GWN Securities Inc. Buys Shares of 2,335 Vistra Corp. (NYSE:VST)

GWN Securities Inc. bought a new stake in shares of Vistra Corp. (NYSE:VST) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,335 shares of the company’s stock, valued at approximately $322,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Sovereign Investment Advisors LLC bought a new stake in Vistra during the 4th quarter valued at $325,000. Harbour Investments Inc. increased its position in shares of Vistra by 25.9% during the 4th quarter. Harbour Investments Inc. now owns 1,209 shares of the company’s stock valued at $167,000 after purchasing an additional 249 shares during the period. Corient Private Wealth LLC increased its position in shares of Vistra by 6.0% during the 4th quarter. Corient Private Wealth LLC now owns 136,330 shares of the company’s stock valued at $18,796,000 after purchasing an additional 7,772 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in shares of Vistra by 94.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 10,717 shares of the company’s stock valued at $1,478,000 after purchasing an additional 5,216 shares during the period. Finally, Choate Investment Advisors increased its position in shares of Vistra by 4.1% during the 4th quarter. Choate Investment Advisors now owns 6,002 shares of the company’s stock valued at $828,000 after purchasing an additional 236 shares during the period. Institutional investors own 90.88% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on VST. Morgan Stanley lifted their target price on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. BMO Capital Markets lifted their target price on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Daiwa America upgraded Vistra to a “hold” rating in a report on Wednesday, March 5th. Evercore ISI began 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, Daiwa Capital Markets began coverage on Vistra in a report on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Vistra has an average rating of “Moderate Buy” and a consensus price target of $162.83.

Insider Buying and Selling at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction dated 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 owns 51,063 shares in the company, 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 document filed with the SEC, which is available through the SEC website. Also, Director John William Pitesa bought 1,500 shares of the stock in a transaction on Wednesday, March 12th. The stock was purchased at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the purchase, the director now directly owns 3,467 shares of the company’s stock, valued at approximately $439,442.25. This represents a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.42% of the company’s stock.

Vistra Stock Performance

Shares of NYSE VST opened at $126.12 on Tuesday. The business’s 50-day moving average price is $154.45 and its two-hundred day moving average price is $137.71. 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 one year low of $60.86 and a one year high of $199.84. The company has a market capitalization of $42.90 billion, a P/E ratio of 23.53, 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. Shareholders of record on Thursday, March 20th will be paid a $0.2235 dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a yield of 0.71%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is 12.62%.

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.