Vistra Corp. (NYSE:VST) Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. boosted its stake in Vistra Corp. (NYSE:VST) by 25.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,209 shares of the company’s stock after purchasing an additional 249 shares during the period. Harbour Investments Inc.’s holdings in Vistra were worth $167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC increased its position in Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 154 shares during the period. Avior Wealth Management LLC increased its position in Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after buying an additional 65 shares during the period. Founders Capital Management acquired a new stake in Vistra in the fourth quarter worth $28,000. West Branch Capital LLC acquired a new stake in Vistra in the fourth quarter worth $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in Vistra in the fourth quarter worth $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Vistra

In other news, Director John William Pitesa purchased 1,500 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was acquired at an average price of $126.75 per share, with a total value of $190,125.00. Following the purchase, the director now owns 3,467 shares in the company, valued at $439,442.25. This represents a 76.26 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The shares were 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 directly owns 51,063 shares of the company’s stock, valued at approximately $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 currently owned by company insiders.

Vistra Trading Down 0.9 %

Shares of VST opened at $130.75 on Friday. The business’s 50-day moving average price is $151.74 and its 200 day moving average price is $138.64. The stock has a market capitalization of $44.47 billion, a P/E ratio of 24.39, a P/E/G ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 1-year low of $64.26 and a 1-year high of $199.84. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The company also recently declared 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 is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 annualized dividend and a dividend yield of 0.68%. Vistra’s payout ratio is presently 12.62%.

Analysts Set New Price Targets

VST has been the topic of a number of research analyst reports. Daiwa America raised Vistra to a “hold” rating in a report on Wednesday, March 5th. 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. Bank of America raised Vistra from a “neutral” rating to a “buy” rating and lowered their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. UBS Group raised their price target on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a report on Friday, January 3rd. Finally, Daiwa Capital Markets started coverage on Vistra in a report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target on the stock. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Vistra currently has an average rating of “Moderate Buy” and a consensus price target of $162.83.

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.