Vistra Corp. (NYSE:VST) Shares Bought by Voya Investment Management LLC

Voya Investment Management LLC grew its holdings in Vistra Corp. (NYSE:VST - Free Report) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 502,342 shares of the company's stock after purchasing an additional 5,046 shares during the quarter. Voya Investment Management LLC owned approximately 0.15% of Vistra worth $69,258,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VST. Lionsbridge Wealth Management LLC purchased a new stake in shares of Vistra during the fourth quarter valued at $277,000. Dakota Wealth Management acquired a new position in Vistra in the 4th quarter valued at about $231,000. Retirement Systems of Alabama boosted its stake in Vistra by 9.6% during the third quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock worth $9,361,000 after buying an additional 6,920 shares during the period. Legal Advantage Investments Inc. acquired a new position in shares of Vistra in the 4th quarter worth approximately $565,000. Finally, Viking Fund Management LLC boosted its position in shares of Vistra by 90.0% during the fourth quarter. Viking Fund Management LLC now owns 19,000 shares of the company's stock worth $2,620,000 after buying an additional 9,000 shares during the period. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on VST. JPMorgan Chase & Co. lowered their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Evercore ISI initiated coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price target for the company. Daiwa America raised shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. UBS Group decreased their price objective on shares of Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Finally, Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and decreased their price objective for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $166.17.

Insider Transactions at Vistra

In related 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 value of $2,997,449.84. Following the completion of the transaction, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John William Pitesa purchased 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average price of $126.75 per share, with a total value of $190,125.00. Following the completion of the purchase, the director now directly 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 disclosure for this purchase can be found here. Corporate insiders own 1.42% of the company's stock.

Vistra Stock Up 2.3 %

Shares of NYSE VST traded up $2.93 during midday trading on Monday, reaching $129.57. 4,328,760 shares of the company's stock were exchanged, compared to its average volume of 7,900,945. Vistra Corp. has a 52-week low of $66.50 and a 52-week high of $199.84. The stock has a market capitalization of $44.07 billion, a PE ratio of 24.17, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The business's fifty day moving average price is $122.87 and its two-hundred day moving average price is $140.86.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were given a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.69%. This is a positive change 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%.

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.