Rothschild Investment LLC Raises Stock Position in Vistra Corp. (NYSE:VST)

Rothschild Investment LLC grew its holdings in shares of Vistra Corp. (NYSE:VST) by 34.2% during the 4th quarter, HoldingsChannel reports. The firm owned 463 shares of the company’s stock after buying an additional 118 shares during the period. Rothschild Investment LLC’s holdings in Vistra were worth $64,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VST. Avior Wealth Management LLC boosted its stake in Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Pathway Financial Advisers LLC boosted its position in shares of 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 acquiring an additional 154 shares during the last quarter. Founders Capital Management acquired a new position in shares of Vistra during the 4th quarter valued at about $28,000. West Branch Capital LLC acquired a new position in shares of Vistra during the 4th quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in Vistra in the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analyst Weigh In

VST has been the topic of a number of recent research reports. Evercore ISI initiated coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 target price on the stock. Bank of America initiated coverage on shares of Vistra in a research note on Monday, January 27th. They set a “neutral” rating and a $206.00 target price on the stock. BMO Capital Markets upped their target price on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Morgan Stanley upped their target price on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Finally, UBS Group upped their target price on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, Vistra currently has an average rating of “Moderate Buy” and an average price target of $171.64.

Vistra Price Performance

Shares of NYSE VST opened at $147.84 on Thursday. 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 has a fifty day moving average price of $160.40 and a 200 day moving average price of $133.70. Vistra Corp. has a 1-year low of $48.22 and a 1-year high of $199.84. The company has a market cap of $50.30 billion, a PE ratio of 27.58, a P/E/G ratio of 1.12 and a beta of 1.22.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be issued a dividend of $0.2235 per share. The ex-dividend date is Thursday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.60%. Vistra’s dividend payout ratio (DPR) is currently 16.42%.

Vistra declared that its board has initiated a stock buyback program on Thursday, November 7th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to buy up to 2.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the transaction, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. This represents a 5.50 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate 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.