Two Sigma Advisers LP Has $4.21 Million Stock Position in Vistra Corp. (NYSE:VST)

Two Sigma Advisers LP trimmed its holdings in shares of Vistra Corp. (NYSE:VST) by 94.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,516 shares of the company’s stock after selling 566,353 shares during the period. Two Sigma Advisers LP’s holdings in Vistra were worth $4,207,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of VST. Grassi Investment Management acquired a new position in Vistra in the 4th quarter worth about $383,000. Atomi Financial Group Inc. increased its position in Vistra by 12.8% in the 4th quarter. Atomi Financial Group Inc. now owns 2,357 shares of the company’s stock worth $325,000 after purchasing an additional 267 shares during the last quarter. Dakota Wealth Management acquired a new position in Vistra in the 4th quarter worth about $231,000. Avior Wealth Management LLC increased its position in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Finally, RFG Advisory LLC acquired a new position in Vistra in the 4th quarter worth about $238,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Trading Up 2.7%

Vistra stock opened at $158.89 on Monday. The business has a 50 day moving average price of $128.71 and a two-hundred day moving average price of $143.49. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The stock has a market cap of $53.92 billion, a price-to-earnings ratio of 29.64, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be issued a $0.225 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Wednesday, June 18th. This represents a $0.90 annualized dividend and a yield of 0.57%. Vistra’s dividend payout ratio is 14.15%.

Insider Buying and Selling at Vistra

In other news, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was 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 of the company’s stock, valued at approximately $6,341,513.97. This represents a 32.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $157.00, for a total value of $8,792,000.00. Following the completion of the transaction, the executive vice president now directly owns 306,600 shares of the company’s stock, valued at approximately $48,136,200. The trade was a 15.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 208,136 shares of company stock valued at $31,879,290 in the last quarter. Corporate insiders own 1.42% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on VST. UBS Group upped their target price on Vistra from $154.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, May 8th. Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. The Goldman Sachs Group upped their price target on Vistra from $134.00 to $164.00 and gave the stock a “neutral” rating in a research note on Friday. Daiwa Capital Markets started coverage on Vistra in a research note on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target for the company. Finally, Daiwa America upgraded Vistra to a “hold” rating in a research note on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $169.08.

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.