9,013 Shares in Vistra Corp. (NYSE:VST) Acquired by NWK Group Inc.

NWK Group Inc. acquired a new stake in shares of Vistra Corp. (NYSE:VST - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 9,013 shares of the company's stock, valued at approximately $1,243,000.

Other institutional investors also recently made changes to their positions in the company. Geode Capital Management LLC boosted its holdings in Vistra by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company's stock worth $1,174,326,000 after purchasing an additional 219,055 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of Vistra by 63.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company's stock valued at $863,116,000 after purchasing an additional 2,433,732 shares during the last quarter. Norges Bank acquired a new stake in shares of Vistra during the 4th quarter worth approximately $409,087,000. Appaloosa LP lifted its holdings in shares of Vistra by 112.5% in the 4th quarter. Appaloosa LP now owns 2,700,000 shares of the company's stock worth $372,249,000 after purchasing an additional 1,429,612 shares during the last quarter. Finally, Capital International Investors acquired a new position in Vistra during the 4th quarter valued at approximately $286,414,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on VST shares. Evercore ISI started coverage on shares of Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price target for the company. JPMorgan Chase & Co. cut their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. The Goldman Sachs Group started coverage on Vistra in a research note on Friday, April 4th. They set a "neutral" rating and a $134.00 target price on the stock. Daiwa America raised Vistra to a "hold" rating in a research note on Wednesday, March 5th. Finally, UBS Group decreased their target price on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, Vistra presently has a consensus rating of "Moderate Buy" and a consensus target price of $166.17.

Vistra Trading Down 7.6 %

Vistra stock traded down $8.79 during midday trading on Monday, hitting $106.63. 6,083,209 shares of the stock were exchanged, compared to its average volume of 7,886,246. The company has a fifty day simple moving average of $126.60 and a two-hundred day simple moving average 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 stock has a market capitalization of $36.27 billion, a PE ratio of 19.89, a P/E/G ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 52 week low of $65.32 and a 52 week high of $199.84.

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. 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 dividend yield of 0.84%. Vistra's dividend payout ratio (DPR) is 12.62%.

Insider Buying and Selling at Vistra

In other news, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction on 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 of the company's stock, valued at approximately $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 accessible through this hyperlink. Also, Director John William Pitesa bought 1,500 shares of the business's stock in a transaction on 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 transaction, 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 disclosure for this purchase can be found here. Company insiders own 1.42% of the company's stock.

Vistra Company 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.