Vistra Corp. (NYSE:VST) Shares Sold by Atika Capital Management LLC

Atika Capital Management LLC decreased its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 33.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,500 shares of the company's stock after selling 36,500 shares during the period. Vistra comprises 1.1% of Atika Capital Management LLC's investment portfolio, making the stock its 26th biggest position. Atika Capital Management LLC's holdings in Vistra were worth $10,133,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Rockefeller Capital Management L.P. increased its position in shares of Vistra by 68.5% during the third quarter. Rockefeller Capital Management L.P. now owns 21,474 shares of the company's stock worth $2,545,000 after acquiring an additional 8,727 shares during the period. Integrated Wealth Concepts LLC raised its position in Vistra by 4.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 4,469 shares of the company's stock valued at $530,000 after purchasing an additional 204 shares in the last quarter. IHT Wealth Management LLC raised its position in Vistra by 45.9% in the 3rd quarter. IHT Wealth Management LLC now owns 9,473 shares of the company's stock valued at $1,126,000 after purchasing an additional 2,981 shares in the last quarter. Morse Asset Management Inc purchased a new position in shares of Vistra in the 3rd quarter valued at about $631,000. Finally, Quantinno Capital Management LP raised its holdings in Vistra by 31.7% in the third quarter. Quantinno Capital Management LP now owns 23,074 shares of the company's stock valued at $2,735,000 after acquiring an additional 5,558 shares in the last quarter. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VST shares. Evercore ISI assumed coverage on shares of Vistra in a report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. The Goldman Sachs Group initiated coverage on Vistra in a report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price objective for the company. BMO Capital Markets upped their price target 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, UBS Group raised their price objective on shares of Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a research report on Friday, January 3rd. Three investment 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, the company has a consensus rating of "Moderate Buy" and a consensus price target of $161.23.

Insider Activity

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the transaction, 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Paul M. Barbas sold 24,136 shares of the firm's stock in a transaction dated 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 owns 51,063 shares of the company's stock, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.42% of the company's stock.

Vistra Price Performance

Shares of NYSE VST traded down $1.12 during trading on Wednesday, hitting $101.07. 3,217,749 shares of the company were exchanged, compared to its average volume of 7,838,280. The firm's fifty day moving average price is $137.61 and its 200 day moving average price is $141.53. 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 company has a market cap of $34.38 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 1 year low of $64.26 and a 1 year high of $199.84.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were issued a $0.2235 dividend. The ex-dividend date was 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 yield of 0.88%. Vistra's dividend payout ratio (DPR) is 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.