Andra AP fonden Sells 22,600 Shares of Vistra Corp. (NYSE:VST)

Andra AP fonden lessened its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 16.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 117,100 shares of the company's stock after selling 22,600 shares during the quarter. Andra AP fonden's holdings in Vistra were worth $16,145,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in VST. Farther Finance Advisors LLC raised its holdings in Vistra by 28.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,120 shares of the company's stock valued at $251,000 after acquiring an additional 471 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Vistra by 3.8% in the third quarter. Robeco Institutional Asset Management B.V. now owns 74,354 shares of the company's stock valued at $8,814,000 after purchasing an additional 2,738 shares during the period. Advisor Resource Council acquired a new position in Vistra in the third quarter valued at $220,000. Bensler LLC lifted its position in Vistra by 15.6% during the third quarter. Bensler LLC now owns 64,116 shares of the company's stock worth $7,600,000 after buying an additional 8,632 shares during the period. Finally, Philip James Wealth Mangement LLC lifted its position in Vistra by 19.4% during the third quarter. Philip James Wealth Mangement LLC now owns 2,987 shares of the company's stock worth $354,000 after buying an additional 486 shares during the period. Institutional investors and hedge funds own 90.88% of the company's stock.

Remove Ads

Analyst Ratings Changes

VST has been the subject of a number of research analyst reports. Morgan Stanley upped their price objective on shares of Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a research note on Friday, November 22nd. BMO Capital Markets boosted their target price on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. Daiwa America raised shares of Vistra to a "hold" rating in a research note on Wednesday. Evercore ISI assumed coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective for the company. Finally, UBS Group upped their price objective on Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a report on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $162.83.

Vistra Trading Down 0.4 %

Shares of Vistra stock traded down $0.45 on Friday, reaching $113.96. 9,790,691 shares of the company were exchanged, compared to its average volume of 9,662,566. Vistra Corp. has a fifty-two week low of $57.50 and a fifty-two week high of $199.84. The firm has a market capitalization of $38.63 billion, a price-to-earnings ratio of 21.26, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The stock has a fifty day moving average price of $158.02 and a 200-day moving average price of $135.87.

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 $0.2235 dividend. This represents a $0.89 annualized dividend and a dividend yield of 0.78%. The ex-dividend date is Thursday, March 20th. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is 12.62%.

Insider Activity

In related news, Director Scott B. Helm sold 20,000 shares of the business's stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the transaction, the director now directly owns 343,350 shares of the company's stock, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.42% of the stock is currently owned by corporate insiders.

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.