Vistra Corp. (NYSE:VST) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its position in Vistra Corp. (NYSE:VST) by 38.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,079,844 shares of the company’s stock after selling 675,879 shares during the period. Thrivent Financial for Lutherans owned about 0.32% of Vistra worth $148,878,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Axxcess Wealth Management LLC raised its holdings in Vistra by 15.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 7,208 shares of the company’s stock valued at $994,000 after acquiring an additional 948 shares during the last quarter. Signaturefd LLC increased its stake in Vistra by 34.9% in the fourth quarter. Signaturefd LLC now owns 3,513 shares of the company’s stock valued at $484,000 after purchasing an additional 909 shares during the last quarter. Parallel Advisors LLC lifted its position in Vistra by 30.3% during the fourth quarter. Parallel Advisors LLC now owns 2,620 shares of the company’s stock worth $361,000 after buying an additional 609 shares during the period. Cibc World Markets Corp boosted its stake in Vistra by 18.2% in the 4th quarter. Cibc World Markets Corp now owns 55,330 shares of the company’s stock worth $7,628,000 after buying an additional 8,514 shares during the last quarter. Finally, GWN Securities Inc. purchased a new stake in Vistra in the 4th quarter valued at about $322,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Trading Up 1.3 %

Shares of VST opened at $126.12 on Tuesday. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. Vistra Corp. has a 12 month low of $60.86 and a 12 month high of $199.84. The stock has a market cap of $42.90 billion, a PE ratio of 23.53, a P/E/G ratio of 1.12 and a beta of 1.21. The stock’s 50-day moving average is $154.45 and its two-hundred day moving average is $137.71.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be given a $0.2235 dividend. This is an increase 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 0.71%. Vistra’s dividend payout ratio (DPR) is 12.62%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. BMO Capital Markets increased their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Daiwa Capital Markets began coverage on shares of Vistra in a research note on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target on the stock. Daiwa America upgraded shares of Vistra to a “hold” rating in a report on Wednesday, March 5th. Evercore ISI assumed coverage on Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price on the stock. Finally, Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and reduced their target price for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.83.

Insider Transactions at Vistra

In other Vistra news, Director John William Pitesa bought 1,500 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the transaction, the director now owns 3,467 shares in the company, valued at $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction dated 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 transaction, the director now directly owns 51,063 shares of the company’s stock, valued at $6,341,513.97. This represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.42% of the company’s stock.

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.