1,715 Shares in Vistra Corp. (NYSE:VST) Bought by Doliver Advisors LP

Doliver Advisors LP bought a new position in shares of Vistra Corp. (NYSE:VST) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,715 shares of the company’s stock, valued at approximately $236,000.

Other hedge funds also recently bought and sold shares of the company. Central Pacific Bank Trust Division bought a new stake in Vistra during the 4th quarter valued at approximately $488,000. Modus Advisors LLC bought a new stake in shares of Vistra in the fourth quarter valued at approximately $2,639,000. GAMMA Investing LLC grew its stake in shares of Vistra by 15.3% in the fourth quarter. GAMMA Investing LLC now owns 5,806 shares of the company’s stock worth $800,000 after acquiring an additional 772 shares during the last quarter. Versant Capital Management Inc increased its position in Vistra by 95.7% during the fourth quarter. Versant Capital Management Inc now owns 321 shares of the company’s stock worth $44,000 after acquiring an additional 157 shares during the period. Finally, B. Riley Wealth Advisors Inc. raised its stake in Vistra by 94.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 4,853 shares of the company’s stock valued at $622,000 after purchasing an additional 2,355 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Scott B. Helm sold 20,000 shares of the 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 sale, the director now directly owns 343,350 shares in the company, valued at $47,990,029.50. This represents a 5.50 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Scott A. Hudson sold 115,000 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $164.16, for a total value of $18,878,400.00. Following the sale, the executive vice president now directly owns 254,932 shares of the company’s stock, valued at $41,849,637.12. This represents a 31.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on VST shares. Royal Bank of Canada boosted their price objective on shares of Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. Guggenheim upped their price target on Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. UBS Group raised their price objective on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research report on Friday. BMO Capital Markets boosted their price objective on Vistra from $146.00 to $147.00 and gave the company an “outperform” rating in a research report on Tuesday, October 29th. Finally, Morgan Stanley raised their target price on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Ten equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $151.50.

Vistra Stock Up 1.0 %

Shares of NYSE VST opened at $163.96 on Tuesday. Vistra Corp. has a 52-week low of $38.08 and a 52-week high of $168.67. 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 has a fifty day moving average of $144.63 and a two-hundred day moving average of $112.18. The stock has a market cap of $55.78 billion, a PE ratio of 30.59, a PEG ratio of 1.86 and a beta of 1.21.

Vistra announced that its board has authorized a stock repurchase plan on Thursday, November 7th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 2.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th were given a $0.221 dividend. The ex-dividend date of this dividend was Friday, December 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.88 dividend on an annualized basis and a yield of 0.54%. Vistra’s payout ratio is 16.42%.

Vistra 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.