3,024 Shares in Vistra Corp. (NYSE:VST) Purchased by Interval Partners LP

Interval Partners LP bought a new position in shares of Vistra Corp. (NYSE:VST) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,024 shares of the company’s stock, valued at approximately $417,000.

Several other large investors have also recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its holdings in shares of Vistra by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company’s stock valued at $1,174,326,000 after buying an additional 219,055 shares during the period. 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 buying an additional 2,433,732 shares during the period. Northern Trust Corp raised its holdings in shares of Vistra by 10.9% during the 4th quarter. Northern Trust Corp now owns 3,026,484 shares of the company’s stock valued at $417,261,000 after buying an additional 296,714 shares during the period. Norges Bank purchased a new stake in shares of Vistra during the 4th quarter valued at about $409,087,000. Finally, Castle Hook Partners LP raised its holdings 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 valued at $408,677,000 after buying an additional 353,949 shares during the period. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director John William Pitesa purchased 1,500 shares of the stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the acquisition, the director now owns 3,467 shares of the company’s stock, valued at $439,442.25. The trade was a 76.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Paul M. Barbas sold 24,136 shares of the business’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 sale, the director now owns 51,063 shares of the company’s stock, valued at $6,341,513.97. This trade represents a 32.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.42% of the company’s stock.

Vistra Price Performance

VST stock opened at $145.87 on Tuesday. 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 Corp. has a 52-week low of $66.50 and a 52-week high of $199.84. The stock’s 50 day moving average is $122.06 and its two-hundred day moving average is $141.56. The company has a market capitalization of $49.62 billion, a PE ratio of 27.21, a P/E/G ratio of 1.12 and a beta of 1.16.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.62%. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Wednesday, June 18th. Vistra’s payout ratio is 14.15%.

Analyst Ratings Changes

Several brokerages recently commented on VST. UBS Group raised their target price on Vistra from $154.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Daiwa America upgraded Vistra to a “hold” rating in a report on Wednesday, March 5th. Daiwa Capital Markets began coverage on Vistra in a report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 target price on the stock. Evercore ISI began coverage on Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 target price on the stock. Finally, 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 report on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $166.67.

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.