Securian Asset Management Inc. Has $2.52 Million Stake in Vistra Corp. (NYSE:VST)

Securian Asset Management Inc. decreased its holdings in shares of Vistra Corp. (NYSE:VST) by 3.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 18,285 shares of the company’s stock after selling 716 shares during the period. Securian Asset Management Inc.’s holdings in Vistra were worth $2,521,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VST. Avior Wealth Management LLC grew its position in shares of Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after buying an additional 65 shares during the period. Pathway Financial Advisers LLC grew its position in shares of 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 buying an additional 154 shares during the period. Founders Capital Management acquired a new stake in shares of Vistra during the 4th quarter worth approximately $28,000. West Branch Capital LLC acquired a new stake in shares of Vistra during the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Vistra during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Performance

Shares of VST opened at $122.39 on Thursday. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra Corp. has a twelve month low of $59.93 and a twelve month high of $199.84. The firm’s 50 day moving average price is $156.91 and its two-hundred day moving average price is $136.63. The firm has a market cap of $41.49 billion, a P/E ratio of 22.83, a PEG 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. Stockholders of record on Thursday, March 20th will be given a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Thursday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is currently 12.62%.

Analysts Set New Price Targets

Several research firms recently weighed in on VST. Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. BMO Capital Markets lifted their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Evercore ISI began coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective on the stock. Morgan Stanley lifted their price objective on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Finally, Daiwa Capital Markets began coverage on shares of Vistra in a research note on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price objective 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, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.83.

Vistra 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.