Vistra Corp. (NYSE:VST) Shares Sold by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC reduced its position in Vistra Corp. (NYSE:VST) by 16.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 47,910 shares of the company’s stock after selling 9,190 shares during the quarter. Bridgeway Capital Management LLC’s holdings in Vistra were worth $6,605,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of VST. Pathway Financial Advisers LLC lifted its holdings in shares of 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 lifted its holdings in Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after acquiring an additional 65 shares during the period. Founders Capital Management purchased a new stake in shares of Vistra during the 4th quarter worth $28,000. West Branch Capital LLC purchased a new stake 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 in the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Up 3.6 %

Shares of NYSE VST opened at $145.02 on Wednesday. The firm’s 50 day moving average price is $121.05 and its 200 day moving average price is $141.06. 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 firm has a market cap of $49.33 billion, a P/E ratio of 27.06, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 1 year low of $66.50 and a 1 year high of $199.84.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be given a $0.225 dividend. 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 0.62%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is currently 12.77%.

Insider Activity at Vistra

In related news, Director Paul M. Barbas sold 24,136 shares of the 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 transaction, the director now directly 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John William Pitesa purchased 1,500 shares of the stock in a transaction on Wednesday, March 12th. The shares were purchased at an average cost of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now owns 3,467 shares of the company’s stock, valued at $439,442.25. This trade represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. Insiders own 1.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on VST shares. JPMorgan Chase & Co. decreased their price objective on shares of Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a report on Friday, March 28th. Daiwa Capital Markets initiated coverage on Vistra in a report on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price target on the stock. Daiwa America raised Vistra to a “hold” rating in a report on Wednesday, March 5th. Evercore ISI initiated coverage on Vistra in a report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price on the stock. Finally, Bank of America raised Vistra from a “neutral” rating to a “buy” rating and cut their price target for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.