American Century Companies Inc. Sells 171,339 Shares of Vistra Corp. (NYSE:VST)

American Century Companies Inc. trimmed its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 11.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,307,974 shares of the company's stock after selling 171,339 shares during the period. American Century Companies Inc. owned approximately 0.38% of Vistra worth $180,330,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Peregrine Asset Advisers Inc. increased its holdings in Vistra by 3.2% in the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock worth $285,000 after buying an additional 64 shares in the last quarter. Avior Wealth Management LLC boosted its holdings in shares of Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after acquiring an additional 65 shares during the last quarter. Galvin Gaustad & Stein LLC grew its stake in shares of Vistra by 3.6% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock worth $286,000 after acquiring an additional 73 shares during the period. Csenge Advisory Group raised its holdings in shares of Vistra by 1.7% during the fourth quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock valued at $703,000 after purchasing an additional 83 shares during the last quarter. Finally, New Century Financial Group LLC lifted its position in Vistra by 3.5% during the fourth quarter. New Century Financial Group LLC now owns 2,760 shares of the company's stock valued at $381,000 after purchasing an additional 94 shares during the period. Institutional investors own 90.88% of the company's stock.

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Vistra Stock Performance

NYSE VST traded down $7.71 on Wednesday, reaching $124.11. 6,718,217 shares of the stock were exchanged, compared to its average volume of 7,500,219. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. Vistra Corp. has a one year low of $64.26 and a one year high of $199.84. The firm has a market capitalization of $42.22 billion, a PE ratio of 23.15, a PEG ratio of 1.12 and a beta of 1.21. The company's 50-day simple moving average is $149.52 and its two-hundred day simple moving average is $139.79.

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 given a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a dividend yield of 0.72%. This is an increase from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra's dividend payout ratio (DPR) is presently 12.62%.

Insider Activity at Vistra

In other Vistra news, Director John William Pitesa purchased 1,500 shares of the firm's stock in a transaction on Wednesday, March 12th. The shares were acquired at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, the director now directly owns 3,467 shares in the company, valued at $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the company's 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 transaction, the director now directly owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. This trade represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. 1.42% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. UBS Group lifted their target price on shares of Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a research report on Friday, January 3rd. Evercore ISI assumed coverage on Vistra in a report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective for the company. Daiwa Capital Markets initiated coverage on Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price on the stock. BMO Capital Markets raised 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. Finally, Daiwa America raised shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. 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.com, the stock has an average rating of "Moderate Buy" and an average target price 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.