Creekmur Asset Management LLC Sells 2,077 Shares of Vistra Corp. (NYSE:VST)

Creekmur Asset Management LLC cut its position in Vistra Corp. (NYSE:VST - Free Report) by 47.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,295 shares of the company's stock after selling 2,077 shares during the quarter. Creekmur Asset Management LLC's holdings in Vistra were worth $316,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Avior Wealth Management LLC increased its position in 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 acquiring an additional 65 shares during the period. Pathway Financial Advisers LLC lifted its stake in shares of Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after buying an additional 154 shares during the period. Founders Capital Management acquired a new stake in Vistra during the fourth quarter worth about $28,000. West Branch Capital LLC bought a new position in Vistra during the fourth quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in Vistra in the 4th quarter valued at approximately $28,000. Institutional investors own 90.88% of the company's stock.

Vistra Price Performance

Shares of NYSE:VST traded down $19.27 during midday trading on Thursday, reaching $107.92. The company's stock had a trading volume of 12,711,198 shares, compared to its average volume of 7,756,481. The business's fifty day simple moving average is $143.86 and its 200-day simple moving average is $141.25. 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 fifty-two week low of $64.26 and a fifty-two week high of $199.84. The company has a market capitalization of $36.71 billion, a P/E ratio of 20.13, a P/E/G ratio of 1.12 and a beta of 1.21.

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Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were given a $0.2235 dividend. This represents a $0.89 annualized dividend and a yield of 0.83%. The ex-dividend date was Thursday, March 20th. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is presently 12.62%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Bank of America raised Vistra from a "neutral" rating to a "buy" rating and decreased their price objective for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Evercore ISI initiated coverage on shares of Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective for the company. Daiwa America raised shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. 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. Finally, JPMorgan Chase & Co. dropped their target price on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $163.50.

Insiders Place Their Bets

In other news, Director John William Pitesa bought 1,500 shares of the stock in a transaction dated Wednesday, March 12th. The stock was bought at an average cost of $126.75 per share, with a total value of $190,125.00. Following 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 purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total value of $2,997,449.84. Following the sale, the director now owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their position. The disclosure for this sale can be found here. 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.