Williamson Legacy Group LLC Sells 1,958 Shares of Vistra Corp. (NYSE:VST)

Williamson Legacy Group LLC lowered its position in Vistra Corp. (NYSE:VST) by 17.1% during the 4th quarter, Holdings Channel reports. The firm owned 9,513 shares of the company’s stock after selling 1,958 shares during the quarter. Vistra comprises approximately 0.9% of Williamson Legacy Group LLC’s investment portfolio, making the stock its 24th largest holding. Williamson Legacy Group LLC’s holdings in Vistra were worth $1,312,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Avior Wealth Management LLC grew its stake 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 purchasing an additional 65 shares in the last quarter. Pathway Financial Advisers LLC boosted its position in Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 154 shares in the last quarter. Founders Capital Management bought a new stake in Vistra during the 4th quarter valued at $28,000. West Branch Capital LLC bought a new stake in Vistra during the 4th quarter valued at $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in Vistra during the 4th quarter valued at $28,000. Institutional investors own 90.88% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on VST shares. BMO Capital Markets increased their target price on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, January 22nd. Bank of America started coverage on Vistra in a research report on Monday, January 27th. They set a “neutral” rating and a $206.00 target price on the stock. Morgan Stanley increased their target price on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. UBS Group increased their target price on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research report on Friday, January 3rd. Finally, Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $171.64.

Insider Buying and Selling

In other Vistra news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the completion of the transaction, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.42% of the stock is currently owned by company insiders.

Vistra Stock Performance

Shares of VST stock opened at $133.85 on Friday. The firm has a market capitalization of $45.54 billion, a price-to-earnings ratio of 24.97, a price-to-earnings-growth ratio of 1.12 and a beta of 1.22. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The business has a fifty day moving average of $160.25 and a 200 day moving average of $133.67. Vistra Corp. has a 1 year low of $53.02 and a 1 year high of $199.84.

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 $0.2235 dividend. 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 dividend on an annualized basis and a yield of 0.67%. Vistra’s dividend payout ratio (DPR) is 16.60%.

Vistra declared that its board has authorized a share buyback plan on Thursday, November 7th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to buy up to 2.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

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.