Vistra Corp. (NYSE:VST) Shares Sold by River Road Asset Management LLC

River Road Asset Management LLC cut its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 94.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,097 shares of the company's stock after selling 333,212 shares during the period. River Road Asset Management LLC's holdings in Vistra were worth $2,909,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. SPX Gestao de Recursos Ltda raised its position in Vistra by 57.6% in the fourth quarter. SPX Gestao de Recursos Ltda now owns 131,333 shares of the company's stock valued at $18,107,000 after purchasing an additional 48,000 shares during the period. Citizens Financial Group Inc. RI raised its holdings in shares of Vistra by 50.7% in the 4th quarter. Citizens Financial Group Inc. RI now owns 14,528 shares of the company's stock valued at $2,003,000 after buying an additional 4,888 shares during the period. Independent Advisor Alliance raised its holdings in shares of Vistra by 14.2% in the 4th quarter. Independent Advisor Alliance now owns 58,470 shares of the company's stock valued at $8,061,000 after buying an additional 7,261 shares during the period. Paragon Private Wealth Management LLC acquired a new position in Vistra during the 4th quarter worth about $202,000. Finally, Johnson Investment Counsel Inc. purchased a new position in Vistra during the 4th quarter valued at about $229,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Trading Up 5.4 %

NYSE VST opened at $114.40 on Wednesday. Vistra Corp. has a one year low of $58.00 and a one year high of $199.84. The firm has a market cap of $38.78 billion, a PE ratio of 21.34, a P/E/G ratio of 1.12 and a beta of 1.21. The firm's fifty day moving average is $156.91 and its two-hundred day moving average is $136.63. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11.

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 $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 0.78%. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. Vistra's dividend payout ratio (DPR) is 12.62%.

Analysts Set New Price Targets

VST has been the topic of a number of recent research reports. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and cut their price target for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Daiwa America upgraded shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Evercore ISI assumed coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price target for the company. UBS Group increased their price objective 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 began coverage on Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Vistra currently has an average rating of "Moderate Buy" and an average target price of $162.83.

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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.

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