Guggenheim Capital LLC Sells 21,096 Shares of Vistra Corp. (NYSE:VST)

Guggenheim Capital LLC lessened its holdings in Vistra Corp. (NYSE:VST) by 40.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,303 shares of the company’s stock after selling 21,096 shares during the quarter. Guggenheim Capital LLC’s holdings in Vistra were worth $4,316,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pathway Financial Advisers LLC boosted its position 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 buying an additional 154 shares during the period. Avior Wealth Management LLC increased its holdings 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 period. Founders Capital Management bought a new stake in Vistra during the 4th quarter valued at $28,000. West Branch Capital LLC bought a new position in shares of Vistra during the 4th quarter worth $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in shares of Vistra during the fourth quarter valued at $28,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Activity at Vistra

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $439,442.25. This represents a 76.26 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction on 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 completion of the sale, 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 disclosure for this sale can be found here. Company insiders own 1.42% of the company’s stock.

Vistra Stock Performance

Shares of VST stock opened at $115.26 on Friday. Vistra Corp. has a 52-week low of $64.26 and a 52-week high of $199.84. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The stock has a market cap of $39.21 billion, a PE ratio of 21.50, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The business has a 50-day simple moving average of $127.80 and a 200-day simple moving average of $141.08.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were paid a dividend of $0.2235 per share. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.78%. Vistra’s dividend payout ratio (DPR) is presently 12.62%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on VST shares. UBS Group cut their target price on shares of Vistra from $174.00 to $154.00 and set a “buy” rating on the stock in a research report on Friday, April 11th. Daiwa America raised shares of Vistra to a “hold” rating in a research note on Wednesday, March 5th. Evercore ISI began coverage on Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 target price for the company. The Goldman Sachs Group started coverage on Vistra in a report on Friday, April 4th. They issued a “neutral” rating and a $134.00 price target on the stock. Finally, Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $166.17.

Vistra Company 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.