Vistra Corp. (NYSE:VST) Stake Boosted by Hartree Partners LP

Hartree Partners LP raised its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 25.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,400 shares of the company's stock after purchasing an additional 28,650 shares during the quarter. Vistra accounts for approximately 7.4% of Hartree Partners LP's portfolio, making the stock its 3rd largest position. Hartree Partners LP's holdings in Vistra were worth $19,771,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VST. Pathway Financial Advisers LLC increased its holdings in Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock worth $25,000 after purchasing an additional 154 shares in the last quarter. Avior Wealth Management LLC boosted its holdings in Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after acquiring an additional 65 shares during the last quarter. Founders Capital Management purchased a new position in Vistra during the 4th quarter worth $28,000. West Branch Capital LLC purchased a new stake in shares of Vistra in the fourth quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vistra in the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Vistra Stock Performance

VST stock traded up $5.06 during midday trading on Wednesday, reaching $127.30. 2,961,819 shares of the company's stock traded hands, compared to its average volume of 7,715,751. Vistra Corp. has a 52 week low of $64.26 and a 52 week high of $199.84. The company has a 50-day moving average price of $145.05 and a two-hundred day moving average price of $141.35. 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 firm has a market capitalization of $43.30 billion, a PE ratio of 23.75, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

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Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were issued a $0.2235 dividend. This represents a $0.89 annualized dividend and a yield of 0.70%. This is an increase from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. Vistra's dividend payout ratio (DPR) is presently 12.62%.

Insider Buying and Selling

In related news, Director John William Pitesa acquired 1,500 shares of the company's stock in a transaction dated 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 acquisition, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. The trade was a 76.26 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction dated 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 transaction, the director now owns 51,063 shares in the company, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.42% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VST. Evercore ISI initiated coverage on shares of Vistra in a research report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective for the company. Daiwa America raised Vistra to a "hold" rating in a report on Wednesday, March 5th. BMO Capital Markets lifted their price target on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a report on Wednesday, January 22nd. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Finally, Daiwa Capital Markets began coverage on Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price on the stock. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $163.50.

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.