2,006 Shares in Vistra Corp. (NYSE:VST) Purchased by Lionsbridge Wealth Management LLC

Lionsbridge Wealth Management LLC bought a new stake in Vistra Corp. (NYSE:VST) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 2,006 shares of the company’s stock, valued at approximately $277,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of VST. Forum Financial Management LP boosted its stake in shares of Vistra by 0.7% in the third quarter. Forum Financial Management LP now owns 11,527 shares of the company’s stock valued at $1,366,000 after purchasing an additional 80 shares during the period. Umpqua Bank boosted its position in Vistra by 2.2% in the 3rd quarter. Umpqua Bank now owns 3,780 shares of the company’s stock valued at $448,000 after buying an additional 81 shares during the period. OneDigital Investment Advisors LLC increased its position in shares of Vistra by 3.0% during the third quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company’s stock worth $333,000 after acquiring an additional 81 shares during the period. Douglass Winthrop Advisors LLC raised its stake in shares of Vistra by 0.9% in the third quarter. Douglass Winthrop Advisors LLC now owns 11,335 shares of the company’s stock valued at $1,344,000 after acquiring an additional 100 shares in the last quarter. Finally, Fiduciary Financial Group LLC increased its holdings in Vistra by 4.1% during the 4th quarter. Fiduciary Financial Group LLC now owns 2,651 shares of the company’s stock worth $365,000 after purchasing an additional 105 shares during the period. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Stock Performance

NYSE VST opened at $171.10 on Monday. The business’s 50-day moving average price is $151.89 and its 200 day moving average price is $117.17. Vistra Corp. has a 52-week low of $39.08 and a 52-week high of $178.40. The firm has a market cap of $58.21 billion, a P/E ratio of 31.92, a P/E/G ratio of 1.56 and a beta of 1.21. 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 declared that its Board of Directors has initiated a share buyback 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 leadership believes its stock is undervalued.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 20th were issued a dividend of $0.221 per share. The ex-dividend date of this dividend was Friday, December 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.88 annualized dividend and a dividend yield of 0.52%. Vistra’s dividend payout ratio (DPR) is currently 16.60%.

Insider Buying and Selling at Vistra

In other Vistra news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction that occurred 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 sale, the director now owns 343,350 shares of the company’s stock, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Stephen J. Muscato sold 207,100 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $161.34, for a total value of $33,413,514.00. Following the transaction, the executive vice president now directly owns 318,287 shares of the company’s stock, valued at approximately $51,352,424.58. This trade represents a 39.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VST. BMO Capital Markets boosted their price objective on Vistra from $146.00 to $147.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 29th. UBS Group increased their price objective on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research report on Friday, January 3rd. Jefferies Financial Group lifted their price objective on shares of Vistra from $99.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Morgan Stanley increased their target price on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. Finally, JPMorgan Chase & Co. started coverage on Vistra in a report on Thursday, October 17th. They set an “overweight” rating and a $178.00 price target for the company. Ten analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $151.50.

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.