Vistra Corp. (NYSE:VST) Director Paul M. Barbas Sells 24,136 Shares

Vistra Corp. (NYSE:VSTGet Free Report) Director Paul M. Barbas sold 24,136 shares of the company’s stock in a transaction on 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 owns 51,063 shares in the company, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Vistra Trading Down 3.2 %

NYSE VST opened at $117.98 on Friday. The business’s fifty day moving average is $156.60 and its 200-day moving average is $136.53. 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 stock has a market capitalization of $40.13 billion, a price-to-earnings ratio of 22.01, a PEG ratio of 1.12 and a beta of 1.21. Vistra Corp. has a one year low of $60.73 and a one year high of $199.84.

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 given a $0.2235 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.76%. Vistra’s payout ratio is currently 12.62%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. State Street Corp raised its holdings in shares of Vistra by 6.8% in the 3rd quarter. State Street Corp now owns 16,355,255 shares of the company’s stock worth $1,938,752,000 after purchasing an additional 1,037,402 shares during the period. Geode Capital Management LLC raised its stake in shares of Vistra by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company’s stock valued at $1,174,326,000 after buying an additional 219,055 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of Vistra by 63.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company’s stock valued at $863,116,000 after buying an additional 2,433,732 shares during the last quarter. Janus Henderson Group PLC grew its stake in shares of Vistra by 36.0% during the 3rd quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company’s stock worth $448,320,000 after acquiring an additional 1,000,307 shares during the period. Finally, Northern Trust Corp grew its stake in shares of Vistra by 10.9% during the 4th quarter. Northern Trust Corp now owns 3,026,484 shares of the company’s stock worth $417,261,000 after acquiring an additional 296,714 shares during the period. 90.88% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on VST shares. Morgan Stanley upped their target price on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Evercore ISI started coverage on Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective for the company. Daiwa America raised Vistra to a “hold” rating in a research report on Wednesday, March 5th. BMO Capital Markets increased their price target on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, January 22nd. Finally, UBS Group raised their price objective on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, Vistra currently has a consensus rating of “Moderate Buy” and an average target price of $162.83.

View Our Latest Stock Analysis on VST

Vistra Company Profile

(Get Free Report)

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.

Further Reading

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