Commonwealth Equity Services LLC Has $7.43 Million Stock Position in Vistra Corp. (NYSE:VST)

Commonwealth Equity Services LLC lifted its position in Vistra Corp. (NYSE:VST - Free Report) by 21.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,918 shares of the company's stock after acquiring an additional 9,567 shares during the period. Commonwealth Equity Services LLC's holdings in Vistra were worth $7,434,000 at the end of the most recent quarter.

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

Vistra Stock Up 3.4 %

VST traded up $4.39 on Monday, hitting $134.97. 7,752,211 shares of the company were exchanged, compared to its average volume of 7,505,965. The stock's fifty day moving average is $151.74 and its 200-day moving average is $139.08. Vistra Corp. has a 12 month low of $64.26 and a 12 month 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 company has a market cap of $45.91 billion, a PE ratio of 25.18, a PEG ratio of 1.12 and a beta of 1.21.

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Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be paid a $0.2235 dividend. The ex-dividend date is Thursday, March 20th. This is a boost from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.66%. Vistra's dividend payout ratio (DPR) is currently 12.62%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on VST shares. BMO Capital Markets lifted their price objective on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. Bank of America raised shares of 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 research note on Tuesday, March 4th. UBS Group increased their price objective on shares of Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a research report on Friday, January 3rd. Evercore ISI initiated coverage on shares of Vistra in a research report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective on the stock. Finally, Daiwa America upgraded Vistra to a "hold" rating in a report on Wednesday, March 5th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $162.83.

Insider Buying and Selling

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

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.