UP Strategic Wealth Investment Advisors LLC Sells 164 Shares of Vistra Corp. (NYSE:VST)

UP Strategic Wealth Investment Advisors LLC decreased its stake in shares of Vistra Corp. (NYSE:VST) by 7.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,002 shares of the company’s stock after selling 164 shares during the quarter. UP Strategic Wealth Investment Advisors LLC’s holdings in Vistra were worth $276,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Pathway Financial Advisers LLC increased its stake in 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. Avior Wealth Management LLC increased its position in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Founders Capital Management acquired a new position in Vistra during the 4th quarter worth approximately $28,000. West Branch Capital LLC bought a new position in Vistra in the fourth quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in Vistra in the fourth quarter valued at approximately $28,000. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Up 3.4 %

VST stock opened at $124.13 on Friday. Vistra Corp. has a 1-year low of $66.50 and a 1-year high of $199.84. The stock has a market cap of $42.22 billion, a P/E ratio of 23.16, a P/E/G ratio of 1.12 and a beta of 1.21. The stock’s fifty day simple moving average is $123.72 and its two-hundred day simple moving average is $140.64. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

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

Wall Street Analysts Forecast Growth

VST has been the topic of a number of research reports. Bank of America raised Vistra from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. BMO Capital Markets raised their price objective on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Daiwa Capital Markets began coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 target price for the company. Evercore ISI started coverage on shares of Vistra in a report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price on the stock. Finally, Daiwa America upgraded Vistra to a “hold” rating in a research note on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $166.17.

Insiders Place Their Bets

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

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.