Vistra Corp. (NYSE:VST) Stock Holdings Increased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Vistra Corp. (NYSE:VST) by 12.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 534,833 shares of the company’s stock after purchasing an additional 57,266 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Vistra were worth $73,737,000 as of its most recent SEC filing.

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

Insiders Place Their Bets

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the company’s stock in a transaction on 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 transaction, the director now owns 51,063 shares of the company’s stock, valued at approximately $6,341,513.97. This represents a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John William Pitesa acquired 1,500 shares of Vistra stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, with a total value 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. This represents a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on VST. JPMorgan Chase & Co. lowered their target price on Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a report on Friday. BMO Capital Markets increased their target price on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 22nd. Daiwa Capital Markets assumed coverage on shares of Vistra in a report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target for the company. Daiwa America upgraded shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Finally, Evercore ISI began coverage on shares of Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective on the stock. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $163.50.

Vistra Stock Performance

VST opened at $119.05 on Friday. Vistra Corp. has a 1-year low of $64.26 and a 1-year high of $199.84. The company has a market capitalization of $40.49 billion, a price-to-earnings ratio of 22.21, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The business has a 50 day moving average price of $147.39 and a two-hundred day moving average price of $139.96. 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 Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be issued a dividend of $0.2235 per share. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Thursday, March 20th. Vistra’s payout ratio is presently 12.62%.

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.