Vistra (NYSE:VST) Stock Price Down 0.8% - Should You Sell?

Vistra Corp. (NYSE:VST - Get Free Report)'s share price was down 0.8% during trading on Friday . The company traded as low as $113.46 and last traded at $113.55. Approximately 2,841,225 shares traded hands during trading, a decline of 70% from the average daily volume of 9,486,186 shares. The stock had previously closed at $114.41.

Analyst Ratings Changes

A number of equities analysts have commented on VST shares. Morgan Stanley raised their price objective on Vistra from $135.00 to $169.00 and gave the stock an "overweight" rating in a research note on Friday, November 22nd. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and lowered their price objective for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Daiwa Capital Markets started coverage on Vistra in a report on Wednesday. They issued a "neutral" rating and a $120.00 target price on the stock. Daiwa America raised Vistra to a "hold" rating in a report on Wednesday. Finally, Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $162.83.

Vistra Stock Performance

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 $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. The company has a fifty day moving average of $158.02 and a two-hundred day moving average of $135.87.

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Vistra Increases Dividend

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

Insider Buying and Selling

In related news, Director Scott B. Helm sold 20,000 shares of the firm's stock in a transaction 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 completion of the transaction, the director now directly owns 343,350 shares of the company's stock, valued at $47,990,029.50. This trade represents a 5.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.42% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Pathway Financial Advisers LLC raised its position in Vistra by 616.0% during 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 last quarter. Avior Wealth Management LLC raised its position in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after acquiring an additional 65 shares in the last quarter. Founders Capital Management bought a new position in shares of Vistra in the 4th quarter worth about $28,000. West Branch Capital LLC bought a new position in shares of Vistra in the 4th quarter worth about $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in shares of Vistra in the 4th quarter worth about $28,000. 90.88% of the stock is owned by institutional investors.

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.