13,099 Shares in Vistra Corp. (NYSE:VST) Purchased by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. purchased a new position in shares of Vistra Corp. (NYSE:VST) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 13,099 shares of the company’s stock, valued at approximately $1,806,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Avior Wealth Management LLC lifted its position in 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 buying an additional 65 shares in the last quarter. Pathway Financial Advisers LLC lifted 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 purchasing an additional 154 shares during the period. Founders Capital Management acquired a new position in Vistra during the 4th quarter valued at about $28,000. West Branch Capital LLC acquired a new position in Vistra during the 4th quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in Vistra during the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Activity

In other news, EVP Scott A. Hudson sold 115,000 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $164.16, for a total value of $18,878,400.00. Following the completion of the sale, the executive vice president now owns 254,932 shares of the company’s stock, valued at approximately $41,849,637.12. This represents a 31.09 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Scott B. Helm sold 20,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the sale, the director now directly owns 343,350 shares of the company’s stock, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their position. The disclosure for this sale can be found here. 1.42% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on VST shares. UBS Group upped their target price on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research report on Friday, January 3rd. BMO Capital Markets increased their target price on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 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 for the company. Evercore ISI assumed coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target for the company. Finally, Morgan Stanley raised their price target on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $171.64.

Vistra Trading Down 7.8 %

NYSE VST opened at $150.51 on Friday. The company has a market cap of $51.21 billion, a PE ratio of 28.08, a PEG ratio of 1.12 and a beta of 1.22. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. Vistra Corp. has a 12 month low of $46.18 and a 12 month high of $199.84. The stock has a 50 day moving average of $160.19 and a 200-day moving average of $132.33.

Vistra announced that its Board of Directors has initiated a stock repurchase plan on Thursday, November 7th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to buy up to 2.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Vistra Increases Dividend

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

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.