Vistra Corp. (NYSE:VST) Shares Bought by CANADA LIFE ASSURANCE Co

CANADA LIFE ASSURANCE Co raised its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 4.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 177,608 shares of the company's stock after buying an additional 6,854 shares during the period. CANADA LIFE ASSURANCE Co owned about 0.05% of Vistra worth $24,489,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VST. Avior Wealth Management LLC increased its holdings in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after buying an additional 65 shares in the last quarter. Pathway Financial Advisers LLC lifted its holdings in shares of Vistra by 616.0% in the 4th 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 last quarter. Founders Capital Management purchased a new stake in shares of Vistra in the fourth quarter valued at $28,000. West Branch Capital LLC purchased a new stake in Vistra in the 4th quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vistra in the 4th quarter valued at about $28,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Stock Down 7.6 %

Shares of NYSE VST traded down $8.79 during mid-day trading on Monday, hitting $106.63. The company had a trading volume of 6,083,209 shares, compared to its average volume of 7,886,233. The business's 50-day simple moving average is $127.80 and its 200 day simple moving average is $141.25. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. Vistra Corp. has a 1-year low of $65.32 and a 1-year high of $199.84. The company has a market capitalization of $36.27 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were given a dividend of $0.2235 per share. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.84%. The ex-dividend date was Thursday, March 20th. Vistra's dividend payout ratio (DPR) is presently 12.62%.

Insiders Place Their Bets

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the firm'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 transaction, the director now directly owns 51,063 shares of the company's stock, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John William Pitesa purchased 1,500 shares of Vistra stock in a transaction that occurred on Wednesday, March 12th. The shares were 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 directly owns 3,467 shares in the company, valued at $439,442.25. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on VST shares. BMO Capital Markets upped their price objective on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. UBS Group decreased their target price on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Daiwa Capital Markets initiated coverage on Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price objective for the company. Daiwa America raised Vistra to a "hold" rating in a report on Wednesday, March 5th. Finally, The Goldman Sachs Group started coverage on Vistra in a report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price target for the company. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $166.17.

Vistra Company 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.