Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $9.97 Million Stake in Vistra Corp. (NYSE:VST)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its holdings in Vistra Corp. (NYSE:VST) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 72,342 shares of the company’s stock after selling 2,448 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Vistra were worth $9,974,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VST. Avior Wealth Management LLC grew its stake in Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after acquiring an additional 65 shares during the period. Pathway Financial Advisers LLC lifted its holdings in shares of Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 154 shares in the last quarter. Founders Capital Management bought a new stake in shares of Vistra in the fourth quarter valued at about $28,000. West Branch Capital LLC bought a new stake in shares of Vistra in the fourth quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vistra in the fourth quarter valued at about $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Daiwa America upgraded Vistra to a “hold” rating in a report on Wednesday, March 5th. Morgan Stanley boosted their price target on 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 note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price target for the company. Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Finally, Evercore ISI started coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price for the company. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $162.83.

Insiders Place Their Bets

In other news, Director Paul M. Barbas sold 24,136 shares of the business’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 completion of the sale, the director now owns 51,063 shares of the company’s stock, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John William Pitesa bought 1,500 shares of Vistra stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now owns 3,467 shares of the company’s stock, 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 Trading Down 0.9 %

VST stock opened at $130.75 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. The company has a fifty day moving average price of $151.74 and a two-hundred day moving average price of $138.21. Vistra Corp. has a one year low of $64.26 and a one year high of $199.84. The stock has a market cap of $44.47 billion, a price-to-earnings ratio of 24.39, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be given a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a yield of 0.68%. 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%.

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.