PFG Advisors Invests $238,000 in Vistra Corp. (NYSE:VST)

PFG Advisors purchased a new stake in shares of Vistra Corp. (NYSE:VST) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,727 shares of the company’s stock, valued at approximately $238,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Avior Wealth Management LLC raised its holdings in Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after acquiring an additional 65 shares during the period. Pathway Financial Advisers LLC grew its position in shares of Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 154 shares in the last quarter. Founders Capital Management bought a new stake in shares of Vistra during the 4th quarter valued at $28,000. West Branch Capital LLC purchased a new stake in Vistra during the 4th quarter worth about $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in Vistra in the 4th quarter worth about $28,000. 90.88% of the stock is owned by institutional investors.

Vistra Stock Performance

Vistra stock opened at $124.42 on Friday. The firm has a fifty day simple moving average of $155.20 and a two-hundred day simple moving average of $137.04. Vistra Corp. has a twelve month low of $60.86 and a twelve month high of $199.84. The company has a market capitalization of $42.32 billion, a PE ratio of 23.21, a P/E/G ratio of 1.12 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 Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be given a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a yield of 0.72%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra’s dividend payout ratio (DPR) is presently 12.62%.

Insiders Place Their Bets

In other news, Director Paul M. Barbas sold 24,136 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the transaction, the director now owns 51,063 shares in the company, valued at approximately $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John William Pitesa purchased 1,500 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average price of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, the director now directly owns 3,467 shares in the company, valued at $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Daiwa America upgraded Vistra to a “hold” rating in a research report on Wednesday, March 5th. 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 report on Wednesday, January 22nd. Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and cut their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Morgan Stanley upped their price target on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Finally, Evercore ISI initiated coverage on Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $162.83.

About Vistra

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.