Cohen & Steers Inc. Has $1.42 Million Stock Position in Vistra Corp. (NYSE:VST)

Cohen & Steers Inc. boosted its holdings in shares of Vistra Corp. (NYSE:VST) by 2.0% in the fourth quarter, HoldingsChannel reports. The fund owned 10,304 shares of the company’s stock after buying an additional 200 shares during the quarter. Cohen & Steers Inc.’s holdings in Vistra were worth $1,421,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Keystone Financial Group purchased a new position in Vistra during the fourth quarter valued at approximately $416,000. BTG Pactual Asset Management US LLC boosted its stake in shares of Vistra by 264.7% during the 4th quarter. BTG Pactual Asset Management US LLC now owns 22,090 shares of the company’s stock valued at $3,046,000 after buying an additional 16,033 shares during the period. Virtus Wealth Solutions LLC purchased a new position in shares of Vistra during the 4th quarter valued at $249,000. Advisors Capital Management LLC grew its holdings in shares of Vistra by 23.9% during the 4th quarter. Advisors Capital Management LLC now owns 4,890 shares of the company’s stock valued at $674,000 after acquiring an additional 943 shares in the last quarter. Finally, Sagespring Wealth Partners LLC acquired a new position in shares of Vistra in the fourth quarter worth $237,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

NYSE:VST opened at $112.37 on Tuesday. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. Vistra Corp. has a one year low of $64.26 and a one year high of $199.84. The company has a fifty day moving average price of $132.00 and a 200 day moving average price of $141.50. The stock has a market cap of $38.22 billion, a P/E ratio of 20.96, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors 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 (DPR) is 12.62%.

Analyst Ratings Changes

A number of research analysts have commented on VST shares. The Goldman Sachs Group began coverage on Vistra in a research note on Friday, April 4th. They issued a “neutral” rating and a $134.00 target price on the stock. JPMorgan Chase & Co. dropped their price objective on Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a report on Friday, March 28th. Daiwa America upgraded shares of Vistra to a “hold” rating in a research note on Wednesday, March 5th. Evercore ISI assumed coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target on the stock. Finally, UBS Group reduced their price objective on shares of Vistra from $174.00 to $154.00 and set a “buy” rating for the company in a research note on Friday. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $159.69.

Insider Activity at Vistra

In other Vistra news, Director John William Pitesa purchased 1,500 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were purchased at an average price 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 of the company’s stock, valued at approximately $439,442.25. This represents a 76.26 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of the firm’s 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 transaction, the director now directly owns 51,063 shares of the company’s stock, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.42% of the company’s stock.

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.