Vistra Corp. (NYSE:VST) Shares Sold by US Bancorp DE

US Bancorp DE reduced its position in Vistra Corp. (NYSE:VSTGet Rating) by 1.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 69,794 shares of the company’s stock after selling 953 shares during the quarter. US Bancorp DE’s holdings in Vistra were worth $1,622,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Pinnacle Wealth Planning Services Inc. lifted its stake in shares of Vistra by 4.9% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 9,542 shares of the company’s stock valued at $222,000 after purchasing an additional 443 shares in the last quarter. Hudson Capital Management LLC lifted its stake in shares of Vistra by 0.4% in the 1st quarter. Hudson Capital Management LLC now owns 112,598 shares of the company’s stock valued at $2,618,000 after purchasing an additional 501 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vistra by 9.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 6,783 shares of the company’s stock valued at $158,000 after purchasing an additional 564 shares in the last quarter. Alpha Cubed Investments LLC lifted its stake in shares of Vistra by 5.5% in the 1st quarter. Alpha Cubed Investments LLC now owns 11,600 shares of the company’s stock valued at $270,000 after purchasing an additional 600 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its stake in shares of Vistra by 1.2% in the 1st quarter. Wedbush Securities Inc. now owns 57,421 shares of the company’s stock valued at $1,335,000 after purchasing an additional 665 shares in the last quarter. 92.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Vistra

In other Vistra news, CFO James A. Burke acquired 10,000 shares of the company’s stock in a transaction on Monday, June 13th. The shares were bought at an average cost of $24.05 per share, for a total transaction of $240,500.00. Following the acquisition, the chief financial officer now directly owns 379,260 shares of the company’s stock, valued at $9,121,203. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Vistra news, CFO James A. Burke acquired 10,000 shares of the company’s stock in a transaction on Monday, June 13th. The shares were bought at an average cost of $24.05 per share, for a total transaction of $240,500.00. Following the acquisition, the chief financial officer now directly owns 379,260 shares of the company’s stock, valued at $9,121,203. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Scott B. Helm acquired 20,000 shares of the company’s stock in a transaction on Tuesday, June 14th. The shares were acquired at an average price of $23.16 per share, for a total transaction of $463,200.00. Following the completion of the acquisition, the director now directly owns 288,201 shares in the company, valued at $6,674,735.16. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 62,300 shares of company stock worth $1,441,460. 1.47% of the stock is currently owned by company insiders.

Vistra Stock Performance

Shares of NYSE:VST opened at $24.96 on Monday. The company has a market cap of $10.39 billion, a P/E ratio of -9.87 and a beta of 0.89. The company has a debt-to-equity ratio of 3.51, a quick ratio of 1.00 and a current ratio of 1.05. Vistra Corp. has a one year low of $16.51 and a one year high of $27.39. The business’s 50-day simple moving average is $24.11 and its 200 day simple moving average is $23.96.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Wednesday, September 21st will be issued a dividend of $0.184 per share. This is an increase from Vistra’s previous quarterly dividend of $0.18. This represents a $0.74 annualized dividend and a dividend yield of 2.95%. The ex-dividend date is Tuesday, September 20th. Vistra’s dividend payout ratio (DPR) is presently -28.06%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on VST shares. TheStreet lowered Vistra from a “b-” rating to a “c+” rating in a research note on Tuesday, July 5th. Morgan Stanley raised their target price on Vistra from $32.00 to $33.00 and gave the company an “overweight” rating in a report on Tuesday, August 23rd.

Vistra Company Profile

(Get Rating)

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 20 states in the United States and the District of Columbia.

Further Reading

Want to see what other hedge funds are holding VST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vistra Corp. (NYSE:VSTGet Rating).

Institutional Ownership by Quarter for Vistra (NYSE:VST)

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