Ontario Teachers Pension Plan Board Has $2.62 Million Holdings in Vistra Corp. (NYSE:VST)

Ontario Teachers Pension Plan Board lifted its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 729.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 19,017 shares of the company's stock after purchasing an additional 16,723 shares during the quarter. Ontario Teachers Pension Plan Board's holdings in Vistra were worth $2,622,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Chiron Investment Management LLC grew its position in shares of Vistra by 192.0% during the fourth quarter. Chiron Investment Management LLC now owns 19,679 shares of the company's stock worth $2,713,000 after buying an additional 12,940 shares in the last quarter. Canada Post Corp Registered Pension Plan acquired a new position in Vistra during the 4th quarter worth $1,213,000. LaSalle St. Investment Advisors LLC bought a new stake in shares of Vistra in the 4th quarter worth about $341,000. Hanlon Investment Management Inc. raised its stake in shares of Vistra by 12.2% in the 4th quarter. Hanlon Investment Management Inc. now owns 4,633 shares of the company's stock valued at $639,000 after purchasing an additional 505 shares in the last quarter. Finally, CreativeOne Wealth LLC raised its stake in shares of Vistra by 144.5% in the 4th quarter. CreativeOne Wealth LLC now owns 8,531 shares of the company's stock valued at $1,176,000 after purchasing an additional 5,042 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Stock Down 0.5 %

Vistra stock traded down $0.61 during mid-day trading on Friday, hitting $115.26. 4,836,332 shares of the company's stock were exchanged, compared to its average volume of 7,892,088. The stock has a market cap of $39.21 billion, a P/E ratio of 21.50, a P/E/G ratio of 1.12 and a beta of 1.21. The stock has a 50 day moving average of $128.85 and a two-hundred day moving average of $141.13. Vistra Corp. has a 1-year low of $64.26 and a 1-year high of $199.84. 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 business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were issued a $0.2235 dividend. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.78%. The ex-dividend date was Thursday, March 20th. Vistra's payout ratio is 12.62%.

Insiders Place Their Bets

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total value of $2,997,449.84. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John William Pitesa purchased 1,500 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, 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 disclosure for this purchase can be found here. Company insiders own 1.42% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. 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 price objective on the stock. JPMorgan Chase & Co. dropped their target price on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. Daiwa Capital Markets assumed coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price objective on the stock. BMO Capital Markets increased their target price on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. Finally, Daiwa America raised Vistra to a "hold" rating in a research note on Wednesday, March 5th. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, Vistra presently has an average rating of "Moderate Buy" and a consensus price target of $159.69.

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.