Mizuho Securities USA LLC Has $4.45 Million Position in Vistra Corp. (NYSE:VST)

Mizuho Securities USA LLC increased its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 44.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 32,246 shares of the company's stock after purchasing an additional 9,968 shares during the period. Mizuho Securities USA LLC's holdings in Vistra were worth $4,446,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of VST. Pathway Financial Advisers LLC raised its position in shares of Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 154 shares during the period. Avior Wealth Management LLC lifted its position in Vistra by 56.5% during the fourth 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 bought a new stake in shares of Vistra during the fourth quarter worth approximately $28,000. West Branch Capital LLC acquired 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 during the fourth quarter worth approximately $28,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VST. Daiwa Capital Markets initiated coverage on Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price target for the company. BMO Capital Markets boosted their target price on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. Daiwa America raised shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. Evercore ISI began coverage on shares of Vistra in a report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective for the company. Finally, UBS Group increased their target price on shares of Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a research report on Friday, January 3rd. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $162.83.

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Insider Activity

In related news, Director John William Pitesa bought 1,500 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were purchased at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the transaction, the director now directly owns 3,467 shares of the company's stock, valued at approximately $439,442.25. This represents a 76.26 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction 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 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 disclosure for this sale can be found here. Corporate insiders own 1.42% of the company's stock.

Vistra Price Performance

Shares of NYSE VST traded down $7.71 during trading hours on Wednesday, hitting $124.11. 6,718,217 shares of the stock were exchanged, compared to its average volume of 7,498,219. The company's fifty day simple moving average is $149.52 and its two-hundred day simple moving average is $139.79. The company has a market cap of $42.22 billion, a PE ratio of 23.15, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra Corp. has a 1-year low of $64.26 and a 1-year high of $199.84.

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 issued a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend is Thursday, March 20th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is currently 12.62%.

Vistra Company 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.