Quantbot Technologies LP Acquires Shares of 15,327 Vistra Corp. (NYSE:VST)

Quantbot Technologies LP bought a new stake in shares of Vistra Corp. (NYSE:VST - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,327 shares of the company's stock, valued at approximately $2,113,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in Vistra in the fourth quarter valued at about $237,441,000. Appaloosa LP raised its stake in Vistra by 112.5% during the 4th quarter. Appaloosa LP now owns 2,700,000 shares of the company's stock worth $372,249,000 after acquiring an additional 1,429,612 shares during the period. State Street Corp boosted its position in shares of Vistra by 6.8% in the third quarter. State Street Corp now owns 16,355,255 shares of the company's stock worth $1,938,752,000 after purchasing an additional 1,037,402 shares during the period. Janus Henderson Group PLC increased its stake in shares of Vistra by 36.0% in the third quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company's stock worth $448,320,000 after purchasing an additional 1,000,307 shares in the last quarter. Finally, Rubric Capital Management LP raised its position in shares of Vistra by 60.1% during the 3rd quarter. Rubric Capital Management LP now owns 2,125,000 shares of the company's stock valued at $251,898,000 after purchasing an additional 797,894 shares during the period. Hedge funds and other institutional investors own 90.88% of the company's stock.

Analyst Upgrades and Downgrades

VST has been the topic of several research analyst reports. BMO Capital Markets boosted their price objective 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 shares of Vistra in a research report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective on the stock. Daiwa Capital Markets started coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price for the company. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and reduced their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Finally, Daiwa America upgraded Vistra to a "hold" rating in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $162.83.

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Insider Activity at Vistra

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the business'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 transaction, the director now owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. This trade 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 5.8 %

Shares of VST stock traded down $7.71 during trading hours on Wednesday, reaching $124.11. 6,718,217 shares of the stock were exchanged, compared to its average volume of 7,498,219. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The firm has a market capitalization of $42.22 billion, a price-to-earnings ratio of 23.15, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 12-month low of $64.26 and a 12-month high of $199.84. The company's 50-day moving average price is $149.52 and its 200-day moving average price is $139.79.

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

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.