Amundi Sells 105,530 Shares of Vistra Corp. (NYSE:VST)

Amundi lowered its position in Vistra Corp. (NYSE:VST - Free Report) by 12.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 751,512 shares of the company's stock after selling 105,530 shares during the period. Amundi owned 0.22% of Vistra worth $103,611,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VST. Avior Wealth Management LLC raised 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 purchasing an additional 65 shares in the last quarter. Pathway Financial Advisers LLC raised its holdings in Vistra by 616.0% during 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 in the last quarter. Founders Capital Management acquired a new stake in shares of Vistra in the fourth quarter worth about $28,000. West Branch Capital LLC bought a new stake in shares of Vistra during the 4th quarter worth about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vistra during the 4th quarter valued at about $28,000. Institutional investors own 90.88% of the company's stock.

Vistra Stock Performance

Shares of NYSE VST traded up $10.49 during trading hours on Wednesday, reaching $124.85. The stock had a trading volume of 9,308,583 shares, compared to its average volume of 7,483,130. The company has a market cap of $42.32 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 1.12 and a beta of 1.21. Vistra Corp. has a twelve month low of $58.00 and a twelve month high of $199.84. The business's fifty day moving average is $156.91 and its two-hundred day moving average is $136.63. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99.

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Vistra Increases Dividend

The firm also recently announced 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 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%. The ex-dividend date of this dividend is Thursday, March 20th. Vistra's payout ratio is 12.62%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on VST shares. Daiwa Capital Markets started coverage on Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price for the company. Morgan Stanley upped their price objective on shares of Vistra from $135.00 to $169.00 and gave the stock an "overweight" rating in a report on Friday, November 22nd. Daiwa America upgraded shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. UBS Group upped their price target on shares of Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a report on Friday, January 3rd. Finally, BMO Capital Markets lifted their price objective on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $162.83.

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.