Saturna Capital Corp Buys New Position in Vistra Corp. (NYSE:VST)

Saturna Capital Corp acquired a new stake in shares of Vistra Corp. (NYSE:VST) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,822 shares of the company’s stock, valued at approximately $251,000.

Several other institutional investors have also added to or reduced their stakes in VST. Pathway Financial Advisers LLC boosted its stake in shares of Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 154 shares in the last quarter. Avior Wealth Management LLC boosted its position in Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after acquiring an additional 65 shares in the last quarter. Founders Capital Management purchased a new position in shares of Vistra during the 4th quarter worth approximately $28,000. West Branch Capital LLC bought a new position in shares of Vistra in the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in shares of Vistra in the 4th quarter worth approximately $28,000. 90.88% of the stock is currently owned by institutional investors.

Vistra Stock Performance

VST stock opened at $114.40 on Wednesday. The stock’s 50 day simple moving average is $156.91 and its 200 day simple moving average is $136.63. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. Vistra Corp. has a 12-month low of $58.00 and a 12-month high of $199.84. The stock has a market capitalization of $38.78 billion, a PE ratio of 21.34, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

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 dividend of $0.2235 per share. The ex-dividend date of this dividend is Thursday, March 20th. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.78%. Vistra’s dividend payout ratio (DPR) is 12.62%.

Wall Street Analyst Weigh In

VST has been the topic of several recent research reports. Evercore ISI assumed coverage on Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target on the stock. Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Daiwa Capital Markets began coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target for the company. BMO Capital Markets upped their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Finally, UBS Group lifted their target price on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a report on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, Vistra presently has an average rating of “Moderate Buy” and an average target price of $162.83.

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.