Siemens Fonds Invest GmbH Sells 824 Shares of Vistra Corp. (NYSE:VST)

Siemens Fonds Invest GmbH cut its holdings in Vistra Corp. (NYSE:VST) by 19.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,369 shares of the company’s stock after selling 824 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Vistra were worth $464,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Pathway Financial Advisers LLC lifted its position in 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 in the last quarter. Avior Wealth Management LLC increased its position in shares of Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after acquiring an additional 65 shares during the last quarter. West Branch Capital LLC bought a new stake in Vistra during the fourth quarter worth about $28,000. Comprehensive Financial Planning Inc. PA acquired a new position in Vistra during the fourth quarter valued at approximately $28,000. Finally, Tucker Asset Management LLC acquired a new position in Vistra during the fourth quarter valued at approximately $28,000. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

NYSE VST opened at $156.55 on Friday. The stock has a market cap of $53.12 billion, a PE ratio of 29.21, a P/E/G ratio of 1.12 and a beta of 1.16. 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 50-day moving average of $125.42 and a 200-day moving average of $142.25. Vistra Corp. has a 52-week low of $66.50 and a 52-week high of $199.84.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be given a dividend of $0.225 per share. The ex-dividend date is Wednesday, June 18th. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a yield of 0.57%. Vistra’s dividend payout ratio (DPR) is 14.15%.

Insiders Place Their Bets

In related news, Director Paul M. Barbas sold 24,136 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the transaction, the director now directly owns 51,063 shares of the company’s stock, valued at approximately $6,341,513.97. This trade represents a 32.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 stock was acquired at an average cost 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 disclosure for this purchase can be found here. Company insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on VST shares. BMO Capital Markets upped their price objective on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. 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 on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a research report on Friday, March 28th. Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and lowered their price objective for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Finally, Evercore ISI began coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price for the company. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $166.67.

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.