Vistra Corp. (NYSE:VST) Shares Acquired by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC increased its position in Vistra Corp. (NYSE:VST) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,651 shares of the company’s stock after acquiring an additional 105 shares during the period. Fiduciary Financial Group LLC’s holdings in Vistra were worth $365,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Empire Life Investments Inc. acquired a new stake in Vistra during the 3rd quarter valued at $23,028,000. Retirement Systems of Alabama grew its holdings in Vistra by 9.6% during the 3rd quarter. Retirement Systems of Alabama now owns 78,965 shares of the company’s stock valued at $9,361,000 after buying an additional 6,920 shares during the last quarter. Terra Nova Asset Management LLC acquired a new stake in Vistra during the 3rd quarter valued at $842,000. Czech National Bank grew its holdings in Vistra by 12.4% during the 3rd quarter. Czech National Bank now owns 69,987 shares of the company’s stock valued at $8,296,000 after buying an additional 7,747 shares during the last quarter. Finally, First Sabrepoint Capital Management LP acquired a new stake in Vistra during the 3rd quarter valued at $17,781,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on VST shares. UBS Group increased their target price on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a report on Friday, January 3rd. Royal Bank of Canada increased their price target on Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. Guggenheim increased their price target on Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. BMO Capital Markets increased their price target on Vistra from $146.00 to $147.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 29th. Finally, Jefferies Financial Group increased their price target on Vistra from $99.00 to $137.00 and gave the stock a “buy” rating in a research note on Tuesday, September 24th. Ten research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $151.50.

Insider Buying and Selling

In related news, Director Scott B. Helm sold 20,000 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the sale, the director now directly owns 343,350 shares in the company, valued at approximately $47,990,029.50. This represents a 5.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Scott A. Hudson sold 115,000 shares of the 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 completion of the sale, the executive vice president now owns 254,932 shares of the company’s stock, valued at approximately $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. In 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 company insiders.

Vistra Trading Up 5.0 %

Shares of VST opened at $170.21 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The firm has a market capitalization of $57.91 billion, a P/E ratio of 31.76, a price-to-earnings-growth ratio of 1.86 and a beta of 1.21. The stock’s fifty day simple moving average is $148.72 and its 200 day simple moving average is $114.84. Vistra Corp. has a twelve month low of $38.95 and a twelve month high of $175.00.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 20th were given a $0.221 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.88 annualized dividend and a dividend yield of 0.52%. The ex-dividend date was Friday, December 20th. Vistra’s dividend payout ratio (DPR) is 16.42%.

Vistra announced that its Board of Directors has authorized a stock repurchase plan on Thursday, November 7th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to purchase up to 2.1% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

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.