Vistra Corp. (NYSE:VST) Shares Acquired by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC increased its holdings in shares of Vistra Corp. (NYSE:VST) by 4.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,266 shares of the company’s stock after acquiring an additional 105 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Vistra were worth $266,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in VST. Commonwealth Equity Services LLC boosted its stake in Vistra by 21.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 53,918 shares of the company’s stock worth $7,434,000 after purchasing an additional 9,567 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in Vistra by 94.8% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 10,717 shares of the company’s stock worth $1,478,000 after purchasing an additional 5,216 shares during the last quarter. Harbour Investments Inc. boosted its position in shares of Vistra by 25.9% during the 4th quarter. Harbour Investments Inc. now owns 1,209 shares of the company’s stock valued at $167,000 after acquiring an additional 249 shares in the last quarter. Parallel Advisors LLC boosted its position in Vistra by 30.3% in the fourth quarter. Parallel Advisors LLC now owns 2,620 shares of the company’s stock valued at $361,000 after buying an additional 609 shares in the last quarter. Finally, Signaturefd LLC boosted its position in Vistra by 34.9% in the fourth quarter. Signaturefd LLC now owns 3,513 shares of the company’s stock valued at $484,000 after buying an additional 909 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on VST. Evercore ISI set a $192.00 price target on shares of Vistra and gave the stock an “outperform” rating in a research note on Thursday, May 15th. UBS Group upped their price target on shares of Vistra from $160.00 to $207.00 and gave the stock a “buy” rating in a research report on Tuesday, June 17th. Raymond James Financial started coverage on shares of Vistra in a research note on Friday, June 13th. They set a “strong-buy” rating and a $216.00 target price for the company. Morgan Stanley raised their price target on shares of Vistra from $178.00 to $186.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 18th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a research note on Friday, March 28th. Three investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $176.92.

Vistra Stock Down 1.1%

Vistra stock opened at $182.17 on Friday. The company has a quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 6.53. Vistra Corp. has a 52 week low of $66.50 and a 52 week high of $200.25. The business’s 50-day moving average price is $174.33 and its 200 day moving average price is $152.21. The firm has a market cap of $61.82 billion, a price-to-earnings ratio of 28.64, a price-to-earnings-growth ratio of 2.17 and a beta of 1.26.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th were paid a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, June 18th. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.49%. Vistra’s payout ratio is presently 14.15%.

Insider Activity

In related news, Director John R. Sult sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $171.67, for a total value of $4,291,750.00. Following the sale, the director owned 75,946 shares of the company’s stock, valued at approximately $13,037,649.82. This represents a 24.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Carrie Lee Kirby sold 108,000 shares of the stock in a transaction on Monday, May 19th. The stock was sold at an average price of $156.98, for a total value of $16,953,840.00. Following the completion of the transaction, the executive vice president directly owned 218,239 shares in the company, valued at $34,259,158.22. This trade represents a 33.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 294,000 shares of company stock worth $47,461,490 over the last three months. Company 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.