Knights of Columbus Asset Advisors LLC Has $7.10 Million Position in Vistra Corp. (NYSE:VST)

Knights of Columbus Asset Advisors LLC reduced its stake in Vistra Corp. (NYSE:VST) by 0.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,473 shares of the company’s stock after selling 123 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Vistra were worth $7,097,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in VST. OneDigital Investment Advisors LLC increased its stake in shares of Vistra by 3.0% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company’s stock valued at $333,000 after acquiring an additional 81 shares in the last quarter. Caprock Group LLC purchased a new position in Vistra during the 3rd quarter worth $288,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Vistra during the 3rd quarter worth $787,000. PNC Financial Services Group Inc. boosted its holdings in shares of Vistra by 90.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 21,291 shares of the company’s stock worth $2,524,000 after buying an additional 10,124 shares during the last quarter. Finally, Commerce Bank raised its stake in Vistra by 39.3% in the 3rd quarter. Commerce Bank now owns 9,472 shares of the company’s stock valued at $1,123,000 after acquiring an additional 2,670 shares during the period. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Price Performance

NYSE:VST opened at $130.75 on Friday. Vistra Corp. has a one year low of $64.26 and a one year high of $199.84. 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 $44.47 billion, a PE ratio of 24.39, a P/E/G ratio of 1.12 and a beta of 1.21. The stock has a 50 day moving average price of $151.74 and a 200 day moving average price of $138.21.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be given a $0.2235 dividend. This represents a $0.89 annualized dividend and a yield of 0.68%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. Vistra’s dividend payout ratio is presently 12.62%.

Insider Transactions at Vistra

In related news, Director John William Pitesa acquired 1,500 shares of Vistra stock in a transaction dated Wednesday, March 12th. The shares were acquired 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 owns 3,467 shares in the company, valued at approximately $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul M. Barbas sold 24,136 shares of the firm’s stock in a transaction 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.42% of the company’s stock.

Analysts Set New Price Targets

VST has been the topic of several analyst reports. Daiwa Capital Markets assumed coverage on Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target on the stock. Daiwa America raised Vistra to a “hold” rating in a research note on Wednesday, March 5th. BMO Capital Markets upped their target price on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a report on Wednesday, January 22nd. UBS Group increased their price objective on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Finally, Morgan Stanley boosted their target price on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Vistra currently has a consensus rating of “Moderate Buy” and a consensus price target of $162.83.

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.