CreativeOne Wealth LLC Acquires 5,042 Shares of Vistra Corp. (NYSE:VST)

CreativeOne Wealth LLC raised its stake in shares of Vistra Corp. (NYSE:VST) by 144.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,531 shares of the company’s stock after buying an additional 5,042 shares during the period. CreativeOne Wealth LLC’s holdings in Vistra were worth $1,176,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Pathway Financial Advisers LLC increased its holdings 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 acquiring an additional 154 shares during the last quarter. Avior Wealth Management LLC grew its holdings in Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after purchasing an additional 65 shares during the last quarter. Founders Capital Management bought a new position in shares of Vistra in the fourth quarter valued at approximately $28,000. West Branch Capital LLC bought a new stake in shares of Vistra during the 4th quarter worth $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in Vistra in the 4th quarter valued at $28,000. 90.88% of the stock is currently owned by institutional investors.

Vistra Price Performance

Shares of Vistra stock opened at $116.19 on Thursday. Vistra Corp. has a twelve month low of $64.26 and a twelve month high of $199.84. 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 firm has a market cap of $39.52 billion, a P/E ratio of 21.68, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The firm’s 50-day simple moving average is $129.91 and its 200-day simple moving average is $141.15.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were paid a $0.2235 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend was Thursday, March 20th. Vistra’s dividend payout ratio is currently 12.62%.

Analyst Upgrades and Downgrades

VST has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on shares of Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a report on Friday, March 28th. Evercore ISI initiated coverage on Vistra in a report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price on the stock. Daiwa America upgraded Vistra to a “hold” rating in a report on Wednesday, March 5th. The Goldman Sachs Group began coverage on shares of Vistra in a research note on Friday, April 4th. They issued a “neutral” rating and a $134.00 price objective on the stock. Finally, UBS Group reduced their price target on shares of Vistra from $174.00 to $154.00 and set a “buy” rating for the company in a report on Friday, April 11th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $159.69.

Insider Transactions at Vistra

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

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.