Vistra Corp. (NYSE:VST) Holdings Lowered by XTX Topco Ltd

XTX Topco Ltd cut its position in shares of Vistra Corp. (NYSE:VST) by 68.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 9,310 shares of the company’s stock after selling 19,957 shares during the quarter. XTX Topco Ltd’s holdings in Vistra were worth $1,284,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Lionsbridge Wealth Management LLC acquired a new stake in shares of Vistra during the fourth quarter worth $277,000. Dakota Wealth Management purchased a new stake in shares of Vistra during the 4th quarter worth about $231,000. Retirement Systems of Alabama lifted its stake in Vistra by 9.6% in the third quarter. Retirement Systems of Alabama now owns 78,965 shares of the company’s stock valued at $9,361,000 after acquiring an additional 6,920 shares during the last quarter. Legal Advantage Investments Inc. acquired a new stake in shares of Vistra in the 4th quarter valued at $565,000. Finally, Viking Fund Management LLC boosted its holdings in Vistra by 90.0% in the fourth quarter. Viking Fund Management LLC now owns 19,000 shares of the company’s stock worth $2,620,000 after purchasing an additional 9,000 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Insider Activity at Vistra

In other news, Director John William Pitesa acquired 1,500 shares of Vistra stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, with a total value of $190,125.00. Following the purchase, the director now directly owns 3,467 shares of the company’s stock, valued at $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the completion of the transaction, the director now directly 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 disclosure for this sale can be found here. 1.42% of the stock is currently owned by company insiders.

Vistra Stock Up 0.6 %

NYSE VST opened at $112.37 on Tuesday. 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 $64.26 and a 52 week high of $199.84. The stock has a market capitalization of $38.22 billion, a P/E ratio of 20.96, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The stock has a fifty day moving average of $132.00 and a 200-day moving average of $141.50.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were given a dividend of $0.2235 per share. The ex-dividend date was Thursday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.80%. Vistra’s dividend payout ratio is presently 12.62%.

Analysts Set New Price Targets

A number of brokerages have recently commented on VST. Daiwa America raised Vistra to a “hold” rating in a report on Wednesday, March 5th. JPMorgan Chase & Co. dropped their price objective on shares of Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a report on Friday, March 28th. UBS Group cut their target price on Vistra from $174.00 to $154.00 and set a “buy” rating for the company in a research note on Friday. Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, The Goldman Sachs Group started coverage on Vistra in a report on Friday, April 4th. They set a “neutral” rating and a $134.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $159.69.

About Vistra

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.