Dana Investment Advisors Inc. boosted its position in Vistra Corp. (NYSE:VST – Free Report) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,229 shares of the company’s stock after buying an additional 191 shares during the period. Dana Investment Advisors Inc.’s holdings in Vistra were worth $1,410,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of VST. Avior Wealth Management LLC lifted its holdings in Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after buying an additional 65 shares during the period. Pathway Financial Advisers LLC raised its holdings in shares of Vistra by 616.0% during 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 during the period. Founders Capital Management acquired a new position in shares of Vistra during the fourth quarter valued at about $28,000. West Branch Capital LLC acquired a new position in shares of Vistra during the fourth quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vistra during the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 90.88% of the company’s stock.
Insiders Place Their Bets
In other Vistra news, Director Scott B. Helm sold 20,000 shares of the company’s 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 sale, the director now directly owns 343,350 shares of the company’s stock, 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 SEC, which is accessible through the SEC website. 1.42% of the stock is currently owned by insiders.
Vistra Trading Down 0.4 %
Vistra Increases Dividend
The company also recently disclosed 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 represents a $0.89 dividend on an annualized basis and a yield of 0.78%. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. Vistra’s dividend payout ratio is presently 12.62%.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on VST. Daiwa Capital Markets began coverage on shares of Vistra in a report on Wednesday. They set a “neutral” rating and a $120.00 price objective on the stock. Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Daiwa America upgraded shares of Vistra to a “hold” rating in a report on Wednesday. Evercore ISI began coverage on shares of Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective on the stock. Finally, BMO Capital Markets upped their price objective on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a report on Wednesday, January 22nd. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $162.83.
View Our Latest Research Report on VST
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.
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