PharVision Advisers LLC Makes New $441,000 Investment in Vistra Corp. (NYSE:VST)

PharVision Advisers LLC purchased a new position in shares of Vistra Corp. (NYSE:VST) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 3,202 shares of the company’s stock, valued at approximately $441,000.

Other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC raised its position in Vistra by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company’s stock valued at $1,174,326,000 after acquiring an additional 219,055 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Vistra by 63.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company’s stock valued at $863,116,000 after purchasing an additional 2,433,732 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Vistra by 10.9% in the 4th quarter. Northern Trust Corp now owns 3,026,484 shares of the company’s stock valued at $417,261,000 after purchasing an additional 296,714 shares during the last quarter. Norges Bank acquired a new stake in shares of Vistra in the 4th quarter valued at $409,087,000. Finally, Castle Hook Partners LP boosted its stake in shares of Vistra by 13.6% during the 4th quarter. Castle Hook Partners LP now owns 2,964,222 shares of the company’s stock worth $408,677,000 after acquiring an additional 353,949 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Price Performance

Shares of VST stock opened at $156.60 on Wednesday. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84. The company has a market capitalization of $53.14 billion, a P/E ratio of 29.22, a P/E/G ratio of 1.12 and a beta of 1.16. The stock has a 50 day moving average of $126.90 and a two-hundred day moving average of $142.73. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.57%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Wednesday, June 18th. Vistra’s dividend payout ratio is presently 14.15%.

Insider Buying and Selling

In related news, Director Paul M. Barbas sold 24,136 shares of the company’s stock in a transaction dated 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 sale, the director now owns 51,063 shares of the company’s stock, valued at $6,341,513.97. The trade was a 32.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director John William Pitesa acquired 1,500 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the acquisition, 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. 1.42% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on VST shares. The Goldman Sachs Group started coverage on Vistra in a research note on Friday, April 4th. They issued a “neutral” rating and a $134.00 price objective on the stock. Daiwa Capital Markets began coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price objective for the company. BMO Capital Markets raised their target price on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Daiwa America raised shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Finally, UBS Group raised their price target on Vistra from $154.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.83.

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.