Mutual of America Capital Management LLC Sells 1,546 Shares of Vistra Corp. (NYSE:VST)

Mutual of America Capital Management LLC cut its holdings in shares of Vistra Corp. (NYSE:VST) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,752 shares of the company’s stock after selling 1,546 shares during the period. Mutual of America Capital Management LLC’s holdings in Vistra were worth $5,618,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC lifted its holdings in Vistra by 56.5% during the fourth 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 lifted its holdings in shares of Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 154 shares in the last quarter. Founders Capital Management bought a new stake in shares of Vistra in the fourth quarter valued at about $28,000. West Branch Capital LLC bought a new stake in shares of Vistra in the fourth quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vistra in the fourth quarter valued at about $28,000. 90.88% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the transaction, the director now owns 343,350 shares of the company’s stock, valued at $47,990,029.50. The trade was a 5.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.42% of the company’s stock.

Vistra Price Performance

Shares of NYSE VST opened at $123.79 on Tuesday. The business’s 50 day moving average price is $160.13 and its two-hundred day moving average price is $134.83. The company has a market cap of $42.12 billion, a PE ratio of 23.10, a price-to-earnings-growth ratio of 1.12 and a beta of 1.22. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. Vistra Corp. has a twelve month low of $55.28 and a twelve month high of $199.84.

Vistra declared that its board has approved a stock repurchase plan on Thursday, November 7th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to buy up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be given a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date is Thursday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is 16.60%.

Analyst Upgrades and Downgrades

VST has been the topic of a number of research reports. BMO Capital Markets boosted their price target on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a report on Wednesday, January 22nd. Bank of America initiated coverage on Vistra in a report on Monday, January 27th. They issued a “neutral” rating and a $206.00 price target on the stock. Morgan Stanley boosted their price target on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. Evercore ISI initiated coverage on Vistra in a report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target on the stock. Finally, UBS Group upped their target price on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. One equities research 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $171.64.

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.