BTG Pactual Asset Management US LLC grew its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 264.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,090 shares of the company's stock after buying an additional 16,033 shares during the quarter. BTG Pactual Asset Management US LLC's holdings in Vistra were worth $3,046,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Avior Wealth Management LLC lifted its holdings in shares of Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after purchasing an additional 65 shares during the last quarter. Pathway Financial Advisers LLC raised its holdings in shares of 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 acquiring an additional 154 shares during the period. Founders Capital Management purchased a new stake in shares of Vistra in the 4th quarter valued at approximately $28,000. West Branch Capital LLC purchased a new position in Vistra during the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Vistra during the fourth quarter worth approximately $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.
Vistra Price Performance
Vistra stock traded up $2.92 during mid-day trading on Tuesday, reaching $115.61. 419,224 shares of the company's stock traded hands, compared to its average volume of 7,864,991. Vistra Corp. has a 12-month low of $64.26 and a 12-month high of $199.84. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The stock has a 50 day moving average of $132.00 and a two-hundred day moving average of $141.50. The company has a market cap of $39.33 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 1.12 and a beta of 1.21.
Vistra Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were paid a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a dividend yield of 0.77%. The ex-dividend date was Thursday, March 20th. This is a positive change from Vistra's previous quarterly dividend of $0.22. Vistra's payout ratio is 12.62%.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on VST. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and decreased their price objective for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Daiwa Capital Markets initiated coverage on shares of Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price target on the stock. The Goldman Sachs Group started coverage on shares of Vistra in a research note on Friday, April 4th. They issued a "neutral" rating and a $134.00 price objective for the company. Daiwa America upgraded shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $159.69.
View Our Latest Analysis on Vistra
Insider Transactions at Vistra
In related news, Director John William Pitesa acquired 1,500 shares of Vistra stock in a transaction on Wednesday, March 12th. The stock was bought at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the transaction, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. The trade was a 76.26 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Paul M. Barbas sold 24,136 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The shares were 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 owns 51,063 shares in the company, 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. Insiders own 1.42% of the company's stock.
About Vistra
(
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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