4,763 Shares in Vistra Corp. (NYSE:VST) Purchased by Quantessence Capital LLC

Quantessence Capital LLC bought a new stake in shares of Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,763 shares of the company’s stock, valued at approximately $657,000.

A number of other hedge funds have also recently modified their holdings of VST. Norges Bank purchased a new position in shares of Vistra during the fourth quarter worth approximately $409,087,000. Massachusetts Financial Services Co. MA increased its holdings in Vistra by 63.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company’s stock worth $863,116,000 after purchasing an additional 2,433,732 shares during the period. Capital International Investors purchased a new stake in shares of Vistra in the 4th quarter worth $286,414,000. Raymond James Financial Inc. purchased a new stake in shares of Vistra in the 4th quarter worth $237,441,000. Finally, Appaloosa LP increased its stake in shares of Vistra by 112.5% during the fourth quarter. Appaloosa LP now owns 2,700,000 shares of the company’s stock valued at $372,249,000 after buying an additional 1,429,612 shares during the period. Institutional investors own 90.88% of the company’s stock.

Vistra Trading Down 7.6 %

Vistra stock opened at $106.63 on Tuesday. Vistra Corp. has a 52 week low of $65.32 and a 52 week high of $199.84. The stock has a 50-day moving average price of $126.60 and a 200 day moving average price of $141.03. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The company has a market capitalization of $36.27 billion, a price-to-earnings ratio of 19.89, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were issued a $0.2235 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend was Thursday, March 20th. Vistra’s dividend payout ratio is 12.62%.

Insider Transactions at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction dated Monday, March 3rd. The stock was 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 owns 51,063 shares in the company, valued at approximately $6,341,513.97. This trade represents a 32.10 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John William Pitesa bought 1,500 shares of the stock in a transaction dated Wednesday, March 12th. The stock was bought at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the purchase, the director now directly owns 3,467 shares of the company’s stock, valued at approximately $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.42% of the company’s stock.

Analyst Ratings Changes

VST has been the topic of a number of research reports. Daiwa America raised shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. 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. 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. The Goldman Sachs Group initiated coverage on Vistra in a research report on Friday, April 4th. They set a “neutral” rating and a $134.00 price objective on the stock. Finally, Daiwa Capital Markets assumed coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $166.17.

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.