Vistra Corp. (NYSE:VST) Shares Sold by Kendall Capital Management

Kendall Capital Management lessened its stake in shares of Vistra Corp. (NYSE:VST) by 28.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,770 shares of the company’s stock after selling 3,105 shares during the quarter. Kendall Capital Management’s holdings in Vistra were worth $1,071,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VST. Farther Finance Advisors LLC raised its stake in shares of Vistra by 28.6% during the third quarter. Farther Finance Advisors LLC now owns 2,120 shares of the company’s stock worth $251,000 after purchasing an additional 471 shares during the last quarter. Galvin Gaustad & Stein LLC purchased a new stake in shares of Vistra during the third quarter worth approximately $238,000. Seascape Capital Management purchased a new stake in shares of Vistra during the third quarter worth approximately $205,000. Bridges Investment Management Inc. purchased a new stake in shares of Vistra during the third quarter worth approximately $239,000. Finally, Carmel Capital Partners LLC purchased a new stake in shares of Vistra during the third quarter worth approximately $268,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Analyst Upgrades and Downgrades

VST has been the subject of several analyst reports. BMO Capital Markets upped their price target on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Morgan Stanley increased their price objective on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Daiwa America upgraded Vistra to a “hold” rating in a research report on Wednesday. Daiwa Capital Markets began coverage on Vistra in a research report on Wednesday. They issued a “neutral” rating and a $120.00 price objective for the company. Finally, Evercore ISI began 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. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $162.83.

Vistra Stock Down 0.4 %

VST opened at $113.96 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The firm has a market cap of $38.77 billion, a P/E ratio of 21.26, a PEG ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 52 week low of $57.50 and a 52 week high of $199.84. The business’s fifty day simple moving average is $158.02 and its 200 day simple moving average is $135.87.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be paid a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 0.78%. This is a positive change 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 (DPR) is presently 12.62%.

Insiders Place Their Bets

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the sale, the director now directly owns 343,350 shares of the company’s stock, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.42% of the stock is owned by corporate insiders.

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.