Captrust Financial Advisors Boosts Stake in Vistra Corp. (NYSE:VST)

Captrust Financial Advisors increased its position in Vistra Corp. (NYSE:VST) by 2.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 44,015 shares of the company’s stock after purchasing an additional 1,045 shares during the quarter. Captrust Financial Advisors’ holdings in Vistra were worth $6,068,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Lionsbridge Wealth Management LLC bought a new stake in shares of Vistra during the 4th quarter valued at $277,000. Dakota Wealth Management bought a new stake in Vistra during the fourth quarter worth about $231,000. Legal Advantage Investments Inc. purchased a new stake in Vistra in the fourth quarter worth about $565,000. Viking Fund Management LLC grew its holdings in Vistra by 90.0% in the fourth quarter. Viking Fund Management LLC now owns 19,000 shares of the company’s stock worth $2,620,000 after purchasing an additional 9,000 shares during the period. Finally, Perigon Wealth Management LLC increased its stake in shares of Vistra by 201.1% during the fourth quarter. Perigon Wealth Management LLC now owns 5,513 shares of the company’s stock valued at $760,000 after purchasing an additional 3,682 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Vistra

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

Vistra Trading Up 1.0 %

NYSE:VST opened at $140.87 on Friday. The company has a market cap of $47.92 billion, a PE ratio of 26.28, 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 has a 50 day simple moving average of $121.50 and a two-hundred day simple moving average of $141.12. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date of this dividend is Wednesday, June 18th. This is a boost from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio is 12.77%.

Wall Street Analysts Forecast Growth

VST has been the topic of several recent research reports. Daiwa America upgraded Vistra to a “hold” rating in a research note on Wednesday, March 5th. BMO Capital Markets increased their target price 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 lifted their price target on Vistra from $154.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. cut their price objective on shares of Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a research report on Friday, March 28th. Finally, Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, Vistra presently has an average rating of “Moderate Buy” and a consensus target price of $166.67.

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.