Vistra Corp. (NYSE:VST) Shares Sold by Easterly Investment Partners LLC

Easterly Investment Partners LLC lessened its position in Vistra Corp. (NYSE:VST - Free Report) by 13.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,500 shares of the company's stock after selling 2,500 shares during the quarter. Easterly Investment Partners LLC's holdings in Vistra were worth $2,137,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Peregrine Asset Advisers Inc. lifted its position in shares of Vistra by 3.2% during the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock worth $285,000 after purchasing an additional 64 shares in the last quarter. Avior Wealth Management LLC increased its stake in Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after buying an additional 65 shares during the period. Galvin Gaustad & Stein LLC lifted its holdings in Vistra by 3.6% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock worth $286,000 after buying an additional 73 shares in the last quarter. Csenge Advisory Group boosted its position in Vistra by 1.7% in the 4th quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock valued at $703,000 after buying an additional 83 shares during the period. Finally, New Century Financial Group LLC grew its stake in shares of Vistra by 3.5% in the fourth quarter. New Century Financial Group LLC now owns 2,760 shares of the company's stock worth $381,000 after acquiring an additional 94 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company's stock.

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Analysts Set New Price Targets

VST has been the subject of a number of recent research reports. Daiwa Capital Markets began coverage on Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price for the company. Daiwa America raised Vistra to a "hold" rating in a research report on Wednesday, March 5th. 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. Evercore ISI started coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price target for the company. Finally, UBS Group boosted their price target on shares of Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a report on Friday, January 3rd. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $163.50.

Vistra Stock Performance

NYSE VST traded down $0.26 during trading hours on Friday, hitting $119.05. The company had a trading volume of 7,019,711 shares, compared to its average volume of 7,723,410. The business has a 50 day moving average of $147.39 and a 200-day moving average of $140.40. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra Corp. has a 1-year low of $64.26 and a 1-year high of $199.84. The company has a market cap of $40.49 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be paid a $0.2235 dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a yield of 0.75%. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's payout ratio is currently 12.62%.

Insider Activity

In other Vistra news, Director John William Pitesa bought 1,500 shares of the firm's stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the purchase, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. This represents a 76.26 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 value of $2,997,449.84. Following the completion of the transaction, the director now owns 51,063 shares in the company, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.42% of the company's stock.

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.