Paul M. Barbas Sells 24,136 Shares of Vistra Corp. (NYSE:VST) Stock

Vistra Corp. (NYSE:VSTGet Free Report) 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 sale, the director now owns 51,063 shares of the company’s stock, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Vistra Stock Performance

Shares of Vistra stock opened at $124.42 on Friday. The business’s fifty day simple moving average is $155.96 and its 200-day simple moving average is $136.40. Vistra Corp. has a 52 week low of $60.73 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 firm has a market cap of $42.32 billion, a PE ratio of 23.21, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be paid a dividend of $0.2235 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.72%. Vistra’s dividend payout ratio is presently 12.62%.

Hedge Funds Weigh In On Vistra

Several hedge funds have recently bought and sold shares of the company. Centaurus Financial Inc. lifted its stake in Vistra by 213.4% during the 4th quarter. Centaurus Financial Inc. now owns 6,479 shares of the company’s stock worth $893,000 after acquiring an additional 4,412 shares in the last quarter. Anchor Pointe Wealth Management LLC acquired a new position in Vistra during the 4th quarter worth about $271,000. IronOak Wealth LLC. acquired a new position in Vistra during the 4th quarter worth about $862,000. Castle Rock Wealth Management LLC acquired a new position in Vistra during the 4th quarter worth about $562,000. Finally, Park Square Financial Group LLC acquired a new position in Vistra during the 4th quarter worth about $216,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Analyst Upgrades and Downgrades

VST has been the subject of several research reports. Evercore ISI started coverage on Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target for the company. Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and dropped their target price for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Daiwa Capital Markets started coverage on Vistra in a report on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 target price for the company. Daiwa America upgraded Vistra to a “hold” rating in a report on Wednesday, March 5th. Finally, Morgan Stanley upped their target price on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.83.

Check Out Our Latest Analysis on VST

About Vistra

(Get Free Report)

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.

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