Keystone Investors PTE Ltd. purchased a new position in shares of Vistra Corp. (NYSE:VST - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,940 shares of the company's stock, valued at approximately $1,784,000.
Other large investors also recently bought and sold shares of the company. Pathway Financial Advisers LLC increased its holdings in shares of 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 buying an additional 154 shares during the last quarter. Avior Wealth Management LLC grew its position in Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after acquiring an additional 65 shares during the period. Founders Capital Management purchased a new position in shares of Vistra in the 4th quarter worth about $28,000. West Branch Capital LLC purchased a new position in shares of Vistra in the 4th quarter worth about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vistra in the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 90.88% of the company's stock.
Vistra Stock Down 0.2 %
Shares of NYSE VST traded down $0.26 during midday trading on Friday, reaching $119.05. 7,019,711 shares of the company's stock were exchanged, compared to its average volume of 7,723,410. The stock has a market capitalization of $40.49 billion, a PE ratio of 22.21, 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 debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The business's fifty day moving average price is $147.39 and its two-hundred day moving average price is $140.40.
Vistra Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be given a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.75%. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. Vistra's dividend payout ratio is presently 12.62%.
Analyst Ratings Changes
VST has been the topic of several research reports. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and cut their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. BMO Capital Markets raised their target price 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. JPMorgan Chase & Co. decreased their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday. Daiwa Capital Markets initiated coverage on Vistra in a research report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price objective on the stock. Finally, Daiwa America upgraded Vistra to a "hold" rating in a research note on Wednesday, March 5th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, Vistra currently has an average rating of "Moderate Buy" and a consensus price target of $163.50.
Read Our Latest Research Report on VST
Insider Activity
In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the sale, the director now owns 51,063 shares in the company, valued at $6,341,513.97. This represents a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John William Pitesa bought 1,500 shares of the firm's stock in a transaction dated Wednesday, March 12th. The stock was purchased at an average price of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now 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. Company insiders own 1.42% of the company's stock.
About Vistra
(
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.
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