Fox Hill Wealth Management Boosts Holdings in Vistra Corp. (NYSE:VST)

Fox Hill Wealth Management raised its holdings in Vistra Corp. (NYSE:VST) by 1.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 21,420 shares of the company’s stock after acquiring an additional 322 shares during the period. Vistra accounts for 1.7% of Fox Hill Wealth Management’s holdings, making the stock its 13th biggest holding. Fox Hill Wealth Management’s holdings in Vistra were worth $2,953,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in VST. Avior Wealth Management LLC raised its holdings 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 acquiring an additional 65 shares during the last quarter. Pathway Financial Advisers LLC increased its holdings in shares of Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 154 shares during the last quarter. Founders Capital Management acquired a new stake in shares of Vistra during the 4th quarter worth approximately $28,000. West Branch Capital LLC acquired a new stake in shares of Vistra during the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Vistra during the 4th quarter worth approximately $28,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director now owns 51,063 shares of the company’s stock, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director John William Pitesa acquired 1,500 shares of Vistra stock in a transaction dated 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 completion of the acquisition, the director now directly owns 3,467 shares in the company, valued at approximately $439,442.25. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VST. BMO Capital Markets raised their price target on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Evercore ISI began coverage on shares of Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target for the company. Daiwa Capital Markets started coverage on shares of Vistra in a report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target for the company. Morgan Stanley increased their price objective 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. Finally, UBS Group increased their price objective on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research 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 data from MarketBeat, Vistra has an average rating of “Moderate Buy” and a consensus price target of $162.83.

Vistra Stock Performance

Shares of VST stock opened at $124.54 on Wednesday. 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 52 week low of $62.12 and a 52 week high of $199.84. The stock has a market capitalization of $42.36 billion, a PE ratio of 23.23, a P/E/G ratio of 1.12 and a beta of 1.21. The firm has a 50 day moving average of $153.67 and a two-hundred day moving average of $137.99.

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 given a $0.2235 dividend. This represents a $0.89 annualized dividend and a yield of 0.72%. The ex-dividend date is Thursday, March 20th. This is a boost from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is currently 12.62%.

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.