Ossiam Makes New $738,000 Investment in Vistra Corp. (NYSE:VST)

Ossiam acquired a new stake in Vistra Corp. (NYSE:VST - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,350 shares of the company's stock, valued at approximately $738,000.

A number of other hedge funds have also made changes to their positions in VST. Avior Wealth Management LLC raised its stake in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after buying an additional 65 shares in the last quarter. Pathway Financial Advisers LLC boosted its position in shares of Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 154 shares in the last quarter. Founders Capital Management acquired a new position in shares of Vistra in the 4th quarter worth approximately $28,000. West Branch Capital LLC bought a new stake in shares of Vistra in the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in Vistra during the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Wall Street Analysts Forecast Growth

VST has been the subject of several research reports. Daiwa America raised Vistra to a "hold" rating in a research note on Wednesday, March 5th. BMO Capital Markets lifted their price target on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 22nd. UBS Group decreased their target price on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a report on Friday, April 11th. JPMorgan Chase & Co. cut their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. Finally, Daiwa Capital Markets began coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price objective for the company. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $166.17.

Vistra Stock Performance

VST stock opened at $106.63 on Tuesday. The company has a market capitalization of $36.27 billion, a price-to-earnings ratio of 19.89, a P/E/G ratio of 1.12 and a beta of 1.21. The firm has a 50 day moving average of $126.60 and a two-hundred day moving average of $141.03. 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 Corp. has a 12 month low of $65.32 and a 12 month high of $199.84.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were given a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a yield of 0.84%. This is an increase from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. Vistra's dividend payout ratio is presently 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 on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the completion of the transaction, the director now owns 51,063 shares of the company's stock, valued at $6,341,513.97. The trade was a 32.10 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John William Pitesa purchased 1,500 shares of the stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the transaction, the director now 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 disclosure for this purchase can be found here. Corporate insiders own 1.42% of the company's stock.

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.

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