Signaturefd LLC Boosts Stock Position in Vistra Corp. (NYSE:VST)

Signaturefd LLC increased its position in shares of Vistra Corp. (NYSE:VST) by 34.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,513 shares of the company’s stock after purchasing an additional 909 shares during the quarter. Signaturefd LLC’s holdings in Vistra were worth $484,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in VST. Avior Wealth Management LLC lifted its stake 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 purchasing an additional 65 shares during the last quarter. Pathway Financial Advisers LLC lifted its stake in Vistra by 616.0% during the 4th 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 position in Vistra during the 4th quarter worth about $28,000. West Branch Capital LLC acquired a new position in Vistra during the 4th quarter worth about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in Vistra during the 4th quarter worth about $28,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VST has been the topic of several research reports. Bank of America raised Vistra from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Daiwa America upgraded Vistra to a “hold” rating in a report on Wednesday, March 5th. Evercore ISI began coverage on Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target on the stock. Daiwa Capital Markets began coverage on Vistra in a report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target on the stock. Finally, BMO Capital Markets upped their price target on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $162.83.

Vistra Trading Up 1.9 %

VST opened at $132.26 on Friday. Vistra Corp. has a one year low of $64.26 and a one year high of $199.84. The company has a market cap of $44.99 billion, a P/E ratio of 24.68, a PEG ratio of 1.12 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The business’s 50-day simple moving average is $152.47 and its 200-day simple moving average is $137.89.

Vistra Increases Dividend

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

Insider Activity at Vistra

In other news, Director John William Pitesa bought 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average cost of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now directly owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the sale, the director now directly owns 51,063 shares of the company’s stock, valued at approximately $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. 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.