L & S Advisors Inc Buys 9,666 Shares of Vistra Corp. (NYSE:VST)

L & S Advisors Inc boosted its holdings in Vistra Corp. (NYSE:VST - Free Report) by 15.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,570 shares of the company's stock after buying an additional 9,666 shares during the quarter. Vistra makes up approximately 1.1% of L & S Advisors Inc's investment portfolio, making the stock its 22nd largest position. L & S Advisors Inc's holdings in Vistra were worth $9,867,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VST. Avior Wealth Management LLC lifted its stake in shares of Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after acquiring an additional 65 shares during the period. Pathway Financial Advisers LLC lifted its position in shares of Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock worth $25,000 after purchasing an additional 154 shares during the period. Founders Capital Management acquired a new position in shares of Vistra in the 4th quarter worth approximately $28,000. West Branch Capital LLC bought a new stake in shares of Vistra in the 4th quarter valued at $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Vistra during the fourth quarter worth $28,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Vistra

In other Vistra news, Director John William Pitesa bought 1,500 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were purchased at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the purchase, the director now directly 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 hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction that occurred on 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 sale, the director now directly owns 51,063 shares of the company's stock, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.42% of the company's stock.

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Vistra Stock Up 3.1 %

Shares of NYSE:VST traded up $3.64 during midday trading on Tuesday, hitting $121.08. 3,359,905 shares of the company's stock were exchanged, compared to its average volume of 9,095,135. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. Vistra Corp. has a 12 month low of $64.26 and a 12 month high of $199.84. The company has a market cap of $41.19 billion, a PE ratio of 22.59, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The stock has a 50 day moving average price of $146.31 and a 200-day moving average price of $141.09.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a $0.2235 dividend. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend was Thursday, March 20th. Vistra's dividend payout ratio is presently 12.62%.

Analyst Upgrades and Downgrades

A number of analysts have commented on VST shares. UBS Group upped their price target on shares of Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research report on Friday, January 3rd. Daiwa America upgraded Vistra to a "hold" rating in a research report on Wednesday, March 5th. Daiwa Capital Markets began coverage on Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price target on the stock. Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, BMO Capital Markets boosted their target price on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research 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 company. According to data from MarketBeat, Vistra currently has a consensus rating of "Moderate Buy" and an average price target of $163.50.

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.