AGF Management Ltd. Sells 24,003 Shares of Vistra Corp. (NYSE:VST)

AGF Management Ltd. lowered its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 510,696 shares of the company's stock after selling 24,003 shares during the period. AGF Management Ltd. owned approximately 0.15% of Vistra worth $70,410,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. SPX Gestao de Recursos Ltda raised its holdings in shares of Vistra by 57.6% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 131,333 shares of the company's stock valued at $18,107,000 after purchasing an additional 48,000 shares during the last quarter. Citizens Financial Group Inc. RI grew its position in Vistra by 50.7% in the 4th quarter. Citizens Financial Group Inc. RI now owns 14,528 shares of the company's stock worth $2,003,000 after purchasing an additional 4,888 shares in the last quarter. Independent Advisor Alliance increased its stake in Vistra by 14.2% in the 4th quarter. Independent Advisor Alliance now owns 58,470 shares of the company's stock valued at $8,061,000 after buying an additional 7,261 shares during the last quarter. Paragon Private Wealth Management LLC bought a new position in shares of Vistra during the 4th quarter worth approximately $202,000. Finally, Johnson Investment Counsel Inc. purchased a new position in shares of Vistra in the 4th quarter worth approximately $229,000. Institutional investors own 90.88% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. UBS Group increased their price target on Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research report on Friday, January 3rd. Bank of America raised Vistra from a "neutral" rating to a "buy" rating and decreased their target price for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Evercore ISI assumed coverage on shares of Vistra in a report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price target on the stock. BMO Capital Markets increased their price target on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. Finally, Morgan Stanley lifted their price objective on shares of Vistra from $135.00 to $169.00 and gave the stock an "overweight" rating in a research report on Friday, November 22nd. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Vistra has a consensus rating of "Moderate Buy" and a consensus target price of $162.83.

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Vistra Price Performance

VST traded down $2.71 on Thursday, reaching $119.21. The company had a trading volume of 3,211,176 shares, compared to its average volume of 7,493,406. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra Corp. has a 52-week low of $59.93 and a 52-week high of $199.84. The company has a market cap of $40.41 billion, a price-to-earnings ratio of 22.22, a P/E/G ratio of 1.12 and a beta of 1.21. The business has a 50 day simple moving average of $156.60 and a 200 day simple moving average of $136.53.

Vistra Increases Dividend

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

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.