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Northwestern Mutual Wealth Management Co. Acquires 564 Shares of Vistra Corp. (NYSE:VST)

Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vistra Corp. (NYSE:VSTGet Rating) by 9.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 6,783 shares of the company’s stock after purchasing an additional 564 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vistra were worth $158,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Pinnacle Wealth Planning Services Inc. boosted its holdings in Vistra by 4.9% in the first quarter. Pinnacle Wealth Planning Services Inc. now owns 9,542 shares of the company’s stock valued at $222,000 after acquiring an additional 443 shares during the last quarter. Hudson Capital Management LLC boosted its holdings in Vistra by 0.4% in the first quarter. Hudson Capital Management LLC now owns 112,598 shares of the company’s stock valued at $2,618,000 after acquiring an additional 501 shares during the last quarter. Alpha Cubed Investments LLC boosted its holdings in Vistra by 5.5% in the first quarter. Alpha Cubed Investments LLC now owns 11,600 shares of the company’s stock valued at $270,000 after acquiring an additional 600 shares during the last quarter. M&T Bank Corp boosted its holdings in Vistra by 5.7% in the fourth quarter. M&T Bank Corp now owns 11,629 shares of the company’s stock valued at $265,000 after acquiring an additional 625 shares during the last quarter. Finally, Wedbush Securities Inc. boosted its holdings in Vistra by 1.2% in the first quarter. Wedbush Securities Inc. now owns 57,421 shares of the company’s stock valued at $1,335,000 after acquiring an additional 665 shares during the last quarter.

Insider Transactions at Vistra

In other Vistra news, Director Scott B. Helm purchased 20,000 shares of the company’s stock in a transaction dated Tuesday, June 14th. The shares were bought at an average price of $23.16 per share, with a total value of $463,200.00. Following the completion of the transaction, the director now directly owns 288,201 shares in the company, valued at approximately $6,674,735.16. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Vistra news, Director Scott B. Helm purchased 20,000 shares of the company’s stock in a transaction dated Tuesday, June 14th. The shares were bought at an average price of $23.16 per share, with a total value of $463,200.00. Following the completion of the transaction, the director now directly owns 288,201 shares in the company, valued at approximately $6,674,735.16. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Paul M. Barbas purchased 8,000 shares of the company’s stock in a transaction dated Wednesday, August 10th. The shares were acquired at an average cost of $24.90 per share, for a total transaction of $199,200.00. Following the transaction, the director now owns 90,444 shares of the company’s stock, valued at $2,252,055.60. The disclosure for this purchase can be found here. Insiders have acquired a total of 62,300 shares of company stock valued at $1,441,460 over the last 90 days. 1.47% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have weighed in on VST. TheStreet lowered Vistra from a “b-” rating to a “c+” rating in a research note on Tuesday, July 5th. Morgan Stanley increased their target price on Vistra from $32.00 to $33.00 and gave the company an “overweight” rating in a research note on Tuesday.

Vistra Trading Up 1.8 %

NYSE:VST opened at $25.65 on Friday. The firm has a market capitalization of $10.68 billion, a price-to-earnings ratio of -10.14 and a beta of 0.89. The company has a current ratio of 1.05, a quick ratio of 1.00 and a debt-to-equity ratio of 3.51. The business’s 50-day moving average price is $23.92 and its two-hundred day moving average price is $23.87. Vistra Corp. has a 1-year low of $16.51 and a 1-year high of $27.39.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Wednesday, September 21st will be given a dividend of $0.184 per share. The ex-dividend date of this dividend is Tuesday, September 20th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 2.87%. This is a positive change from Vistra’s previous quarterly dividend of $0.18. Vistra’s dividend payout ratio (DPR) is currently -28.06%.

Vistra Company Profile

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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 20 states in the United States and the District of Columbia.

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