Vistra Corp. (NYSE:VST) is Ratan Capital Management LP’s 6th Largest Position

Ratan Capital Management LP lessened its holdings in Vistra Corp. (NYSE:VST) by 17.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 257,389 shares of the company’s stock after selling 53,711 shares during the period. Vistra makes up approximately 5.5% of Ratan Capital Management LP’s holdings, making the stock its 6th biggest holding. Ratan Capital Management LP’s holdings in Vistra were worth $35,486,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VST. Avior Wealth Management LLC increased its holdings in Vistra by 56.5% during the 4th 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 period. Pathway Financial Advisers LLC lifted its holdings in shares of Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 154 shares during the period. West Branch Capital LLC bought a new position in shares of Vistra during the 4th quarter worth $28,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Vistra during the fourth quarter valued at $28,000. Finally, Tucker Asset Management LLC bought a new stake in shares of Vistra in the fourth quarter valued at about $28,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insiders Place Their Bets

In other news, Director John William Pitesa acquired 1,500 shares of Vistra stock in a transaction dated Wednesday, March 12th. The stock was purchased at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the purchase, the director now directly owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul M. Barbas sold 24,136 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the sale, the director now owns 51,063 shares in the company, valued at approximately $6,341,513.97. This represents a 32.10% decrease in their position. The disclosure for this sale can be found here. 1.42% of the stock is owned by insiders.

Vistra Trading Down 0.1%

Vistra stock opened at $154.88 on Thursday. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The stock has a market cap of $52.68 billion, a PE ratio of 28.90, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. The stock has a 50-day moving average of $123.70 and a two-hundred day moving average of $141.75. Vistra Corp. has a one year low of $66.50 and a one year high of $199.84.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be paid a $0.225 dividend. The ex-dividend date is Wednesday, June 18th. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a yield of 0.58%. Vistra’s dividend payout ratio (DPR) is 14.15%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Daiwa America upgraded shares of Vistra to a “hold” rating in a report on Wednesday, March 5th. The Goldman Sachs Group initiated coverage on shares of Vistra in a research note on Friday, April 4th. They set a “neutral” rating and a $134.00 price objective on the stock. 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. Daiwa Capital Markets began 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. Finally, BMO Capital Markets lifted their price target on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $166.67.

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.