Headlands Technologies LLC Purchases New Position in Vistra Corp. (NYSE:VST)

Headlands Technologies LLC purchased a new position in Vistra Corp. (NYSE:VST - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,504 shares of the company's stock, valued at approximately $1,172,000.

Other hedge funds also recently made changes to their positions in the company. Avior Wealth Management LLC lifted 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 purchasing an additional 65 shares in the last quarter. Pathway Financial Advisers LLC increased its position 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 buying an additional 154 shares during the period. Founders Capital Management purchased a new stake in shares of Vistra in the fourth quarter worth about $28,000. West Branch Capital LLC bought a new position in shares of Vistra in the fourth quarter valued at approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new position in shares of Vistra in the fourth quarter valued at approximately $28,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on VST shares. Daiwa Capital Markets started coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price on the stock. Evercore ISI began coverage on Vistra in a research report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective on the stock. JPMorgan Chase & Co. dropped their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and decreased their target price for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Finally, UBS Group lifted their price target on Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research report on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, Vistra has a consensus rating of "Moderate Buy" and a consensus price target of $163.50.

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Insider Activity at Vistra

In related news, Director John William Pitesa bought 1,500 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the acquisition, the director now directly owns 3,467 shares of the company's stock, valued at $439,442.25. The trade was a 76.26 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the transaction, the director now directly 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 insiders.

Vistra Price Performance

VST traded down $19.27 during midday trading on Thursday, hitting $107.92. The stock had a trading volume of 12,711,198 shares, compared to its average volume of 7,756,463. Vistra Corp. has a 1 year low of $64.26 and a 1 year high of $199.84. 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 business has a fifty day moving average of $143.86 and a 200 day moving average of $141.25. The company has a market cap of $36.71 billion, a P/E ratio of 20.13, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were paid a $0.2235 dividend. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.83%. Vistra's dividend payout ratio is 12.62%.

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.