Arrowstreet Capital Limited Partnership boosted its stake in shares of Vistra Corp. (NYSE:VST – Free Report) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 780,508 shares of the company’s stock after purchasing an additional 37,917 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Vistra were worth $125,919,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the stock. Atlas Capital Advisors Inc. acquired a new stake in shares of Vistra during the fourth quarter worth $1,059,000. Aptus Capital Advisors LLC lifted its position in Vistra by 22.9% during the 4th quarter. Aptus Capital Advisors LLC now owns 2,881 shares of the company’s stock worth $465,000 after acquiring an additional 537 shares during the period. Forest Avenue Capital Management LP grew its stake in Vistra by 61.3% during the 4th quarter. Forest Avenue Capital Management LP now owns 1,121,665 shares of the company’s stock valued at $180,958,000 after purchasing an additional 426,374 shares during the last quarter. CreativeOne Wealth LLC grew its stake in Vistra by 6.0% during the 4th quarter. CreativeOne Wealth LLC now owns 7,074 shares of the company’s stock valued at $1,141,000 after purchasing an additional 398 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in shares of Vistra by 1.2% in the fourth quarter. Kestra Advisory Services LLC now owns 39,588 shares of the company’s stock valued at $6,387,000 after purchasing an additional 474 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.
Vistra Stock Performance
VST opened at $153.47 on Tuesday. The firm has a fifty day moving average price of $153.57 and a 200 day moving average price of $159.98. Vistra Corp. has a 1 year low of $132.66 and a 1 year high of $219.82. The stock has a market cap of $51.75 billion, a P/E ratio of 25.71 and a beta of 1.40. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79.
Vistra Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be paid a $0.229 dividend. The ex-dividend date is Monday, June 22nd. This represents a $0.92 annualized dividend and a dividend yield of 0.6%. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s dividend payout ratio (DPR) is presently 15.24%.
Analysts Set New Price Targets
VST has been the subject of several research analyst reports. Weiss Ratings upgraded Vistra from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Seaport Research Partners reiterated a “buy” rating and issued a $230.00 price target on shares of Vistra in a report on Monday. Jefferies Financial Group reissued a “buy” rating and set a $190.00 price target on shares of Vistra in a research report on Thursday, May 21st. Raymond James Financial set a $208.00 price objective on shares of Vistra in a research note on Monday, April 27th. Finally, Wells Fargo & Company cut their price objective on shares of Vistra from $236.00 to $234.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $233.33.
Check Out Our Latest Analysis on VST
Insider Buying and Selling at Vistra
In related news, CAO Margaret Montemayor sold 5,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $164.96, for a total value of $824,800.00. Following the completion of the transaction, the chief accounting officer owned 14,360 shares of the company’s stock, valued at approximately $2,368,825.60. This represents a 25.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.92% of the stock is currently owned by corporate insiders.
Vistra Profile
Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.
Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.
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