Vistra (NYSE:VST) Trading Down 1.6% - Should You Sell?

Shares of Vistra Corp. (NYSE:VST - Get Free Report) were down 1.6% on Friday . The stock traded as low as $126.27 and last traded at $129.80. Approximately 1,603,585 shares traded hands during trading, a decline of 79% from the average daily volume of 7,471,296 shares. The stock had previously closed at $131.90.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on VST shares. Daiwa Capital Markets started coverage on Vistra in a research report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price on the stock. Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Evercore ISI initiated coverage on shares of Vistra in a research report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 target price for the company. BMO Capital Markets increased 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. Finally, Daiwa America raised Vistra to a "hold" rating in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, Vistra currently has an average rating of "Moderate Buy" and an average price target of $162.83.

Vistra Trading Up 3.4 %

The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The company has a market capitalization of $45.91 billion, a price-to-earnings ratio of 25.18, a P/E/G ratio of 1.12 and a beta of 1.21. The business's 50-day moving average price is $151.74 and its two-hundred day moving average price is $139.08.

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Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be paid a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date is Thursday, March 20th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's payout ratio is 12.62%.

Insider Transactions at Vistra

In other news, Director John William Pitesa bought 1,500 shares of the stock in a transaction on Wednesday, March 12th. The stock was acquired at an average price of $126.75 per share, with a total value of $190,125.00. Following the acquisition, the director now directly owns 3,467 shares in the company, valued at approximately $439,442.25. This trade represents a 76.26 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the sale, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.42% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. 111 Capital bought a new position in shares of Vistra during the fourth quarter worth about $465,000. Wealth Enhancement Advisory Services LLC increased its position in Vistra by 239.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 142,259 shares of the company's stock valued at $19,613,000 after purchasing an additional 100,400 shares during the period. Centaurus Financial Inc. raised its holdings in Vistra by 213.4% during the 4th quarter. Centaurus Financial Inc. now owns 6,479 shares of the company's stock worth $893,000 after purchasing an additional 4,412 shares during the last quarter. Anchor Pointe Wealth Management LLC acquired a new position in shares of Vistra in the 4th quarter worth approximately $271,000. Finally, IronOak Wealth LLC. bought a new stake in shares of Vistra in the 4th quarter valued at $862,000. 90.88% of the stock is owned by institutional investors.

About Vistra

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.