Vistra Corp. (NYSE:VST) Position Lifted by Czech National Bank

Czech National Bank lifted its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,768 shares of the company's stock after acquiring an additional 3,781 shares during the quarter. Czech National Bank's holdings in Vistra were worth $10,170,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Mark Sheptoff Financial Planning LLC acquired a new stake in Vistra in the third quarter valued at $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Vistra in the 3rd quarter valued at about $30,000. CVA Family Office LLC grew its stake in Vistra by 1,505.9% in the 3rd quarter. CVA Family Office LLC now owns 273 shares of the company's stock valued at $32,000 after acquiring an additional 256 shares during the last quarter. RPg Family Wealth Advisory LLC purchased a new position in Vistra during the 3rd quarter valued at about $36,000. Finally, Redwood Wealth Management Group LLC acquired a new position in Vistra during the second quarter worth about $26,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Insider Activity

In related news, EVP Scott A. Hudson sold 115,000 shares of Vistra stock in a transaction on Monday, November 25th. The shares were sold at an average price of $164.16, for a total transaction of $18,878,400.00. Following the sale, the executive vice president now owns 254,932 shares of the company's stock, valued at $41,849,637.12. The trade was a 31.09 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Scott B. Helm sold 20,000 shares of the company's stock in a transaction dated Tuesday, December 10th. The shares were 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 directly owns 343,350 shares of the company's stock, valued at approximately $47,990,029.50. The trade was a 5.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 342,100 shares of company stock valued at $55,087,314. Company insiders own 1.42% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. BNP Paribas initiated coverage on shares of Vistra in a research note on Monday, October 14th. They set an "outperform" rating and a $231.00 price objective for the company. Morgan Stanley boosted their price target on Vistra from $135.00 to $169.00 and gave the stock an "overweight" rating in a report on Friday, November 22nd. BMO Capital Markets lifted their price objective on Vistra from $146.00 to $147.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 29th. UBS Group upped their target price on shares of Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a report on Friday, January 3rd. Finally, Jefferies Financial Group lifted their price target on shares of Vistra from $99.00 to $137.00 and gave the stock a "buy" rating in a report on Tuesday, September 24th. Ten analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $151.50.

Vistra Trading Up 5.0 %

VST stock traded up $8.08 during trading on Tuesday, reaching $170.21. 7,470,937 shares of the stock traded hands, compared to its average volume of 7,286,810. The firm has a market capitalization of $57.91 billion, a PE ratio of 31.76, a P/E/G ratio of 1.86 and a beta of 1.21. 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 business's 50 day moving average price is $148.72 and its 200-day moving average price is $114.84. Vistra Corp. has a 52-week low of $38.95 and a 52-week high of $175.00.

Vistra announced that its board has initiated a stock repurchase program on Thursday, November 7th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to repurchase up to 2.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th were given a $0.221 dividend. The ex-dividend date was Friday, December 20th. This represents a $0.88 annualized dividend and a dividend yield of 0.52%. This is a positive change from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is presently 16.42%.

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.