Vistra Corp. (NYSE:VST) Shares Acquired by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC grew its stake in shares of Vistra Corp. (NYSE:VST) by 16.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,692 shares of the company’s stock after acquiring an additional 516 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Vistra were worth $509,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pathway Financial Advisers LLC increased its stake in 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 purchasing an additional 154 shares in the last quarter. Avior Wealth Management LLC lifted its stake in shares of Vistra by 56.5% in the 4th 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 period. Founders Capital Management acquired a new stake in Vistra during the fourth quarter valued at $28,000. West Branch Capital LLC purchased a new stake in shares of Vistra in the fourth quarter valued at approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vistra during the 4th quarter worth approximately $28,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Stock Performance

Vistra stock opened at $127.25 on Thursday. The firm has a 50 day simple moving average of $143.86 and a 200-day simple moving average of $141.25. The stock has a market cap of $43.28 billion, a price-to-earnings ratio of 23.74, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. 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 Corp. has a 1-year low of $64.26 and a 1-year high of $199.84.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a $0.2235 dividend. This represents a $0.89 annualized dividend and a yield of 0.70%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. Vistra’s dividend payout ratio is presently 12.62%.

Wall Street Analyst Weigh In

VST has been the topic of a number of research reports. Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and decreased their price target for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. BMO Capital Markets lifted their price target on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. UBS Group increased their price objective on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Daiwa Capital Markets began coverage on shares of Vistra in a research note on Wednesday, March 5th. They set a “neutral” rating and a $120.00 target price on the stock. Finally, Daiwa America upgraded shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $163.50.

Insider Buying and Selling at Vistra

In related news, Director John William Pitesa purchased 1,500 shares of the company’s stock in a transaction on Wednesday, March 12th. The stock was acquired at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the transaction, the director now directly owns 3,467 shares in the company, valued at approximately $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction that occurred on 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 transaction, the director now directly owns 51,063 shares of the company’s stock, valued at $6,341,513.97. The trade was a 32.10 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.42% of the company’s stock.

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.