Vistra Corp. (NYSE:VST) Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System trimmed its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 10.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 592,695 shares of the company's stock after selling 66,912 shares during the period. California Public Employees Retirement System owned about 0.17% of Vistra worth $81,715,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of VST. Hartree Partners LP boosted its stake in shares of Vistra by 25.0% during the 4th quarter. Hartree Partners LP now owns 143,400 shares of the company's stock worth $19,771,000 after purchasing an additional 28,650 shares during the last quarter. Schroder Investment Management Group boosted its position in Vistra by 878.1% during the fourth quarter. Schroder Investment Management Group now owns 112,463 shares of the company's stock worth $15,505,000 after acquiring an additional 100,965 shares during the last quarter. L & S Advisors Inc grew its stake in Vistra by 15.6% in the 4th quarter. L & S Advisors Inc now owns 71,570 shares of the company's stock worth $9,867,000 after acquiring an additional 9,666 shares during the period. Strategy Asset Managers LLC raised its holdings in Vistra by 2.1% in the 4th quarter. Strategy Asset Managers LLC now owns 7,949 shares of the company's stock valued at $1,096,000 after acquiring an additional 162 shares during the last quarter. Finally, Tucker Asset Management LLC purchased a new position in shares of Vistra during the 4th quarter worth $28,000. 90.88% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Daiwa America raised Vistra to a "hold" rating in a research report on Wednesday, March 5th. Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price target for the company. The Goldman Sachs Group initiated coverage on shares of Vistra in a research note on Friday. They set a "neutral" rating and a $134.00 price objective for the company. JPMorgan Chase & Co. decreased their target price on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Finally, BMO Capital Markets upped their price target 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. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, Vistra has a consensus rating of "Moderate Buy" and a consensus target price of $161.23.

Vistra Stock Down 9.7 %

NYSE:VST traded down $10.54 during mid-day trading on Friday, hitting $97.67. The company had a trading volume of 7,856,642 shares, compared to its average volume of 7,762,113. Vistra Corp. has a 1 year low of $64.26 and a 1 year high of $199.84. The business has a fifty day simple moving average of $142.18 and a 200-day simple moving average of $141.02. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The firm has a market capitalization of $33.22 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a dividend of $0.2235 per share. The ex-dividend date of this dividend was Thursday, March 20th. 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 0.92%. Vistra's payout ratio is 12.62%.

Insiders Place Their Bets

In other news, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the sale, the director now directly owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John William Pitesa purchased 1,500 shares of Vistra stock in a transaction that occurred on 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 acquisition, the director now directly owns 3,467 shares of the company's stock, valued at $439,442.25. The trade was a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is owned by company 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.