Cherry Tree Wealth Management LLC Purchases 203 Shares of Vistra Corp. (NYSE:VST)

Cherry Tree Wealth Management LLC increased its position in shares of Vistra Corp. (NYSE:VST) by 2,030.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 213 shares of the company’s stock after purchasing an additional 203 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in Vistra were worth $29,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Peregrine Asset Advisers Inc. increased its stake in shares of Vistra by 3.2% in the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company’s stock valued at $285,000 after buying an additional 64 shares during the period. Avior Wealth Management LLC increased its stake 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 buying an additional 65 shares during the period. Galvin Gaustad & Stein LLC increased its stake in shares of Vistra by 3.6% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock valued at $286,000 after buying an additional 73 shares during the period. Forum Financial Management LP increased its stake in shares of Vistra by 0.7% in the third quarter. Forum Financial Management LP now owns 11,527 shares of the company’s stock valued at $1,366,000 after buying an additional 80 shares during the period. Finally, Umpqua Bank increased its stake in shares of Vistra by 2.2% in the third quarter. Umpqua Bank now owns 3,780 shares of the company’s stock valued at $448,000 after buying an additional 81 shares during the period. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

Shares of VST stock opened at $150.51 on Monday. The firm has a market capitalization of $51.21 billion, a PE ratio of 28.08, a price-to-earnings-growth ratio of 1.12 and a beta of 1.22. The firm has a fifty day simple moving average of $160.19 and a two-hundred day simple moving average of $132.74. 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 $46.18 and a 12 month high of $199.84.

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 paid a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a yield of 0.59%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is 16.60%.

Vistra declared that its board has initiated a share buyback program on Thursday, November 7th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to repurchase up to 2.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on VST shares. BMO Capital Markets increased their target price on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, January 22nd. UBS Group increased their target price on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research report on Friday, January 3rd. Morgan Stanley increased their target price on shares of Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. Evercore ISI initiated coverage on shares of Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 target price for the company. Finally, Bank of America initiated coverage on Vistra in a report on Monday, January 27th. They set a “neutral” rating and a $206.00 price target on the stock. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, Vistra presently has an average rating of “Moderate Buy” and a consensus target price of $171.64.

Insider Buying and Selling at Vistra

In other Vistra news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the transaction, the director now directly owns 343,350 shares of the company’s stock, valued at $47,990,029.50. The trade was a 5.50 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.42% of the stock is currently owned by company insiders.

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.