Atria Investments Inc cut its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 16.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,243 shares of the company's stock after selling 3,838 shares during the quarter. Atria Investments Inc's holdings in Vistra were worth $2,653,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Assetmark Inc. grew its stake in Vistra by 12.3% during the 4th quarter. Assetmark Inc. now owns 1,779,846 shares of the company's stock worth $245,387,000 after buying an additional 194,404 shares during the last quarter. Smithfield Trust Co grew its stake in shares of Vistra by 2.1% in the fourth quarter. Smithfield Trust Co now owns 10,659 shares of the company's stock worth $1,467,000 after purchasing an additional 220 shares in the last quarter. Jag Capital Management LLC lifted its holdings in shares of Vistra by 1,160.0% in the fourth quarter. Jag Capital Management LLC now owns 105,310 shares of the company's stock valued at $14,519,000 after buying an additional 96,952 shares during the period. Commerzbank Aktiengesellschaft FI acquired a new stake in shares of Vistra in the fourth quarter valued at $340,000. Finally, Reaves W H & Co. Inc. lifted its holdings in shares of Vistra by 5.5% in the fourth quarter. Reaves W H & Co. Inc. now owns 1,640,542 shares of the company's stock valued at $226,181,000 after buying an additional 85,904 shares during the period. 90.88% of the stock is currently owned by hedge funds and other institutional investors.
Vistra Stock Performance
Shares of VST stock traded down $0.45 during mid-day trading on Friday, reaching $113.96. The stock had a trading volume of 9,790,691 shares, compared to its average volume of 9,662,566. The firm's 50 day simple moving average is $158.02 and its 200 day simple moving average is $136.25. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. Vistra Corp. has a one year low of $57.50 and a one year high of $199.84. The firm has a market cap of $38.63 billion, a PE ratio of 21.26, a P/E/G ratio of 1.12 and a beta of 1.21.
Vistra Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be given a $0.2235 dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.78%. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is currently 12.62%.
Analysts Set New Price Targets
Several equities research analysts have recently commented on VST shares. Morgan Stanley upped their target price on Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a report on Friday, November 22nd. UBS Group upped their target price on Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a research report on Friday, January 3rd. Daiwa Capital Markets started coverage on Vistra in a research report on Wednesday. They issued a "neutral" rating and a $120.00 target price on the stock. Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective on the stock. Finally, Daiwa America raised Vistra to a "hold" rating in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $162.83.
Read Our Latest Stock Analysis on VST
Insider Buying and Selling
In related news, Director Scott B. Helm sold 20,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the completion of the transaction, the director now owns 343,350 shares in the company, valued at $47,990,029.50. This trade represents a 5.50 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.42% of the stock is owned by corporate insiders.
Vistra Company Profile
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Free Report)
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.
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