Crown Advisors Management Inc. Invests $1.38 Million in Vistra Corp. (NYSE:VST)

Crown Advisors Management Inc. acquired a new position in shares of Vistra Corp. (NYSE:VST - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 10,000 shares of the company's stock, valued at approximately $1,378,000.

Other large investors have also modified their holdings of the company. State Street Corp lifted its position in Vistra by 6.8% in the third quarter. State Street Corp now owns 16,355,255 shares of the company's stock valued at $1,938,752,000 after acquiring an additional 1,037,402 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Vistra by 51.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,826,631 shares of the company's stock worth $453,609,000 after purchasing an additional 1,293,974 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Vistra by 36.0% in the 3rd quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company's stock valued at $448,320,000 after purchasing an additional 1,000,307 shares during the last quarter. Appaloosa LP boosted its position in shares of Vistra by 112.5% in the 4th quarter. Appaloosa LP now owns 2,700,000 shares of the company's stock valued at $372,249,000 after purchasing an additional 1,429,612 shares during the period. Finally, Castle Hook Partners LP boosted its position in shares of Vistra by 33.5% in the 3rd quarter. Castle Hook Partners LP now owns 2,610,273 shares of the company's stock valued at $309,422,000 after purchasing an additional 654,568 shares during the period. Institutional investors and hedge funds own 90.88% of the company's stock.

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Insider Buying and Selling at Vistra

In related news, Director John William Pitesa bought 1,500 shares of the company's stock in a transaction on Wednesday, March 12th. The stock was 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 in the company, valued at approximately $439,442.25. This represents a 76.26 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 sale, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. 1.42% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. UBS Group boosted their price objective on Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. Daiwa Capital Markets started coverage on shares of Vistra in a research report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price target for the company. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and decreased their price target for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. BMO Capital Markets lifted their price objective on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. Finally, Daiwa America upgraded shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Vistra presently has an average rating of "Moderate Buy" and an average price target of $162.83.

Vistra Stock Performance

NYSE VST traded down $1.15 on Friday, hitting $130.75. 7,472,453 shares of the company's stock were exchanged, compared to its average volume of 7,504,955. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The firm's 50-day moving average price is $151.74 and its two-hundred day moving average price is $138.64. The firm has a market cap of $44.47 billion, a price-to-earnings ratio of 24.39, a P/E/G ratio of 1.12 and a beta of 1.21. Vistra Corp. has a fifty-two week low of $64.26 and a fifty-two week high of $199.84.

Vistra Increases Dividend

The firm 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. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.68%. Vistra's dividend payout ratio is presently 12.62%.

About Vistra

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.