15,673 Shares in Vistra Corp. (NYSE:VST) Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA acquired a new position in shares of Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 15,673 shares of the company’s stock, valued at approximately $2,070,000.

Other large investors have also recently modified their holdings of the company. Avior Wealth Management LLC raised its stake in shares of Vistra by 56.5% during 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 raised its stake in shares of Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after acquiring an additional 154 shares in the last quarter. Founders Capital Management acquired a new position in Vistra during the 4th quarter valued at approximately $28,000. West Branch Capital LLC acquired a new position in Vistra during the 4th quarter valued at approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in Vistra during the 4th quarter valued at approximately $28,000. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

Shares of NYSE VST opened at $150.51 on Monday. The company’s fifty day moving average price is $160.19 and its 200 day moving average price is $132.74. Vistra Corp. has a 1 year low of $46.18 and a 1 year high of $199.84. The company has a market capitalization of $51.21 billion, a PE ratio of 28.08, 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 quick ratio of 0.99 and a current ratio of 1.11.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be issued a dividend of $0.2235 per share. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.59%. Vistra’s dividend payout ratio is 16.60%.

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

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were 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 directly owns 343,350 shares in the company, valued at approximately $47,990,029.50. This represents a 5.50 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.42% of the stock is currently owned by insiders.

Vistra 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.