58,289 Shares in Vistra Corp. (NYSE:VST) Bought by Thames Capital Management LLC

Thames Capital Management LLC bought a new position in Vistra Corp. (NYSE:VST - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 58,289 shares of the company's stock, valued at approximately $8,036,000. Vistra makes up about 2.2% of Thames Capital Management LLC's holdings, making the stock its 20th largest position.

Other institutional investors have also recently made changes to their positions in the company. Columbus Hill Capital Management L.P. boosted its holdings in shares of Vistra by 0.9% during the 4th quarter. Columbus Hill Capital Management L.P. now owns 111,000 shares of the company's stock valued at $15,304,000 after acquiring an additional 1,000 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in Vistra by 4.1% in the fourth quarter. Quadrant Capital Group LLC now owns 4,365 shares of the company's stock worth $602,000 after purchasing an additional 171 shares during the last quarter. Russell Investments Group Ltd. grew its position in Vistra by 17.9% in the 4th quarter. Russell Investments Group Ltd. now owns 951,294 shares of the company's stock worth $131,157,000 after purchasing an additional 144,711 shares during the period. Hurley Capital LLC purchased a new stake in Vistra during the 4th quarter valued at $1,535,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Vistra by 28.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 198,078 shares of the company's stock valued at $27,309,000 after buying an additional 44,161 shares during the period. Hedge funds and other institutional investors own 90.88% of the company's stock.

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Insider Buying and Selling

In related news, Director John William Pitesa bought 1,500 shares of the stock in a transaction dated Wednesday, March 12th. The shares were purchased at an average price of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares of the company's stock, valued at $439,442.25. This represents a 76.26 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the firm's 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 directly owns 51,063 shares of the company's stock, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.42% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. JPMorgan Chase & Co. reduced their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. The Goldman Sachs Group began coverage on shares of Vistra in a research report on Friday, April 4th. They set a "neutral" rating and a $134.00 price target for the company. Daiwa America raised shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. BMO Capital Markets boosted their target price on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. Finally, Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and dropped their price target for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, Vistra currently has an average rating of "Moderate Buy" and an average target price of $161.23.

Vistra Price Performance

VST stock traded down $6.00 during trading on Thursday, reaching $112.02. The company's stock had a trading volume of 5,047,146 shares, compared to its average volume of 7,867,833. The company's fifty day moving average is $135.49 and its 200-day moving average is $141.42. Vistra Corp. has a 1 year low of $64.26 and a 1 year high of $199.84. The company has a market capitalization of $38.11 billion, a P/E ratio of 20.85, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. 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 announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were paid a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend was Thursday, March 20th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is 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.