300 Shares in Vistra Corp. (NYSE:VST) Purchased by RPg Family Wealth Advisory LLC

RPg Family Wealth Advisory LLC acquired a new stake in shares of Vistra Corp. (NYSE:VST) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 300 shares of the company’s stock, valued at approximately $36,000.

Several other large investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Vistra in the 3rd quarter worth about $30,000. CVA Family Office LLC lifted its position in Vistra by 1,505.9% during the third quarter. CVA Family Office LLC now owns 273 shares of the company’s stock valued at $32,000 after buying an additional 256 shares in the last quarter. Redwood Wealth Management Group LLC purchased a new stake in Vistra during the second quarter worth approximately $26,000. ORG Wealth Partners LLC acquired a new stake in shares of Vistra in the third quarter worth $40,000. Finally, Fortitude Family Office LLC raised its stake in shares of Vistra by 125.0% in the 3rd quarter. Fortitude Family Office LLC now owns 360 shares of the company’s stock valued at $43,000 after acquiring an additional 200 shares during the period. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Trading Down 5.0 %

Shares of VST stock opened at $154.54 on Thursday. The business’s 50 day moving average is $129.97 and its two-hundred day moving average is $101.03. 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 Corp. has a 12 month low of $34.88 and a 12 month high of $168.67. The company has a market cap of $52.58 billion, a PE ratio of 28.83, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09.

Vistra announced that its board has authorized a share buyback plan on Thursday, November 7th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to repurchase up to 2.1% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 20th will be given a dividend of $0.221 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.57%. The ex-dividend date is Friday, December 20th. This is a boost from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is currently 16.42%.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Stephen J. Muscato sold 207,100 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $161.34, for a total transaction of $33,413,514.00. Following the completion of the transaction, the executive vice president now directly owns 318,287 shares in the company, valued at $51,352,424.58. This represents a 39.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Scott A. Hudson sold 115,000 shares of Vistra stock in a transaction on Monday, November 25th. The shares were sold at an average price of $164.16, for a total value of $18,878,400.00. Following the transaction, the executive vice president now directly owns 254,932 shares of the company’s stock, valued at approximately $41,849,637.12. The trade was a 31.09 % 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.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VST. UBS Group lowered their target price on Vistra from $157.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, October 22nd. Jefferies Financial Group increased their price objective on shares of Vistra from $99.00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, September 24th. BMO Capital Markets boosted their target price on shares of Vistra from $146.00 to $147.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 29th. Guggenheim raised their price target on shares of Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Finally, Morgan Stanley boosted their price objective on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Ten research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $149.10.

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.