Polymer Capital Management HK LTD Has $4.11 Million Position in Vistra Corp. (NYSE:VST)

Polymer Capital Management HK LTD increased its position in Vistra Corp. (NYSE:VST - Free Report) by 10.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,779 shares of the company's stock after purchasing an additional 2,747 shares during the quarter. Polymer Capital Management HK LTD's holdings in Vistra were worth $4,106,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of VST. Lionsbridge Wealth Management LLC bought a new position in shares of Vistra in the 4th quarter worth about $277,000. Dakota Wealth Management bought a new stake in shares of Vistra during the 4th quarter worth about $231,000. Retirement Systems of Alabama boosted its stake in Vistra by 9.6% during the 3rd quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock valued at $9,361,000 after purchasing an additional 6,920 shares in the last quarter. First Sabrepoint Capital Management LP bought a new stake in Vistra in the third quarter worth about $17,781,000. Finally, Legal Advantage Investments Inc. bought a new stake in shares of Vistra in the 4th quarter worth approximately $565,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Vistra Stock Down 4.7 %

VST stock traded down $5.55 during trading hours on Thursday, hitting $112.48. The company's stock had a trading volume of 5,521,601 shares, compared to its average volume of 7,870,254. Vistra Corp. has a 12 month low of $64.26 and a 12 month high of $199.84. The stock has a 50 day moving average price of $135.49 and a two-hundred day moving average price of $141.42. 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 company has a market capitalization of $38.26 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

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Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were paid a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.79%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. Vistra's payout ratio is presently 12.62%.

Insider Buying and Selling at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of Vistra 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 transaction, the director now directly owns 51,063 shares of the company's stock, valued at $6,341,513.97. The trade was a 32.10 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John William Pitesa acquired 1,500 shares of Vistra stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the transaction, the director now directly owns 3,467 shares of the company's stock, valued at $439,442.25. This trade represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 1.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Daiwa America upgraded Vistra to a "hold" rating in a report on Wednesday, March 5th. Evercore ISI started coverage on shares of Vistra in a research report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 target price on the stock. UBS Group upped their price target on shares of Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research report on Friday, January 3rd. Daiwa Capital Markets started coverage on shares of Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price on the stock. Finally, JPMorgan Chase & Co. lowered their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $161.23.

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.