Prevail Innovative Wealth Advisors LLC Purchases Shares of 23,841 Vistra Corp. (NYSE:VST)

Prevail Innovative Wealth Advisors LLC acquired a new stake in Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 23,841 shares of the company’s stock, valued at approximately $3,287,000.

A number of other institutional investors have also added to or reduced their stakes in VST. Pathway Financial Advisers LLC grew its position in shares of Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 154 shares during the period. Avior Wealth Management LLC raised its position in shares of Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after purchasing an additional 65 shares during the period. Founders Capital Management bought a new position in Vistra in the 4th quarter valued at about $28,000. West Branch Capital LLC acquired a new stake in Vistra during the fourth quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in shares of Vistra during the fourth quarter worth approximately $28,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

VST has been the topic of several recent research reports. Daiwa Capital Markets initiated coverage on shares of Vistra in a report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 target price on the stock. JPMorgan Chase & Co. reduced their target price on Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a report on Friday. UBS Group boosted their price target on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. BMO Capital Markets increased their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Finally, Daiwa America upgraded shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $163.50.

Vistra Price Performance

Shares of VST opened at $119.05 on Friday. The business has a 50-day simple moving average of $147.39 and a two-hundred day simple moving average of $140.40. Vistra Corp. has a 12-month low of $64.26 and a 12-month high of $199.84. The stock has a market cap of $40.49 billion, a PE ratio of 22.21, a PEG ratio of 1.12 and a beta of 1.21. 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 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be given a dividend of $0.2235 per share. The ex-dividend date of this dividend is Thursday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.75%. Vistra’s dividend payout ratio (DPR) is currently 12.62%.

Insiders Place Their Bets

In other news, Director John William Pitesa purchased 1,500 shares of the 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 acquisition, the director now owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. This 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.

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.