Vistra Corp. (NYSE:VST) Shares Sold by Cinctive Capital Management LP

Cinctive Capital Management LP lowered its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 36.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 241,239 shares of the company's stock after selling 136,331 shares during the quarter. Vistra accounts for about 1.7% of Cinctive Capital Management LP's portfolio, making the stock its 7th largest position. Cinctive Capital Management LP owned 0.07% of Vistra worth $33,260,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of VST. Dynamic Technology Lab Private Ltd purchased a new position in Vistra in the third quarter worth approximately $222,000. Townsquare Capital LLC raised its holdings in shares of Vistra by 12.9% in the 3rd quarter. Townsquare Capital LLC now owns 4,838 shares of the company's stock valued at $573,000 after purchasing an additional 554 shares in the last quarter. Hantz Financial Services Inc. purchased a new stake in shares of Vistra during the 3rd quarter worth $192,000. Rockefeller Capital Management L.P. grew its stake in shares of Vistra by 68.5% during the third quarter. Rockefeller Capital Management L.P. now owns 21,474 shares of the company's stock worth $2,545,000 after purchasing an additional 8,727 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in Vistra by 2.5% in the third quarter. Captrust Financial Advisors now owns 42,970 shares of the company's stock valued at $5,094,000 after buying an additional 1,028 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

A number of analysts have issued reports on the company. JPMorgan Chase & Co. decreased their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Evercore ISI assumed coverage on Vistra in a report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price target for the company. Daiwa Capital Markets initiated coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price target on the stock. Daiwa America upgraded shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Finally, Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and dropped their target price for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $163.50.

Insider Buying and Selling at Vistra

In other news, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction that occurred on 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 owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John William Pitesa purchased 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. This trade represents a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.42% of the stock is owned by company insiders.

Vistra Stock Performance

Vistra stock traded up $5.01 during midday trading on Wednesday, hitting $127.25. 5,669,976 shares of the company's stock were exchanged, compared to its average volume of 7,736,396. The firm's 50 day simple moving average is $143.86 and its 200 day simple moving average is $141.25. Vistra Corp. has a 12-month low of $64.26 and a 12-month high of $199.84. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The stock has a market cap of $43.28 billion, a price-to-earnings ratio of 23.74, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a $0.2235 dividend. This represents a $0.89 annualized dividend and a yield of 0.70%. The ex-dividend date was Thursday, March 20th. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's payout ratio is 12.62%.

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.