15,000 Shares in Vistra Corp. (NYSE:VST) Purchased by Value Star Asset Management Hong Kong Ltd

Value Star Asset Management Hong Kong Ltd purchased a new stake in shares of Vistra Corp. (NYSE:VST - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 15,000 shares of the company's stock, valued at approximately $2,068,000. Vistra accounts for approximately 7.1% of Value Star Asset Management Hong Kong Ltd's holdings, making the stock its 5th biggest holding.

Several other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Vistra in the fourth quarter valued at approximately $237,441,000. Massachusetts Financial Services Co. MA raised its position in Vistra by 51.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,826,631 shares of the company's stock valued at $453,609,000 after purchasing an additional 1,293,974 shares during the period. State Street Corp increased its position in shares of Vistra by 6.8% during the third quarter. State Street Corp now owns 16,355,255 shares of the company's stock worth $1,938,752,000 after acquiring an additional 1,037,402 shares during the period. Janus Henderson Group PLC increased its position in shares of Vistra by 36.0% during the third quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company's stock worth $448,320,000 after acquiring an additional 1,000,307 shares during the period. Finally, Rubric Capital Management LP grew its stake in shares of Vistra by 60.1% during the third quarter. Rubric Capital Management LP now owns 2,125,000 shares of the company's stock worth $251,898,000 after purchasing an additional 797,894 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

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Analysts Set New Price Targets

VST has been the subject of a number of analyst reports. Morgan Stanley boosted their target price on shares of Vistra from $135.00 to $169.00 and gave the stock an "overweight" rating in a research note on Friday, November 22nd. Daiwa Capital Markets initiated coverage on shares of Vistra in a research note on Wednesday. They set a "neutral" rating and a $120.00 target price for the company. BMO Capital Markets boosted their target price 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. Evercore ISI initiated coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price for the company. Finally, UBS Group boosted their target price on shares of Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a research note on Friday, January 3rd. 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, Vistra currently has an average rating of "Moderate Buy" and a consensus price target of $162.83.

Insider Transactions at Vistra

In other news, Director Scott B. Helm sold 20,000 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the completion of the sale, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. This represents a 5.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.42% of the company's stock.

Vistra Stock Performance

Shares of VST traded down $0.45 during mid-day trading on Friday, hitting $113.96. 9,790,691 shares of the company's stock were exchanged, compared to its average volume of 9,662,566. Vistra Corp. has a fifty-two week low of $57.50 and a fifty-two week high of $199.84. The firm has a market capitalization of $38.77 billion, a P/E ratio of 21.26, a P/E/G ratio of 1.12 and a beta of 1.21. The business's 50 day moving average is $158.53 and its two-hundred day moving average is $135.25. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.2235 per share. This is an increase from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. This represents a $0.89 annualized dividend and a dividend yield of 0.78%. Vistra's dividend payout ratio is 12.62%.

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.