LSV Asset Management Sells 1,971,672 Shares of Vistra Corp. (NYSE:VST)

LSV Asset Management lowered its holdings in Vistra Corp. (NYSE:VST - Free Report) by 68.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 896,488 shares of the company's stock after selling 1,971,672 shares during the period. LSV Asset Management owned about 0.26% of Vistra worth $123,599,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Peregrine Asset Advisers Inc. raised its holdings in shares of Vistra by 3.2% in the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock worth $285,000 after purchasing an additional 64 shares during the period. Avior Wealth Management LLC raised its stake in shares of Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after buying an additional 65 shares during the period. Galvin Gaustad & Stein LLC lifted its position in shares of Vistra by 3.6% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock valued at $286,000 after buying an additional 73 shares during the last quarter. Csenge Advisory Group grew its stake in shares of Vistra by 1.7% during the 4th quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock worth $703,000 after acquiring an additional 83 shares during the period. Finally, New Century Financial Group LLC increased its holdings in Vistra by 3.5% in the 4th quarter. New Century Financial Group LLC now owns 2,760 shares of the company's stock worth $381,000 after acquiring an additional 94 shares during the last quarter. Institutional investors own 90.88% of the company's stock.

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Analyst Ratings Changes

Several equities research analysts have commented 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 price objective on the stock. Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and lowered their target price for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. BMO Capital Markets lifted their price target on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective on the stock. Finally, UBS Group reduced their target price on Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a report on Friday. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $159.69.

Vistra Price Performance

VST traded up $2.46 during trading on Friday, reaching $111.72. The stock had a trading volume of 5,250,949 shares, compared to its average volume of 7,890,819. The business has a 50-day moving average of $133.17 and a 200-day moving average of $141.35. Vistra Corp. has a one year low of $64.26 and a one 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 stock 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.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were issued a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.80%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 20th. Vistra's dividend payout ratio (DPR) is currently 12.62%.

Insiders Place Their Bets

In other news, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction that occurred 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 completion of the sale, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director John William Pitesa acquired 1,500 shares of the business's stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of $126.75 per share, with a total value of $190,125.00. Following the purchase, the director now directly owns 3,467 shares in the company, valued at $439,442.25. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is owned by insiders.

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.