29,825 Shares in Vistra Corp. (NYSE:VST) Purchased by Dilation Capital Management LP

Dilation Capital Management LP acquired a new position in shares of Vistra Corp. (NYSE:VST - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 29,825 shares of the company's stock, valued at approximately $4,112,000. Vistra makes up approximately 3.8% of Dilation Capital Management LP's investment portfolio, making the stock its 13th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC boosted its holdings in shares of Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after acquiring an additional 65 shares in the last quarter. Pathway Financial Advisers LLC boosted its stake 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 purchasing an additional 154 shares in the last quarter. Founders Capital Management bought a new stake in shares of Vistra during the fourth quarter worth about $28,000. West Branch Capital LLC bought a new position in Vistra in the 4th quarter valued at approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in Vistra during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Vistra Price Performance

NYSE:VST traded up $4.13 during midday trading on Thursday, hitting $124.13. The company had a trading volume of 5,432,709 shares, compared to its average volume of 7,900,479. The stock's fifty day moving average price is $123.72 and its 200-day moving average price is $140.64. Vistra Corp. has a 52-week low of $66.50 and a 52-week 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 company has a market capitalization of $42.22 billion, a PE ratio of 23.16, a P/E/G ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were paid a $0.2235 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.72%. This is a positive change from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is currently 12.62%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Daiwa Capital Markets assumed coverage on shares of Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price target for the company. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and reduced their price target for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Evercore ISI assumed coverage on Vistra in a research note on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective on the stock. The Goldman Sachs Group began coverage on shares of Vistra in a report on Friday, April 4th. They set a "neutral" rating and a $134.00 price target for the company. Finally, 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 research note on Wednesday, January 22nd. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $166.17.

Insiders Place Their Bets

In other news, Director Paul M. Barbas sold 24,136 shares of the company's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the completion of the transaction, the director now directly owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. This represents a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John William Pitesa bought 1,500 shares of the business's stock in a transaction dated 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 purchase, the director now directly owns 3,467 shares in the company, valued at approximately $439,442.25. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. Insiders own 1.42% of the company's stock.

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.