Fox Hill Wealth Management Purchases 322 Shares of Vistra Corp. (NYSE:VST)

Fox Hill Wealth Management boosted its position in Vistra Corp. (NYSE:VST) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,420 shares of the company’s stock after purchasing an additional 322 shares during the period. Vistra makes up approximately 1.7% of Fox Hill Wealth Management’s investment portfolio, making the stock its 13th biggest holding. Fox Hill Wealth Management’s holdings in Vistra were worth $2,953,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Apollon Wealth Management LLC purchased a new position in shares of Vistra during the third quarter worth approximately $231,000. OneDigital Investment Advisors LLC increased its position in shares of Vistra by 3.0% during the third quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company’s stock worth $333,000 after acquiring an additional 81 shares during the period. Natixis Advisors LLC increased its position in shares of Vistra by 57.2% during the third quarter. Natixis Advisors LLC now owns 102,853 shares of the company’s stock worth $12,192,000 after acquiring an additional 37,413 shares during the period. Mutual of America Capital Management LLC increased its position in shares of Vistra by 2.7% during the third quarter. Mutual of America Capital Management LLC now owns 42,298 shares of the company’s stock worth $5,014,000 after acquiring an additional 1,109 shares during the period. Finally, Quest Partners LLC increased its position in shares of Vistra by 88.6% during the third quarter. Quest Partners LLC now owns 8,745 shares of the company’s stock worth $1,037,000 after acquiring an additional 4,107 shares during the period. Institutional investors own 90.88% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VST. Morgan Stanley raised their target price on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and cut their price objective for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Daiwa America raised shares of Vistra to a “hold” rating in a report on Wednesday, March 5th. Evercore ISI started 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, UBS Group lifted their price objective on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a report on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, Vistra presently has an average rating of “Moderate Buy” and an average target price of $162.83.

Vistra Price Performance

NYSE VST opened at $124.54 on Wednesday. The firm’s fifty day simple moving average is $153.67 and its two-hundred day simple moving average is $137.99. 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 Corp. has a 12-month low of $62.12 and a 12-month high of $199.84. The firm has a market capitalization of $42.36 billion, a P/E ratio of 23.23, a P/E/G ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be issued a $0.2235 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.72%. The ex-dividend date is Thursday, March 20th. Vistra’s payout ratio is currently 12.62%.

Insiders Place Their Bets

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

About Vistra

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.