Vistra Corp. (NYSE:VST) Shares Sold by Steamboat Capital Partners LLC

Steamboat Capital Partners LLC cut its stake in shares of Vistra Corp. (NYSE:VST) by 2.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,875 shares of the company’s stock after selling 111 shares during the period. Steamboat Capital Partners LLC’s holdings in Vistra were worth $672,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Avior Wealth Management LLC grew its stake in 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 acquiring an additional 65 shares during the last quarter. Pathway Financial Advisers LLC grew its stake in Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 154 shares during the last quarter. West Branch Capital LLC acquired a new stake in Vistra in the 4th quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA acquired a new stake in Vistra in the 4th quarter valued at about $28,000. Finally, Tucker Asset Management LLC acquired a new stake in Vistra in the 4th quarter valued at about $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently commented on VST shares. Daiwa Capital Markets started coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price objective on the stock. Evercore ISI started coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective on the stock. JPMorgan Chase & Co. lowered their price objective 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. The Goldman Sachs Group initiated coverage on shares of Vistra in a report on Friday, April 4th. They issued a “neutral” rating and a $134.00 target price on the stock. Finally, UBS Group upped their target price on shares of Vistra from $154.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Vistra presently has an average rating of “Moderate Buy” and an average price target of $166.67.

Insider Transactions at Vistra

In other news, Director Paul M. Barbas sold 24,136 shares of the 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 in the company, valued at $6,341,513.97. This represents a 32.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John William Pitesa acquired 1,500 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were bought at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the acquisition, the director now 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. Insiders own 1.42% of the company’s stock.

Vistra Price Performance

NYSE:VST opened at $156.55 on Friday. The firm has a market cap of $53.12 billion, a price-to-earnings ratio of 29.21, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The company’s 50-day moving average is $125.42 and its two-hundred day moving average is $142.25. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $199.84.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend is Wednesday, June 18th. Vistra’s dividend payout ratio is presently 14.15%.

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.