Vistra Corp. (NYSE:VST) Stock Holdings Raised by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. increased its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 85.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 155,144 shares of the company's stock after buying an additional 71,373 shares during the period. Royal London Asset Management Ltd.'s holdings in Vistra were worth $21,390,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VST. Trivest Advisors Ltd grew its holdings in shares of Vistra by 139.3% in the 4th quarter. Trivest Advisors Ltd now owns 112,000 shares of the company's stock worth $15,441,000 after acquiring an additional 65,200 shares during the period. Harvest Fund Management Co. Ltd grew its holdings in Vistra by 16.1% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 23,934 shares of the company's stock valued at $3,301,000 after purchasing an additional 3,326 shares during the last quarter. Crown Advisors Management Inc. purchased a new position in shares of Vistra in the fourth quarter valued at $1,378,000. Fox Hill Wealth Management increased its position in shares of Vistra by 1.5% in the fourth quarter. Fox Hill Wealth Management now owns 21,420 shares of the company's stock valued at $2,953,000 after buying an additional 322 shares in the last quarter. Finally, Xponance Inc. raised its stake in shares of Vistra by 15.7% during the 4th quarter. Xponance Inc. now owns 87,920 shares of the company's stock worth $12,122,000 after buying an additional 11,936 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity at Vistra

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the firm's stock in a transaction on Wednesday, March 12th. The stock was bought at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of Vistra 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 transaction, the director now owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their position. The disclosure for this sale can be found here. 1.42% of the stock is owned by insiders.

Vistra Trading Down 5.8 %

Vistra stock traded down $7.71 during trading on Wednesday, reaching $124.11. The company had a trading volume of 6,713,647 shares, compared to its average volume of 9,291,328. Vistra Corp. has a 12-month low of $64.26 and a 12-month 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's 50 day moving average price is $150.42 and its two-hundred day moving average price is $139.90. The firm has a market capitalization of $42.22 billion, a price-to-earnings ratio of 23.15, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be given a $0.2235 dividend. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.72%. The ex-dividend date is Thursday, March 20th. Vistra's dividend payout ratio (DPR) is 12.62%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on VST shares. Daiwa America raised shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. BMO Capital Markets raised their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 22nd. UBS Group upped their target price on Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. Evercore ISI assumed coverage on Vistra in a research report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price target for the company. Finally, Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and reduced their price objective for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $162.83.

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.