Vistra Corp. (NYSE:VST - Get Free Report) Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the sale, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Vistra Trading Down 3.2 %
Shares of Vistra stock opened at $117.98 on Friday. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. Vistra Corp. has a 1 year low of $60.73 and a 1 year high of $199.84. The firm has a market cap of $40.13 billion, a PE ratio of 22.01, a PEG ratio of 1.12 and a beta of 1.21. The company has a 50 day simple moving average of $156.60 and a two-hundred day simple moving average of $136.53.
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 dividend of $0.2235 per share. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date is Thursday, March 20th. Vistra's payout ratio is currently 12.62%.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on VST shares. Evercore ISI began coverage on Vistra in a research report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price target for the company. Daiwa Capital Markets began coverage on Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price for the company. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and decreased their price target for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Morgan Stanley raised their price objective on shares of Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a research report on Friday, November 22nd. Finally, UBS Group boosted their price objective on shares of Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $162.83.
View Our Latest Stock Analysis on Vistra
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pathway Financial Advisers LLC lifted its stake in Vistra by 616.0% during the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock worth $25,000 after purchasing an additional 154 shares during the last quarter. Avior Wealth Management LLC increased its position in shares of Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after purchasing an additional 65 shares during the last quarter. Founders Capital Management purchased a new position in shares of Vistra during the 4th quarter valued at about $28,000. West Branch Capital LLC bought a new stake in Vistra in the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in Vistra in the fourth quarter worth approximately $28,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.
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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