Vistra Corp. (NYSE:VST) Stock Position Raised by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its holdings in Vistra Corp. (NYSE:VST - Free Report) by 385.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 407,573 shares of the company's stock after purchasing an additional 323,540 shares during the period. Teacher Retirement System of Texas owned approximately 0.12% of Vistra worth $56,192,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in VST. Peregrine Asset Advisers Inc. increased its position in shares of Vistra by 3.2% in the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock valued at $285,000 after acquiring an additional 64 shares during the period. Avior Wealth Management LLC lifted its stake in Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after acquiring an additional 65 shares during the period. Galvin Gaustad & Stein LLC increased its position in Vistra by 3.6% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock valued at $286,000 after purchasing an additional 73 shares during the period. OneDigital Investment Advisors LLC lifted its stake in shares of Vistra by 3.0% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company's stock valued at $333,000 after purchasing an additional 81 shares during the period. Finally, Csenge Advisory Group boosted its position in shares of Vistra by 1.7% during the fourth quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock valued at $703,000 after purchasing an additional 83 shares in the last quarter. Institutional investors own 90.88% of the company's stock.

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Vistra Stock Performance

VST stock traded up $4.39 during trading on Monday, hitting $134.97. The company had a trading volume of 7,754,068 shares, compared to its average volume of 7,505,977. The firm has a 50-day moving average price of $151.74 and a 200-day moving average price of $139.08. Vistra Corp. has a 1-year low of $64.26 and a 1-year high of $199.84. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The firm has a market cap of $45.91 billion, a PE ratio of 25.18, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be issued a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date is Thursday, March 20th. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is currently 12.62%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on VST. Evercore ISI started coverage on Vistra in a research report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price target for the company. BMO Capital Markets lifted their target price on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. 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 report on Tuesday, March 4th. UBS Group lifted their target price on Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. Finally, Daiwa Capital Markets initiated coverage on shares of Vistra in a report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price objective for the company. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $162.83.

Insider Buying and Selling

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the 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 sale, the director now directly owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. This represents a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John William Pitesa purchased 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 transaction, the director now directly owns 3,467 shares of the company's stock, valued at approximately $439,442.25. The trade was a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is currently owned by insiders.

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.