US Bancorp DE lifted its stake in Vistra Corp. (NYSE:VST - Free Report) by 34.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,786 shares of the company's stock after acquiring an additional 5,593 shares during the period. US Bancorp DE's holdings in Vistra were worth $3,004,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the stock. Pathway Financial Advisers LLC raised its position in shares of Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock worth $25,000 after buying an additional 154 shares in the last quarter. Avior Wealth Management LLC raised its position 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 buying an additional 65 shares in the last quarter. Founders Capital Management purchased a new stake in shares of Vistra in the fourth quarter worth $28,000. West Branch Capital LLC purchased a new stake in shares of Vistra in the fourth quarter worth $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vistra in the fourth quarter worth $28,000. 90.88% of the stock is owned by institutional investors.
Vistra Trading Down 0.4 %
Shares of NYSE VST traded down $0.45 during trading hours on Friday, hitting $113.96. The company's stock had a trading volume of 9,790,691 shares, compared to its average volume of 9,662,566. 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 stock has a market cap 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. Vistra Corp. has a 12 month low of $57.50 and a 12 month high of $199.84. The business has a 50-day simple moving average of $158.02 and a 200-day simple moving average of $136.25.
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 given a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a yield of 0.78%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra's payout ratio is presently 12.62%.
Insider Buying and Selling at Vistra
In other Vistra news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction that occurred on 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 sale, the director now directly owns 343,350 shares of the company's stock, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.42% of the company's stock.
Analysts Set New Price Targets
VST has been the topic of a number of research reports. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and lowered their price target for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Daiwa America upgraded Vistra to a "hold" rating in a research report on Wednesday. BMO Capital Markets raised their price target on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. UBS Group lifted their price objective on Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a report on Friday, January 3rd. Finally, Daiwa Capital Markets assumed coverage on Vistra in a report on Wednesday. They issued a "neutral" rating and a $120.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $162.83.
Read Our Latest Analysis on VST
About Vistra
(
Free Report)
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.
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