Vistra Corp. (NYSE:VST) Shares Sold by Elite Life Management LLC

Elite Life Management LLC lessened its stake in Vistra Corp. (NYSE:VST) by 14.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,568 shares of the company’s stock after selling 275 shares during the period. Vistra comprises approximately 0.6% of Elite Life Management LLC’s investment portfolio, making the stock its 26th largest holding. Elite Life Management LLC’s holdings in Vistra were worth $216,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of VST. Peregrine Asset Advisers Inc. increased its position in shares of Vistra by 3.2% during the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company’s stock worth $285,000 after purchasing an additional 64 shares during the last quarter. Avior Wealth Management LLC lifted its stake in Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Galvin Gaustad & Stein LLC increased its position in Vistra by 3.6% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock worth $286,000 after buying an additional 73 shares during the period. OneDigital Investment Advisors LLC increased its holdings in shares of Vistra by 3.0% in the third quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company’s stock valued at $333,000 after purchasing an additional 81 shares during the period. Finally, Csenge Advisory Group increased its holdings in shares of Vistra by 1.7% in the fourth quarter. Csenge Advisory Group now owns 5,096 shares of the company’s stock valued at $703,000 after purchasing an additional 83 shares during the period. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

NYSE:VST opened at $122.39 on Thursday. The stock’s 50-day simple moving average is $156.91 and its 200 day simple moving average is $136.63. The company has a market cap of $41.49 billion, a P/E ratio of 22.83, a P/E/G ratio of 1.12 and a beta of 1.21. 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 Corp. has a 52-week low of $59.93 and a 52-week high of $199.84.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be given a $0.2235 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. This represents a $0.89 annualized dividend and a dividend yield of 0.73%. Vistra’s dividend payout ratio is presently 12.62%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Daiwa Capital Markets assumed coverage on Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 target price on the stock. Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Daiwa America upgraded Vistra to a “hold” rating in a research report on Wednesday, March 5th. 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. Finally, Morgan Stanley upped their price target on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research note on Friday, November 22nd. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.83.

Vistra 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.