United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Makes New $317,000 Investment in Vistra Corp. (NYSE:VST)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in Vistra Corp. (NYSE:VST - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 2,300 shares of the company's stock, valued at approximately $317,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Great Valley Advisor Group Inc. bought a new position in shares of Vistra during the third quarter worth about $276,000. Cerity Partners LLC increased its stake in shares of Vistra by 10.1% in the third quarter. Cerity Partners LLC now owns 52,268 shares of the company's stock valued at $6,196,000 after purchasing an additional 4,778 shares during the period. Kingsview Wealth Management LLC raised its holdings in shares of Vistra by 12.2% during the third quarter. Kingsview Wealth Management LLC now owns 3,490 shares of the company's stock valued at $414,000 after buying an additional 379 shares during the last quarter. Penserra Capital Management LLC boosted its position in shares of Vistra by 17,610.0% during the third quarter. Penserra Capital Management LLC now owns 5,313 shares of the company's stock worth $629,000 after buying an additional 5,283 shares during the period. Finally, Centaurus Financial Inc. grew its holdings in Vistra by 64.6% in the 3rd quarter. Centaurus Financial Inc. now owns 2,067 shares of the company's stock worth $245,000 after buying an additional 811 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VST has been the subject of a number of analyst reports. Evercore ISI began 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. UBS Group upped their price objective on shares of Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a report on Friday, January 3rd. Daiwa Capital Markets initiated coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price target on the stock. BMO Capital Markets upped their price target 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. Finally, Daiwa America upgraded shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, Vistra presently has an average rating of "Moderate Buy" and a consensus price target of $163.50.

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Insider Buying and Selling

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

Vistra Trading Down 0.2 %

Vistra stock traded down $0.26 during midday trading on Friday, reaching $119.05. The stock had a trading volume of 7,019,711 shares, compared to its average volume of 7,723,410. Vistra Corp. has a twelve month low of $64.26 and a twelve month high of $199.84. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The firm has a market cap of $40.49 billion, a price-to-earnings ratio of 22.21, a PEG ratio of 1.12 and a beta of 1.21. The firm's fifty day simple moving average is $147.39 and its two-hundred day simple moving average is $140.40.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be given a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a yield of 0.75%. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. Vistra's payout ratio is presently 12.62%.

About Vistra

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.