Vistra Corp. (NYSE:VST) is Two Seas Capital LP's 6th Largest Position

Two Seas Capital LP boosted its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 50.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 379,085 shares of the company's stock after buying an additional 126,419 shares during the quarter. Vistra accounts for approximately 4.5% of Two Seas Capital LP's investment portfolio, making the stock its 6th largest position. Two Seas Capital LP owned 0.11% of Vistra worth $52,264,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of VST. Voya Investment Management LLC lifted its stake in shares of Vistra by 1.0% during the 4th quarter. Voya Investment Management LLC now owns 502,342 shares of the company's stock worth $69,258,000 after acquiring an additional 5,046 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of Vistra by 34.9% during the fourth quarter. Integrated Wealth Concepts LLC now owns 6,029 shares of the company's stock valued at $831,000 after purchasing an additional 1,560 shares during the period. D1 Capital Partners L.P. bought a new position in shares of Vistra in the fourth quarter worth about $92,649,000. Beck Capital Management LLC bought a new position in shares of Vistra in the fourth quarter worth about $4,620,000. Finally, Fuller & Thaler Asset Management Inc. increased its stake in Vistra by 170.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,765 shares of the company's stock worth $795,000 after buying an additional 3,635 shares during the period. Institutional investors own 90.88% of the company's stock.

Insiders Place Their Bets

In other news, Director Paul M. Barbas sold 24,136 shares of Vistra 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 completion of 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John William Pitesa bought 1,500 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the transaction, the director now owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.42% of the company's stock.

Analyst Upgrades and Downgrades

VST has been the subject of several research reports. The Goldman Sachs Group started coverage on shares of Vistra in a research report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price objective for the company. JPMorgan Chase & Co. dropped their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Daiwa America raised Vistra to a "hold" rating in a research report on Wednesday, March 5th. Bank of America raised 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 report on Tuesday, March 4th. Finally, Evercore ISI assumed coverage on Vistra in a research note on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $166.17.

Vistra Stock Up 2.3 %

Shares of NYSE:VST traded up $2.93 during trading on Monday, reaching $129.57. The stock had a trading volume of 4,328,760 shares, compared to its average volume of 7,900,945. The firm's 50-day simple moving average is $122.87 and its 200 day simple moving average is $140.86. 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 Corp. has a one year low of $66.50 and a one year high of $199.84. The company has a market capitalization of $44.07 billion, a P/E ratio of 24.17, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were paid a $0.2235 dividend. This represents a $0.89 annualized dividend and a yield of 0.69%. This is an increase from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 20th. 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.