Whittier Trust Co. Buys 274 Shares of Vistra Corp. (NYSE:VST)

Whittier Trust Co. raised its stake in shares of Vistra Corp. (NYSE:VST) by 1,611.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 291 shares of the company’s stock after purchasing an additional 274 shares during the period. Whittier Trust Co.’s holdings in Vistra were worth $40,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of VST. Avior Wealth Management LLC increased its holdings in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after acquiring an additional 65 shares in the last quarter. Pathway Financial Advisers LLC boosted its position in shares of 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 purchasing an additional 154 shares during the period. Founders Capital Management purchased a new stake in shares of Vistra in the fourth quarter worth $28,000. West Branch Capital LLC bought a new stake in shares of Vistra during the 4th quarter valued at $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in Vistra in the 4th quarter worth $28,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling at Vistra

In other news, Director John William Pitesa bought 1,500 shares of Vistra 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 completion of the purchase, the director now owns 3,467 shares in the company, valued at $439,442.25. The trade was a 76.26 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $124.19, for a total transaction 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 represents a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.42% of the company’s stock.

Vistra Stock Performance

Shares of NYSE:VST opened at $134.97 on Tuesday. The firm has a fifty day simple moving average of $151.19 and a two-hundred day simple moving average of $139.50. Vistra Corp. has a 52 week low of $64.26 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 stock has a market capitalization of $45.91 billion, a P/E ratio of 25.18, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.2235 per share. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.66%. The ex-dividend date is Thursday, March 20th. Vistra’s payout ratio is presently 12.62%.

Wall Street Analyst Weigh In

VST has been the topic of a number of recent analyst reports. 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. BMO Capital Markets lifted their target price on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Daiwa America upgraded Vistra to a “hold” rating in a research note on Wednesday, March 5th. Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, Evercore ISI initiated coverage on shares of Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 target price for the company. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price 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.