Vistra Corp. (NYSE:VST) Shares Sold by AlphaQuest LLC

AlphaQuest LLC lowered its position in Vistra Corp. (NYSE:VST) by 81.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,614 shares of the company’s stock after selling 7,131 shares during the quarter. AlphaQuest LLC’s holdings in Vistra were worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Lionsbridge Wealth Management LLC acquired a new stake in Vistra during the 4th quarter worth $277,000. Dakota Wealth Management purchased a new stake in shares of Vistra during the fourth quarter worth approximately $231,000. Retirement Systems of Alabama lifted its holdings in shares of 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 purchasing an additional 6,920 shares during the period. First Sabrepoint Capital Management LP purchased a new position in Vistra in the 3rd quarter valued at $17,781,000. Finally, Legal Advantage Investments Inc. acquired a new position in Vistra in the 4th quarter valued at $565,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VST has been the topic of several analyst reports. Morgan Stanley lifted their target price on shares of Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. Daiwa Capital Markets assumed coverage on Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 target price on the stock. BMO Capital Markets lifted their price target on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective on the stock. Finally, Daiwa America raised Vistra to a “hold” rating in a report on Wednesday, March 5th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $162.83.

Vistra Stock Up 5.4 %

VST stock opened at $124.42 on Friday. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. Vistra Corp. has a 12 month low of $60.86 and a 12 month high of $199.84. The firm has a market capitalization of $42.32 billion, a PE ratio of 23.21, a P/E/G ratio of 1.12 and a beta of 1.21. The company’s 50 day simple moving average is $155.20 and its 200-day simple moving average is $137.04.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be issued a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.72%. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra’s payout ratio is 12.62%.

Insider Activity

In related news, Director Paul M. Barbas sold 24,136 shares of the company’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 transaction of $2,997,449.84. Following the transaction, the director now owns 51,063 shares of the company’s stock, valued at approximately $6,341,513.97. This represents a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John William Pitesa bought 1,500 shares of the stock in a transaction on Wednesday, March 12th. The stock was purchased at an average cost 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 in the company, valued at $439,442.25. This trade represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.42% of the company’s stock.

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.