Oxford Financial Group LTD. LLC Invests $514,000 in Vistra Corp. (NYSE:VST)

Oxford Financial Group LTD. LLC purchased a new position in Vistra Corp. (NYSE:VST) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,728 shares of the company’s stock, valued at approximately $514,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Adams Diversified Equity Fund Inc. lifted its stake in shares of Vistra by 41.9% during the 4th quarter. Adams Diversified Equity Fund Inc. now owns 38,600 shares of the company’s stock worth $5,322,000 after purchasing an additional 11,400 shares during the period. TD Private Client Wealth LLC lifted its stake in shares of Vistra by 474.8% during the fourth quarter. TD Private Client Wealth LLC now owns 8,823 shares of the company’s stock worth $1,216,000 after purchasing an additional 7,288 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in Vistra by 131.5% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 824 shares of the company’s stock worth $114,000 after acquiring an additional 468 shares during the period. Whittier Trust Co. grew its holdings in Vistra by 1,611.8% during the 4th quarter. Whittier Trust Co. now owns 291 shares of the company’s stock valued at $40,000 after purchasing an additional 274 shares in the last quarter. Finally, Teacher Retirement System of Texas lifted its stake in shares of Vistra by 385.0% in the fourth quarter. Teacher Retirement System of Texas now owns 407,573 shares of the company’s stock worth $56,192,000 after acquiring an additional 323,540 shares in the last quarter. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Trading Up 1.9 %

Shares of NYSE VST opened at $132.26 on Friday. The business has a 50 day simple moving average of $152.47 and a 200 day simple moving average of $137.89. Vistra Corp. has a 52 week low of $64.26 and a 52 week high of $199.84. The stock has a market cap of $44.99 billion, a price-to-earnings ratio of 24.68, a PEG ratio of 1.12 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be paid a $0.2235 dividend. This represents a $0.89 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend is Thursday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is presently 12.62%.

Insider Buying and Selling

In related news, Director John William Pitesa acquired 1,500 shares of the stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, with a total value of $190,125.00. Following the acquisition, the director now owns 3,467 shares in the company, valued at approximately $439,442.25. The trade was a 76.26 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction that occurred 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 approximately $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 currently owned by corporate insiders.

Analyst Ratings Changes

VST has been the subject of a number of research analyst reports. Morgan Stanley boosted their price target on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. Daiwa Capital Markets assumed coverage on Vistra in a report on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price objective for the company. BMO Capital Markets boosted their price target on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 22nd. Bank of America raised Vistra from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Finally, Evercore ISI assumed coverage on Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $162.83.

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.