1,939 Shares in Vistra Corp. (NYSE:VST) Bought by West Michigan Advisors LLC

West Michigan Advisors LLC purchased a new stake in Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,939 shares of the company’s stock, valued at approximately $267,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. US Bancorp DE grew its holdings in shares of Vistra by 34.5% during the fourth quarter. US Bancorp DE now owns 21,786 shares of the company’s stock valued at $3,004,000 after buying an additional 5,593 shares during the last quarter. Dynasty Wealth Management LLC lifted its position in Vistra by 11.2% in the 4th quarter. Dynasty Wealth Management LLC now owns 2,161 shares of the company’s stock valued at $298,000 after acquiring an additional 218 shares in the last quarter. Private Trust Co. NA boosted its stake in Vistra by 168.8% during the 4th quarter. Private Trust Co. NA now owns 1,742 shares of the company’s stock valued at $240,000 after purchasing an additional 1,094 shares during the last quarter. First American Bank increased its holdings in Vistra by 25.1% during the 4th quarter. First American Bank now owns 18,845 shares of the company’s stock worth $2,598,000 after purchasing an additional 3,777 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its stake in shares of Vistra by 633.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,171 shares of the company’s stock worth $299,000 after purchasing an additional 1,875 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Vistra Trading Up 3.0 %

Shares of VST stock opened at $133.85 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The firm has a market cap of $45.54 billion, a P/E ratio of 24.97, a PEG ratio of 1.12 and a beta of 1.22. The company has a 50 day moving average of $160.13 and a 200-day moving average of $134.44. Vistra Corp. has a 12-month low of $53.02 and a 12-month high of $199.84.

Vistra declared that its board has authorized a share repurchase plan on Thursday, November 7th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to purchase 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 shares are undervalued.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be given a $0.2235 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date is Thursday, March 20th. Vistra’s dividend payout ratio (DPR) is currently 16.60%.

Insider Buying and Selling at Vistra

In other news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the transaction, the director now owns 343,350 shares in the company, valued at $47,990,029.50. This trade represents a 5.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.42% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on VST. Evercore ISI assumed coverage on Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 target price on the stock. BMO Capital Markets upped their target price on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Bank of America began coverage on shares of Vistra in a report on Monday, January 27th. They issued a “neutral” rating and a $206.00 target price for the company. UBS Group upped their price objective on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. Finally, Morgan Stanley lifted their target price on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $171.64.

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.