Union Bancaire Privee UBP SA Sells 5,364 Shares of Vistra Corp. (NYSE:VST)

Union Bancaire Privee UBP SA lessened its stake in shares of Vistra Corp. (NYSE:VST) by 34.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,309 shares of the company’s stock after selling 5,364 shares during the period. Union Bancaire Privee UBP SA’s holdings in Vistra were worth $1,136,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VST. Stephens Inc. AR increased its position in Vistra by 17.0% during the 4th quarter. Stephens Inc. AR now owns 4,765 shares of the company’s stock valued at $657,000 after buying an additional 691 shares in the last quarter. Savant Capital LLC increased its holdings in shares of Vistra by 10.7% in the 4th quarter. Savant Capital LLC now owns 4,058 shares of the company’s stock worth $559,000 after purchasing an additional 393 shares in the last quarter. Avidian Wealth Enterprises LLC bought a new stake in shares of Vistra in the 4th quarter worth $227,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Vistra by 176.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 650,816 shares of the company’s stock worth $97,285,000 after purchasing an additional 415,618 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Vistra in the 4th quarter worth $1,177,000. Institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. UBS Group lifted their target price on Vistra from $154.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, May 8th. The Goldman Sachs Group lifted their target price on Vistra from $134.00 to $164.00 and gave the stock a “neutral” rating in a report on Friday, May 23rd. Daiwa America raised Vistra to a “hold” rating in a report on Wednesday, March 5th. Evercore ISI set a $192.00 target price on Vistra and gave the stock an “outperform” rating in a report on Thursday, May 15th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $178.00 target price (up previously from $172.00) on shares of Vistra in a report on Thursday, May 22nd. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $169.08.

Vistra Stock Performance

VST stock opened at $173.67 on Friday. The company has a market cap of $58.93 billion, a P/E ratio of 32.40, a price-to-earnings-growth ratio of 1.12 and a beta of 1.22. Vistra Corp. has a 1 year low of $66.50 and a 1 year high of $199.84. 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 stock’s fifty day moving average price is $141.58 and its 200-day moving average price is $145.30.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be paid a $0.225 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Wednesday, June 18th. Vistra’s dividend payout ratio (DPR) is 14.15%.

Insider Transactions at Vistra

In related news, EVP Stephanie Zapata Moore sold 35,000 shares of Vistra stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total transaction of $5,650,400.00. Following the transaction, the executive vice president now directly owns 88,073 shares in the company, valued at approximately $14,218,505.12. The trade was a 28.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John R. Sult sold 25,000 shares of Vistra stock in a transaction on Friday, June 6th. The shares were sold at an average price of $171.67, for a total value of $4,291,750.00. Following the transaction, the director now owns 75,946 shares in the company, valued at $13,037,649.82. This trade represents a 24.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 294,000 shares of company stock worth $47,461,490 in the last ninety days. Insiders own 1.42% of the company’s stock.

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.