Vistra (NYSE:VST) Stock Price Up 1.8% - What's Next?

Vistra Corp. (NYSE:VST - Get Free Report) was up 1.8% during mid-day trading on Tuesday . The stock traded as high as $116.20 and last traded at $114.75. Approximately 1,208,381 shares were traded during trading, a decline of 85% from the average daily volume of 7,867,631 shares. The stock had previously closed at $112.69.

Analyst Ratings Changes

Several analysts recently commented on VST shares. Daiwa Capital Markets assumed coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price objective for the company. Daiwa America upgraded shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. UBS Group reduced their target price on Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. The Goldman Sachs Group initiated coverage on shares of Vistra in a report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price target on the stock. Finally, BMO Capital Markets increased their target price on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $159.69.

Vistra Stock Down 0.5 %

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 firm's fifty day moving average is $127.80 and its 200 day moving average is $141.08. The stock has a market cap of $39.21 billion, a P/E ratio of 21.50, a P/E/G ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a dividend of $0.2235 per share. The ex-dividend date of this dividend was Thursday, March 20th. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.78%. Vistra's dividend payout ratio (DPR) is 12.62%.

Insiders Place Their Bets

In other news, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. This represents a 32.10 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John William Pitesa acquired 1,500 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. This trade represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 1.42% of the company's stock.

Institutional Investors Weigh In On Vistra

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Pathway Financial Advisers LLC boosted its stake in 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 acquiring an additional 154 shares during the last quarter. Avior Wealth Management LLC boosted its stake in 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 purchasing an additional 65 shares during the period. Founders Capital Management bought a new position in shares of Vistra during the fourth quarter worth about $28,000. West Branch Capital LLC bought a new position in shares of Vistra during the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in Vistra in the 4th quarter valued at $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.

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.