DRW Securities LLC decreased its holdings in Vistra Corp. (NYSE:VST - Free Report) by 49.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,750 shares of the company's stock after selling 20,252 shares during the quarter. DRW Securities LLC's holdings in Vistra were worth $2,861,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Lionsbridge Wealth Management LLC acquired a new position in Vistra during the fourth quarter worth approximately $277,000. Dakota Wealth Management purchased a new stake in shares of Vistra during the 4th quarter valued at $231,000. Retirement Systems of Alabama grew its stake in shares of Vistra by 9.6% during the 3rd quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock valued at $9,361,000 after buying an additional 6,920 shares during the period. First Sabrepoint Capital Management LP acquired a new stake in shares of Vistra during the 3rd quarter worth $17,781,000. Finally, Legal Advantage Investments Inc. purchased a new position in shares of Vistra in the 4th quarter worth $565,000. Institutional investors and hedge funds own 90.88% of the company's stock.
Insiders Place Their Bets
In related news, Director Paul M. Barbas sold 24,136 shares of the company's stock in a transaction on Monday, March 3rd. The shares were 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 of the company's stock, valued at $6,341,513.97. This represents a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John William Pitesa acquired 1,500 shares of Vistra stock in a transaction on Wednesday, March 12th. The shares were bought at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the purchase, the director now directly owns 3,467 shares in the company, valued at $439,442.25. The trade was 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.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on VST shares. UBS Group lowered their price target on Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research report on Friday. JPMorgan Chase & Co. dropped their target price on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. The Goldman Sachs Group began coverage on shares of Vistra in a report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price target on the stock. Daiwa America raised shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. Finally, Evercore ISI assumed coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 target price on the stock. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $159.69.
Read Our Latest Analysis on VST
Vistra Stock Up 2.3 %
Shares of Vistra stock traded up $2.46 during trading hours on Friday, hitting $111.72. 5,250,949 shares of the company's stock traded hands, compared to its average volume of 7,905,322. Vistra Corp. has a twelve month low of $64.26 and a twelve month high of $199.84. The company has a market cap of $38.00 billion, a PE ratio of 20.84, a PEG ratio of 1.12 and a beta of 1.21. 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 stock has a 50 day simple moving average of $133.17 and a 200-day simple moving average of $141.54.
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 paid a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend was Thursday, March 20th. This is a positive change from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is 12.62%.
Vistra Company Profile
(
Free Report)
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.
Recommended Stories
Before you consider Vistra, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vistra wasn't on the list.
While Vistra currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
