Sei Investments Co. Sells 46,625 Shares of Vistra Corp. (NYSE:VST)

Sei Investments Co. lessened its position in Vistra Corp. (NYSE:VST) by 11.0% in the 4th quarter, Holdings Channel reports. The firm owned 377,343 shares of the company’s stock after selling 46,625 shares during the period. Sei Investments Co.’s holdings in Vistra were worth $52,026,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Avior Wealth Management LLC increased its position in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Pathway Financial Advisers LLC increased 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 worth $25,000 after acquiring an additional 154 shares in the last quarter. Founders Capital Management acquired a new stake in shares of Vistra during the fourth quarter worth about $28,000. West Branch Capital LLC bought a new position in shares of Vistra during the 4th quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vistra in the 4th quarter valued at approximately $28,000. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

VST opened at $130.75 on Monday. 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 12-month low of $64.26 and a 12-month high of $199.84. The business has a 50 day moving average of $151.74 and a 200-day moving average of $139.08. The stock has a market cap of $44.47 billion, a price-to-earnings ratio of 24.39, a PEG ratio of 1.12 and a beta of 1.21.

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 dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a yield of 0.68%. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra’s payout ratio is 12.62%.

Insider Buying and Selling at Vistra

In related news, Director John William Pitesa purchased 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the purchase, the director now owns 3,467 shares in the company, valued at approximately $439,442.25. This represents a 76.26 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of the firm’s stock in a transaction that occurred 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 sale, the director now owns 51,063 shares of the company’s stock, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on VST shares. Daiwa Capital Markets assumed coverage on shares of Vistra in a report on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price target for the company. BMO Capital Markets increased their target price on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. UBS Group boosted their price target on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a report on Friday, January 3rd. Daiwa America upgraded Vistra to a “hold” rating in a report on Wednesday, March 5th. Finally, Evercore ISI began coverage on Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price on the stock. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $162.83.

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.