Price T Rowe Associates Inc. MD Boosts Holdings in Vistra Corp. (NYSE:VST)

Price T Rowe Associates Inc. MD grew its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,072,045 shares of the company's stock after buying an additional 132,530 shares during the period. Price T Rowe Associates Inc. MD owned 0.61% of Vistra worth $285,674,000 at the end of the most recent reporting period.

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

Insider Activity at Vistra

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, with a total value of $190,125.00. Following the completion of the purchase, the director now directly owns 3,467 shares of the company's stock, valued at approximately $439,442.25. The trade was a 76.26 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the firm'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 transaction of $2,997,449.84. Following the transaction, the director now directly owns 51,063 shares of the company's stock, valued at $6,341,513.97. This represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. 1.42% of the stock is currently owned by company insiders.

Vistra Trading Down 0.4 %

NYSE:VST traded down $0.48 during mid-day trading on Tuesday, reaching $129.14. 3,323,160 shares of the company's stock traded hands, compared to its average volume of 7,883,364. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $199.84. The firm has a market capitalization of $43.93 billion, a price-to-earnings ratio of 24.10, a PEG ratio of 1.12 and a beta of 1.21. The company has a 50 day moving average price of $122.07 and a 200-day moving average price of $140.89.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were paid a $0.2235 dividend. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a yield of 0.69%. Vistra's dividend payout ratio (DPR) is presently 12.62%.

Wall Street Analysts Forecast Growth

VST has been the subject of a number of research reports. JPMorgan Chase & Co. cut their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Evercore ISI started coverage on Vistra in a research note on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 target price for the company. Daiwa America raised shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. The Goldman Sachs Group assumed coverage on shares of Vistra in a research note on Friday, April 4th. They issued a "neutral" rating and a $134.00 price objective for the company. Finally, BMO Capital Markets lifted their target price on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, Vistra has an average rating of "Moderate Buy" and a consensus price target of $166.17.

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.