GC Wealth Management RIA LLC Sells 747 Shares of Vistra Corp. (NYSE:VST)

GC Wealth Management RIA LLC cut its holdings in Vistra Corp. (NYSE:VST) by 23.1% during the 4th quarter, Holdings Channel reports. The fund owned 2,484 shares of the company’s stock after selling 747 shares during the period. GC Wealth Management RIA LLC’s holdings in Vistra were worth $342,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vistra Stock Performance

VST opened at $114.40 on Wednesday. The stock has a market capitalization of $38.78 billion, a price-to-earnings ratio of 21.34, a PEG ratio of 1.12 and a beta of 1.21. The company has a fifty day moving average of $156.91 and a 200 day moving average of $136.63. Vistra Corp. has a fifty-two week low of $58.00 and a fifty-two week high of $199.84. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be paid a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a yield of 0.78%. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra’s dividend payout ratio (DPR) is presently 12.62%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VST. Daiwa Capital Markets began coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price objective for the company. 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. 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 note on Friday, November 22nd. Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Finally, Evercore ISI began coverage on shares of Vistra in a research note 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 issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $162.83.

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.