Horizon Investments LLC Has $2.68 Million Position in Vistra Corp. (NYSE:VST)

Horizon Investments LLC lifted its holdings in Vistra Corp. (NYSE:VST) by 69.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 19,430 shares of the company’s stock after purchasing an additional 7,961 shares during the quarter. Horizon Investments LLC’s holdings in Vistra were worth $2,679,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Apollon Wealth Management LLC bought a new stake in shares of Vistra during the third quarter worth $231,000. OneDigital Investment Advisors LLC increased its holdings in Vistra by 3.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company’s stock worth $333,000 after purchasing an additional 81 shares in the last quarter. Natixis Advisors LLC lifted its holdings in shares of Vistra by 57.2% in the third quarter. Natixis Advisors LLC now owns 102,853 shares of the company’s stock valued at $12,192,000 after purchasing an additional 37,413 shares in the last quarter. Mutual of America Capital Management LLC boosted its position in shares of Vistra by 2.7% during the third quarter. Mutual of America Capital Management LLC now owns 42,298 shares of the company’s stock worth $5,014,000 after buying an additional 1,109 shares during the period. Finally, Quest Partners LLC grew its holdings in shares of Vistra by 88.6% during the third quarter. Quest Partners LLC now owns 8,745 shares of the company’s stock worth $1,037,000 after buying an additional 4,107 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Vistra Price Performance

Shares of NYSE VST opened at $124.54 on Wednesday. Vistra Corp. has a twelve month low of $62.12 and a twelve month high of $199.84. The company has a market cap of $42.36 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The business’s 50 day moving average price is $153.67 and its two-hundred day moving average price is $137.99. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

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

Insiders Place Their Bets

In related news, Director John William Pitesa acquired 1,500 shares of the business’s stock in a transaction on Wednesday, March 12th. The stock was purchased at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the transaction, the director now directly owns 3,467 shares of the company’s stock, valued at approximately $439,442.25. The trade was a 76.26 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 value of $2,997,449.84. Following the completion of the transaction, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.42% of the company’s stock.

Wall Street Analyst Weigh In

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

About Vistra

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.