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Vistra Corp. (NYSE:VST) Shares Bought by Natixis Advisors LLC

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Natixis Advisors LLC lifted its position in Vistra Corp. (NYSE:VST - Free Report) by 25.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,317 shares of the company's stock after purchasing an additional 26,464 shares during the period. Natixis Advisors LLC's holdings in Vistra were worth $17,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in VST. Lionsbridge Wealth Management LLC purchased a new stake in shares of Vistra during the 4th quarter worth about $277,000. Dakota Wealth Management acquired a new position in Vistra in the 4th quarter worth about $231,000. Retirement Systems of Alabama boosted its position in Vistra by 9.6% during the third quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock worth $9,361,000 after purchasing an additional 6,920 shares in the last quarter. First Sabrepoint Capital Management LP acquired a new stake in Vistra in the third quarter valued at approximately $17,781,000. Finally, Legal Advantage Investments Inc. purchased a new stake in shares of Vistra in the fourth quarter valued at approximately $565,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director John William Pitesa purchased 1,500 shares of Vistra stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average cost of $126.75 per share, with a total value of $190,125.00. Following the purchase, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value 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 position. The disclosure for this sale can be found here. 1.42% of the stock is owned by insiders.

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Vistra Trading Down 0.9 %

Shares of VST traded down $1.15 during midday trading on Friday, reaching $130.75. The company had a trading volume of 7,472,453 shares, compared to its average volume of 7,498,097. 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 50 day simple moving average of $151.74 and a 200-day simple moving average of $138.21. The stock has a market cap of $44.47 billion, a PE ratio of 24.39, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently disclosed 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 is a boost from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.68%. The ex-dividend date of this dividend is Thursday, March 20th. Vistra's dividend payout ratio (DPR) is presently 12.62%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on VST shares. Daiwa America upgraded Vistra to a "hold" rating in a research report on Wednesday, March 5th. BMO Capital Markets increased their price objective on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. Evercore ISI assumed 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. UBS Group raised their price target on shares of 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 began coverage on Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $162.83.

Read Our Latest Analysis on Vistra

Vistra Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Vistra (NYSE:VST)

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