Vistra Corp. (NYSE:VST) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 68.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 282,700 shares of the company's stock after selling 611,252 shares during the quarter. Victory Capital Management Inc. owned 0.08% of Vistra worth $38,976,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Avior Wealth Management LLC lifted its stake 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 buying an additional 65 shares in the last quarter. Pathway Financial Advisers LLC lifted its stake in Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after buying an additional 154 shares in the last quarter. Founders Capital Management purchased a new stake in Vistra in the 4th quarter valued at approximately $28,000. West Branch Capital LLC acquired a new position in Vistra in the 4th quarter valued at $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in Vistra in the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Stock Down 0.4 %

NYSE VST traded down $0.45 during trading hours on Friday, hitting $113.96. The company had a trading volume of 9,790,691 shares, compared to its average volume of 9,662,566. Vistra Corp. has a fifty-two week low of $57.50 and a fifty-two week high of $199.84. The company has a market capitalization of $38.63 billion, a price-to-earnings ratio of 21.26, a P/E/G ratio of 1.12 and a beta of 1.21. 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 firm's 50 day moving average is $158.02 and its 200 day moving average is $136.25.

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Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be issued 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 yield of 0.78%. The ex-dividend date of this dividend is Thursday, March 20th. Vistra's dividend payout ratio is currently 12.62%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Morgan Stanley boosted their price target on Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a report on Friday, November 22nd. 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. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and cut their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Daiwa Capital Markets assumed coverage on Vistra in a report on Wednesday. They set a "neutral" rating and a $120.00 price objective for the company. Finally, BMO Capital Markets upped their price objective on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a report on Wednesday, January 22nd. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $162.83.

Insider Activity at Vistra

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the company's stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the transaction, the director now directly owns 343,350 shares of the company's stock, valued at $47,990,029.50. This represents a 5.50 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.42% of the stock is owned by insiders.

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.