Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $9.97 Million Stock Holdings in Vistra Corp. (NYSE:VST)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,342 shares of the company's stock after selling 2,448 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in Vistra were worth $9,974,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Lionsbridge Wealth Management LLC bought a new stake in Vistra in the 4th quarter valued at $277,000. Dakota Wealth Management acquired a new position in shares of Vistra during the fourth quarter valued at about $231,000. Retirement Systems of Alabama lifted its stake in shares of Vistra by 9.6% in the third quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock valued at $9,361,000 after buying an additional 6,920 shares during the period. First Sabrepoint Capital Management LP acquired a new stake in Vistra during the third quarter worth about $17,781,000. Finally, Legal Advantage Investments Inc. bought a new position in Vistra during the fourth quarter valued at about $565,000. 90.88% of the stock is currently owned by institutional investors.

Vistra Price Performance

Shares of VST traded down $7.71 during mid-day trading on Wednesday, hitting $124.11. 6,713,647 shares of the company traded hands, compared to its average volume of 7,499,312. 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 business has a 50-day moving average of $150.42 and a 200 day moving average of $139.90. Vistra Corp. has a one year low of $64.26 and a one year high of $199.84. The stock has a market capitalization of $42.22 billion, a price-to-earnings ratio of 23.15, a PEG ratio of 1.12 and a beta of 1.21.

Remove Ads

Vistra Increases Dividend

The company 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 a boost from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Thursday, March 20th. Vistra's dividend payout ratio (DPR) is 12.62%.

Insider Transactions at Vistra

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 shares were 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 approximately $6,341,513.97. This trade represents 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 the SEC website. Also, Director John William Pitesa bought 1,500 shares of the company's stock in a transaction on 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 transaction, the director now directly owns 3,467 shares in the company, valued at approximately $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 currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on VST. Daiwa Capital Markets initiated coverage on Vistra in a report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price objective on the stock. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and decreased their price target for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. UBS Group increased their price objective on shares of Vistra from $161.00 to $174.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. Daiwa America upgraded shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. Finally, BMO Capital Markets increased 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. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $162.83.

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.