Corient Private Wealth LLC Purchases 7,772 Shares of Vistra Corp. (NYSE:VST)

Corient Private Wealth LLC raised its position in shares of Vistra Corp. (NYSE:VST) by 6.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 136,330 shares of the company’s stock after purchasing an additional 7,772 shares during the quarter. Corient Private Wealth LLC’s holdings in Vistra were worth $18,796,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. lifted its position in shares of Vistra by 94.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 10,717 shares of the company’s stock valued at $1,478,000 after buying an additional 5,216 shares in the last quarter. Choate Investment Advisors lifted its position in shares of Vistra by 4.1% during the 4th quarter. Choate Investment Advisors now owns 6,002 shares of the company’s stock valued at $828,000 after buying an additional 236 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of Vistra by 25.7% during the 4th quarter. Natixis Advisors LLC now owns 129,317 shares of the company’s stock valued at $17,829,000 after buying an additional 26,464 shares in the last quarter. Catalyst Funds Management Pty Ltd purchased a new position in shares of Vistra during the 4th quarter valued at about $524,000. Finally, Campbell Capital Management Inc. lifted its position in shares of Vistra by 10.8% during the 4th quarter. Campbell Capital Management Inc. now owns 71,603 shares of the company’s stock valued at $9,872,000 after buying an additional 7,001 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Evercore ISI assumed coverage on Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective on the stock. Daiwa America raised Vistra to a “hold” rating in a research report on Wednesday, March 5th. UBS Group boosted their price target on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Morgan Stanley boosted their price target on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Finally, Bank of America raised Vistra from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $162.83.

Vistra Stock Down 1.4 %

Shares of VST opened at $124.54 on Wednesday. The stock has a market capitalization of $42.36 billion, a price-to-earnings ratio of 23.23, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 1 year low of $62.12 and a 1 year high of $199.84. The business’s 50 day simple moving average is $153.67 and its 200-day simple moving average is $137.99. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be issued a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a dividend yield of 0.72%. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra’s dividend payout ratio is 12.62%.

Insider Transactions at Vistra

In related news, Director John William Pitesa bought 1,500 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were purchased at an average price of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the transaction, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. This represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.42% of the company’s stock.

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.