Amundi Sells 105,530 Shares of Vistra Corp. (NYSE:VST)

Amundi lessened its stake in Vistra Corp. (NYSE:VST) by 12.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 751,512 shares of the company’s stock after selling 105,530 shares during the period. Amundi owned about 0.22% of Vistra worth $103,611,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its stake in Vistra by 41.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 30,057 shares of the company’s stock worth $4,144,000 after purchasing an additional 8,766 shares during the period. Value Star Asset Management Hong Kong Ltd bought a new position in Vistra during the fourth quarter worth about $2,068,000. Edgestream Partners L.P. bought a new position in Vistra during the fourth quarter worth about $4,357,000. Callan Family Office LLC lifted its stake in Vistra by 215.9% during the fourth quarter. Callan Family Office LLC now owns 33,776 shares of the company’s stock worth $4,657,000 after purchasing an additional 23,084 shares during the period. Finally, E Fund Management Co. Ltd. bought a new position in Vistra during the fourth quarter worth about $756,000. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

Shares of Vistra stock opened at $108.03 on Tuesday. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The firm has a market cap of $36.62 billion, a P/E ratio of 20.15, a P/E/G ratio of 1.12 and a beta of 1.21. The firm has a 50 day simple moving average of $158.02 and a 200 day simple moving average of $136.25. Vistra Corp. has a fifty-two week low of $57.50 and a fifty-two week high of $199.84.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be issued a $0.2235 dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.83%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is currently 12.62%.

Analyst Upgrades and Downgrades

VST has been the subject of a number of analyst reports. UBS Group raised their price target on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Evercore ISI started 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 Capital Markets started coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 target price for the company. BMO Capital Markets lifted 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. Finally, Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and cut their target price for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $162.83.

Vistra 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.