12,940 Shares in Vistra Corp. (NYSE:VST) Purchased by Keystone Investors PTE Ltd.

Keystone Investors PTE Ltd. bought a new position in Vistra Corp. (NYSE:VST) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 12,940 shares of the company’s stock, valued at approximately $1,784,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VST. Avior Wealth Management LLC lifted its holdings in shares of Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after purchasing an additional 65 shares in the last quarter. Pathway Financial Advisers LLC lifted its position in Vistra by 616.0% during 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 purchased a new stake in Vistra in the fourth quarter worth about $28,000. West Branch Capital LLC bought a new position in shares of Vistra in the fourth quarter worth about $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in shares of Vistra during the 4th quarter valued at about $28,000. Institutional investors own 90.88% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on VST shares. UBS Group lifted their price target on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a report on Friday, January 3rd. BMO Capital Markets upped their price objective on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Daiwa America raised shares of Vistra to a “hold” rating in a research note on Wednesday, March 5th. Finally, Evercore ISI began coverage on shares of Vistra in a report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price for the company. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.83.

Vistra Price Performance

NYSE VST opened at $134.97 on Tuesday. 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 stock’s fifty day moving average price is $151.19 and its 200 day moving average price is $139.50. The company has a market cap of $45.91 billion, a price-to-earnings ratio of 25.18, a PEG ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 1 year low of $64.26 and a 1 year high of $199.84.

Vistra Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.66%. Vistra’s dividend payout ratio (DPR) is currently 12.62%.

Insider Activity

In related news, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the completion of the transaction, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John William Pitesa purchased 1,500 shares of the stock in a transaction on Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the transaction, the director now directly owns 3,467 shares of the company’s stock, valued at $439,442.25. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 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.