Vistra Corp. (NYSE:VST) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. lowered its stake in shares of Vistra Corp. (NYSE:VST) by 3.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,914 shares of the company’s stock after selling 305 shares during the quarter. Foster & Motley Inc.’s holdings in Vistra were worth $343,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. CWM LLC raised its holdings in shares of Vistra by 58.8% in the fourth quarter. CWM LLC now owns 4,046 shares of the company’s stock worth $156,000 after buying an additional 1,498 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Vistra by 3.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 27,761 shares of the company’s stock worth $1,069,000 after acquiring an additional 1,044 shares during the last quarter. Lindbrook Capital LLC lifted its position in Vistra by 64.4% during the 4th quarter. Lindbrook Capital LLC now owns 840 shares of the company’s stock worth $32,000 after acquiring an additional 329 shares during the period. J.W. Cole Advisors Inc. purchased a new position in shares of Vistra in the fourth quarter worth about $255,000. Finally, Federated Hermes Inc. lifted its holdings in shares of Vistra by 40.0% during the fourth quarter. Federated Hermes Inc. now owns 2,057,091 shares of the company’s stock worth $79,239,000 after purchasing an additional 587,607 shares during the period. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Trading Up 2.9 %

Shares of Vistra stock opened at $70.46 on Thursday. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 4.26. Vistra Corp. has a twelve month low of $22.67 and a twelve month high of $75.89. The firm has a market capitalization of $24.51 billion, a PE ratio of 19.68 and a beta of 1.05. The firm’s 50-day moving average price is $62.02 and its 200 day moving average price is $45.81.

Vistra (NYSE:VST) last released its earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of $0.54 by ($1.02). Vistra had a net margin of 10.10% and a return on equity of 20.05%. The firm had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $5.48 billion. On average, sell-side analysts predict that Vistra Corp. will post 3.61 EPS for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Wednesday, March 20th were given a dividend of $0.215 per share. The ex-dividend date of this dividend was Tuesday, March 19th. This is a positive change from Vistra’s previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a yield of 1.22%. Vistra’s payout ratio is presently 24.02%.

Analysts Set New Price Targets

VST has been the subject of a number of recent research reports. Evercore ISI raised their price target on shares of Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Janney Montgomery Scott started coverage on shares of Vistra in a report on Thursday, April 18th. They issued a “buy” rating and a $82.00 price target on the stock. Morgan Stanley reissued an “overweight” rating and issued a $78.00 price objective on shares of Vistra in a report on Monday, March 25th. Finally, BMO Capital Markets raised their target price on Vistra from $52.00 to $60.00 and gave the stock an “outperform” rating in a report on Monday, March 4th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $67.20.

Insider Buying and Selling at Vistra

In other news, EVP Stephanie Zapata Moore sold 98,020 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the transaction, the executive vice president now directly owns 161,888 shares in the company, valued at approximately $9,470,448. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, EVP Stephanie Zapata Moore sold 98,020 shares of the business’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the transaction, the executive vice president now owns 161,888 shares of the company’s stock, valued at approximately $9,470,448. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Carrie Lee Kirby sold 72,748 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $62.63, for a total transaction of $4,556,207.24. Following the completion of the sale, the executive vice president now directly owns 184,201 shares of the company’s stock, valued at approximately $11,536,508.63. The disclosure for this sale can be found here. In the last quarter, insiders sold 257,285 shares of company stock worth $15,404,397. Insiders own 1.42% of the company’s stock.

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.