, reaching $150.51. 9,944,101 shares of the stock traded hands, compared to its average volume of 8,996,157. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The stock has a market capitalization of $51.21 billion, a P/E ratio of 28.08, a price-to-earnings-growth ratio of 1.16 and a beta of 1.22. Vistra Corp. has a 52-week low of $46.18 and a 52-week high of $199.84. The company has a 50-day moving average of $160.19 and a 200-day moving average of $131.92.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be paid 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 dividend yield of 0.59%. Vistra's dividend payout ratio (DPR) is presently 16.60%.

Vistra declared that its Board of Directors has approved a stock buyback plan on Thursday, November 7th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

Insider Activity

In other Vistra news, EVP Scott A. Hudson sold 115,000 shares of Vistra stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $164.16, for a total transaction of $18,878,400.00. Following the completion of the transaction, the executive vice president now owns 254,932 shares of the company's stock, valued at $41,849,637.12. The trade was a 31.09 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Scott B. Helm sold 20,000 shares of the stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the completion of the sale, the director now directly owns 343,350 shares in the company, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.42% of the company's stock.

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.