SPX Gestao de Recursos Ltda Increases Position in Vistra Corp. (NYSE:VST)

SPX Gestao de Recursos Ltda lifted its position in Vistra Corp. (NYSE:VST - Free Report) by 57.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,333 shares of the company's stock after acquiring an additional 48,000 shares during the period. Vistra accounts for 2.7% of SPX Gestao de Recursos Ltda's holdings, making the stock its 12th largest position. SPX Gestao de Recursos Ltda's holdings in Vistra were worth $18,107,000 at the end of the most recent quarter.

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

Vistra Stock Performance

NYSE VST traded down $3.10 during trading hours on Thursday, hitting $118.82. The company had a trading volume of 2,794,470 shares, compared to its average volume of 7,491,784. The business has a 50 day moving average of $156.60 and a 200-day moving average of $136.53. The company has a market cap of $40.28 billion, a PE ratio of 22.18, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 1-year low of $59.93 and a 1-year 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.

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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. The ex-dividend date of this dividend is Thursday, March 20th. This is a boost from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.75%. Vistra's dividend payout ratio is 12.62%.

Analysts Set New Price Targets

Several research firms have commented on VST. Daiwa America upgraded shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. Evercore ISI started coverage on Vistra in a research note on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price for the company. Morgan Stanley increased their price target on Vistra from $135.00 to $169.00 and gave the company an "overweight" rating in a research report on Friday, November 22nd. BMO Capital Markets raised 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. Finally, Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and dropped their price objective for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, Vistra currently has a consensus rating of "Moderate Buy" and a consensus price target of $162.83.

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.