Harvest Fund Management Co. Ltd Buys 3,326 Shares of Vistra Corp. (NYSE:VST)

Harvest Fund Management Co. Ltd boosted its position in Vistra Corp. (NYSE:VST - Free Report) by 16.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,934 shares of the company's stock after purchasing an additional 3,326 shares during the period. Harvest Fund Management Co. Ltd's holdings in Vistra were worth $3,301,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of VST. Crown Advisors Management Inc. purchased a new position in shares of Vistra during the 4th quarter valued at $1,378,000. Fox Hill Wealth Management boosted its position in Vistra by 1.5% during the fourth quarter. Fox Hill Wealth Management now owns 21,420 shares of the company's stock worth $2,953,000 after purchasing an additional 322 shares during the period. Xponance Inc. increased its stake in shares of Vistra by 15.7% in the fourth quarter. Xponance Inc. now owns 87,920 shares of the company's stock worth $12,122,000 after purchasing an additional 11,936 shares in the last quarter. Horizon Investments LLC raised its position in shares of Vistra by 69.4% in the fourth quarter. Horizon Investments LLC now owns 19,430 shares of the company's stock valued at $2,679,000 after purchasing an additional 7,961 shares during the period. Finally, Advisors Asset Management Inc. lifted its stake in shares of Vistra by 10.2% during the 4th quarter. Advisors Asset Management Inc. now owns 23,282 shares of the company's stock valued at $3,210,000 after buying an additional 2,147 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Daiwa Capital Markets began coverage on shares of Vistra in a report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price on the stock. BMO Capital Markets boosted their price objective on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. Daiwa America upgraded Vistra to a "hold" rating in a research note on Wednesday, March 5th. Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price for the company. Finally, Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and lowered their price target for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $162.83.

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Vistra Price Performance

Shares of NYSE VST traded down $1.15 during trading hours on Friday, reaching $130.75. 7,472,453 shares of the stock traded hands, compared to its average volume of 7,504,955. The company's 50-day simple moving average is $151.74 and its two-hundred day simple moving average is $138.64. The company has a market capitalization of $44.47 billion, a P/E ratio of 24.39, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 52-week low of $64.26 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.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be paid a $0.2235 dividend. This is a boost from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date is Thursday, March 20th. Vistra's payout ratio is 12.62%.

Insider Buying and Selling at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the business's 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 approximately $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John William Pitesa acquired 1,500 shares of the stock in a transaction dated Wednesday, March 12th. The shares were purchased at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the purchase, 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 disclosure for this purchase can be found here. Corporate insiders own 1.42% of the company's stock.

Vistra 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.