First National Trust Co Invests $821,000 in Vistra Corp. (NYSE:VST)

First National Trust Co purchased a new position in shares of Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,952 shares of the company’s stock, valued at approximately $821,000.

Several other large investors also recently made changes to their positions in the stock. Apollon Wealth Management LLC bought a new stake in Vistra during the 3rd quarter valued at approximately $231,000. Ashton Thomas Private Wealth LLC lifted its position in shares of Vistra by 8.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 4,488 shares of the company’s stock worth $532,000 after acquiring an additional 363 shares during the period. Prime Capital Investment Advisors LLC bought a new stake in shares of Vistra in the 3rd quarter worth approximately $247,000. Cable Hill Partners LLC bought a new stake in shares of Vistra in the 3rd quarter worth approximately $267,000. Finally, Plato Investment Management Ltd bought a new stake in shares of Vistra in the 3rd quarter worth approximately $235,000. Institutional investors own 90.88% of the company’s stock.

Insider Activity at Vistra

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

Vistra Trading Up 5.4 %

VST stock opened at $124.42 on Friday. The business has a fifty day moving average price of $155.96 and a 200 day moving average price of $136.40. Vistra Corp. has a fifty-two week low of $60.73 and a fifty-two week high of $199.84. The stock has a market capitalization of $42.32 billion, a price-to-earnings ratio of 23.21, a P/E/G ratio of 1.12 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99.

Vistra Increases Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have commented on VST shares. Daiwa America upgraded Vistra to a “hold” rating in a research report on Wednesday, March 5th. Evercore ISI started coverage on Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective for the company. Morgan Stanley increased their target price on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Daiwa Capital Markets started coverage on Vistra in a report on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 target price for the company. Finally, UBS Group increased their target price on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, Vistra currently has a consensus rating of “Moderate Buy” and a consensus price target of $162.83.

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.