Vistra Corp. (NYSE:VST) Shares Sold by Vinva Investment Management Ltd

Vinva Investment Management Ltd reduced its position in Vistra Corp. (NYSE:VST - Free Report) by 73.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,618 shares of the company's stock after selling 26,237 shares during the quarter. Vinva Investment Management Ltd's holdings in Vistra were worth $1,347,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VST. Avior Wealth Management LLC increased its holdings in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after acquiring an additional 65 shares during the period. Pathway Financial Advisers LLC grew its stake in Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 154 shares during the last quarter. Founders Capital Management bought a new position in Vistra in the fourth quarter worth about $28,000. West Branch Capital LLC purchased a new stake in shares of Vistra during the fourth quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vistra in the 4th quarter valued at about $28,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VST has been the subject of several recent analyst reports. UBS Group boosted their price objective on shares of Vistra from $161.00 to $174.00 and gave the stock a "buy" rating in a research note on Friday, January 3rd. Daiwa America upgraded Vistra to a "hold" rating in a research note on Wednesday, March 5th. Evercore ISI assumed coverage on shares of Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective on the stock. 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 target price for the company. Finally, BMO Capital Markets boosted their target price on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 22nd. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $162.83.

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Vistra Stock Performance

NYSE:VST traded up $4.39 during mid-day trading on Monday, hitting $134.97. The company's stock had a trading volume of 7,754,068 shares, compared to its average volume of 7,505,968. The business's fifty day moving average is $151.74 and its two-hundred day moving average is $139.08. The stock has a market cap of $45.91 billion, a price-to-earnings ratio of 25.18, a PEG ratio of 1.12 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. Vistra Corp. has a 1 year low of $64.26 and a 1 year high of $199.84.

Vistra Increases Dividend

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

Insider Buying and Selling

In other news, Director John William Pitesa purchased 1,500 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost 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. This represents a 76.26 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul M. Barbas sold 24,136 shares of Vistra 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 completion of 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 disclosure for this sale can be found here. 1.42% of the stock is owned by corporate insiders.

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.