Vistra Corp. (NYSE:VST) Shares Sold by Kendall Capital Management

Kendall Capital Management cut its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 28.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,770 shares of the company's stock after selling 3,105 shares during the period. Kendall Capital Management's holdings in Vistra were worth $1,071,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in shares of Vistra by 28.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,120 shares of the company's stock valued at $251,000 after acquiring an additional 471 shares during the period. Galvin Gaustad & Stein LLC purchased a new position in Vistra during the 3rd quarter worth $238,000. Seascape Capital Management purchased a new position in Vistra during the 3rd quarter worth $205,000. Bridges Investment Management Inc. purchased a new position in Vistra during the 3rd quarter worth $239,000. Finally, Carmel Capital Partners LLC purchased a new position in Vistra during the 3rd quarter worth $268,000. 90.88% of the stock is owned by institutional investors.

Vistra Price Performance

NYSE:VST traded down $0.45 during trading hours on Friday, hitting $113.96. 9,790,691 shares of the stock were exchanged, compared to its average volume of 9,662,566. Vistra Corp. has a 52-week low of $57.50 and a 52-week high of $199.84. The firm's fifty day moving average price is $158.02 and its 200 day moving average price is $136.25. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The company has a market cap of $38.63 billion, a P/E ratio of 21.26, a P/E/G ratio of 1.12 and a beta of 1.21.

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Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be given a $0.2235 dividend. This represents a $0.89 annualized dividend and a yield of 0.78%. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra's dividend payout ratio is presently 12.62%.

Insider Buying and Selling

In related news, Director Scott B. Helm sold 20,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the transaction, the director now directly owns 343,350 shares in the company, valued at approximately $47,990,029.50. This represents a 5.50 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.42% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on VST shares. BMO Capital Markets boosted their target price on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 22nd. Morgan Stanley boosted their price objective on Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a report on Friday, November 22nd. Daiwa Capital Markets began coverage on Vistra in a report on Wednesday. They issued a "neutral" rating and a $120.00 price objective for the company. UBS Group boosted their price objective on Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a report on Friday, January 3rd. Finally, Evercore ISI began coverage on Vistra in a report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective for the company. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Vistra presently has an average rating of "Moderate Buy" and a consensus price target of $162.83.

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.