Vistra Corp. (NYSE:VST) Shares Acquired by Two Seas Capital LP

Two Seas Capital LP boosted its stake in Vistra Corp. (NYSE:VST) by 50.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 379,085 shares of the company’s stock after buying an additional 126,419 shares during the quarter. Vistra makes up approximately 4.5% of Two Seas Capital LP’s portfolio, making the stock its 6th largest holding. Two Seas Capital LP’s holdings in Vistra were worth $52,264,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Avior Wealth Management LLC lifted its position in Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after buying an additional 65 shares in the last quarter. Pathway Financial Advisers LLC lifted its position in Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after buying an additional 154 shares during the last quarter. Founders Capital Management purchased a new position in shares of Vistra during the 4th quarter worth approximately $28,000. West Branch Capital LLC purchased a new position in shares of Vistra during the fourth quarter worth $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in Vistra during the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

VST opened at $124.13 on Friday. The stock’s 50 day simple moving average is $123.72 and its 200 day simple moving average is $140.64. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The stock has a market cap of $42.22 billion, a P/E ratio of 23.16, a P/E/G ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 1-year low of $66.50 and a 1-year high of $199.84.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a $0.2235 dividend. The ex-dividend date was Thursday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.72%. Vistra’s payout ratio is currently 12.62%.

Analysts Set New Price Targets

VST has been the subject of several research reports. BMO Capital Markets boosted their price target on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Evercore ISI started coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target on the stock. JPMorgan Chase & Co. reduced their target price on Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a report on Friday, March 28th. Daiwa America upgraded shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Finally, Daiwa Capital Markets began coverage on Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price objective for the company. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $166.17.

Insider Buying and Selling 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 value of $2,997,449.84. Following the completion of the sale, the director now owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John William Pitesa bought 1,500 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average price of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares of the company’s stock, valued at $439,442.25. This trade represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 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.