Vistra Corp. (NYSE:VST) Shares Purchased by Scotia Capital Inc.

Scotia Capital Inc. grew its position in Vistra Corp. (NYSE:VST - Free Report) by 55.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,869 shares of the company's stock after acquiring an additional 5,629 shares during the quarter. Scotia Capital Inc.'s holdings in Vistra were worth $2,188,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Avior Wealth Management LLC grew its position in Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Pathway Financial Advisers LLC boosted its stake in shares of Vistra by 616.0% during the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock worth $25,000 after buying an additional 154 shares during the period. Founders Capital Management purchased a new position in shares of Vistra during the fourth quarter worth about $28,000. West Branch Capital LLC acquired a new position in Vistra in the 4th quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in Vistra during the 4th quarter valued at approximately $28,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on VST shares. Daiwa Capital Markets assumed coverage on Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price on the stock. BMO Capital Markets lifted their target price on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. Evercore ISI initiated coverage on shares of Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price target for the company. UBS Group reduced their price objective on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research report on Friday. Finally, The Goldman Sachs Group assumed coverage on Vistra in a research report on Friday, April 4th. They set a "neutral" rating and a $134.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, Vistra currently has a consensus rating of "Moderate Buy" and a consensus target price of $159.69.

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Vistra Price Performance

Shares of Vistra stock traded up $3.05 on Tuesday, hitting $115.74. The company's stock had a trading volume of 3,453,880 shares, compared to its average volume of 7,879,186. The company has a market capitalization of $39.37 billion, a P/E ratio of 21.59, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 52-week low of $64.26 and a 52-week high of $199.84. The firm has a fifty day moving average price of $132.00 and a 200-day moving average price of $141.50. 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 Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were issued a $0.2235 dividend. This represents a $0.89 annualized dividend and a dividend yield of 0.77%. The ex-dividend date was Thursday, March 20th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is 12.62%.

Insider Activity

In related news, Director John William Pitesa purchased 1,500 shares of the business's stock in a transaction dated Wednesday, March 12th. The stock was 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. The trade was a 76.26 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value 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. Company 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.