Strategic Wealth Partners Ltd. Has $1.13 Million Stock Position in Vistra Corp. (NYSE:VST)

Strategic Wealth Partners Ltd. lowered its position in shares of Vistra Corp. (NYSE:VST) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,177 shares of the company’s stock after selling 81 shares during the quarter. Strategic Wealth Partners Ltd.’s holdings in Vistra were worth $1,127,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Peregrine Asset Advisers Inc. boosted its holdings in shares of Vistra by 3.2% in the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company’s stock valued at $285,000 after buying an additional 64 shares during the last quarter. Avior Wealth Management LLC boosted its holdings 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 buying an additional 65 shares during the last quarter. Galvin Gaustad & Stein LLC boosted its holdings in shares of Vistra by 3.6% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock valued at $286,000 after buying an additional 73 shares during the last quarter. Paloma Partners Management Co boosted its holdings in shares of Vistra by 1.0% in the 4th quarter. Paloma Partners Management Co now owns 8,000 shares of the company’s stock valued at $1,103,000 after buying an additional 81 shares during the last quarter. Finally, Csenge Advisory Group boosted its holdings in shares of Vistra by 1.7% in the 4th quarter. Csenge Advisory Group now owns 5,096 shares of the company’s stock valued at $703,000 after buying an additional 83 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Buying and Selling

In related news, Director John William Pitesa purchased 1,500 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director now owns 3,467 shares of the company’s stock, valued at approximately $439,442.25. This trade represents a 76.26% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Paul M. Barbas sold 24,136 shares of the firm’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 transaction, the director now owns 51,063 shares in the company, 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. 1.42% of the stock is owned by company insiders.

Vistra Stock Up 3.0%

VST opened at $156.55 on Monday. Vistra Corp. has a fifty-two week low of $66.50 and a fifty-two week high of $199.84. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The company has a market capitalization of $53.12 billion, a P/E ratio of 29.21, a P/E/G ratio of 1.12 and a beta of 1.16. The stock has a fifty day moving average of $125.42 and a 200-day moving average of $142.37.

Vistra Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.57%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is currently 14.15%.

Wall Street Analysts Forecast Growth

VST has been the subject of several research reports. JPMorgan Chase & Co. cut their price target on Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a report on Friday, March 28th. Evercore ISI initiated coverage on Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target for the company. The Goldman Sachs Group initiated coverage on Vistra in a report on Friday, April 4th. They set a “neutral” rating and a $134.00 price target for the company. BMO Capital Markets raised their price target on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a report on Wednesday, January 22nd. Finally, Daiwa America raised Vistra to a “hold” rating in a report on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $166.67.

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.