Andra AP fonden Sells 22,600 Shares of Vistra Corp. (NYSE:VST)

Andra AP fonden reduced its stake in Vistra Corp. (NYSE:VST) by 16.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 117,100 shares of the company’s stock after selling 22,600 shares during the quarter. Andra AP fonden’s holdings in Vistra were worth $16,145,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VST. Raymond James Financial Inc. acquired a new stake in Vistra during the 4th quarter valued at approximately $237,441,000. Massachusetts Financial Services Co. MA increased its position in Vistra by 51.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,826,631 shares of the company’s stock valued at $453,609,000 after purchasing an additional 1,293,974 shares during the period. State Street Corp increased its position in Vistra by 6.8% during the 3rd quarter. State Street Corp now owns 16,355,255 shares of the company’s stock valued at $1,938,752,000 after purchasing an additional 1,037,402 shares during the period. Janus Henderson Group PLC increased its position in Vistra by 36.0% during the 3rd quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company’s stock valued at $448,320,000 after purchasing an additional 1,000,307 shares during the period. Finally, Rubric Capital Management LP increased its position in Vistra by 60.1% during the 3rd quarter. Rubric Capital Management LP now owns 2,125,000 shares of the company’s stock valued at $251,898,000 after purchasing an additional 797,894 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on VST shares. BMO Capital Markets increased their price target on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target on the stock. Daiwa Capital Markets started coverage on Vistra in a report on Wednesday. They set a “neutral” rating and a $120.00 price target on the stock. Daiwa America upgraded Vistra to a “hold” rating in a report on Wednesday. Finally, Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and cut their price target for the stock from $164.00 to $152.00 in a report on Tuesday. Two research 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, Vistra has a consensus rating of “Moderate Buy” and a consensus price target of $162.83.

Insider Activity at Vistra

In related news, Director Scott B. Helm sold 20,000 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the sale, the director now directly owns 343,350 shares of the company’s stock, valued at approximately $47,990,029.50. This represents a 5.50 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.42% of the stock is currently owned by insiders.

Vistra Price Performance

Shares of VST opened at $113.96 on Friday. Vistra Corp. has a 12-month low of $57.50 and a 12-month high of $199.84. The business’s fifty day moving average is $158.53 and its 200 day moving average is $135.25. 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 $38.77 billion, a P/E ratio of 21.26, a P/E/G ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be given a $0.2235 dividend. 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 0.78%. The ex-dividend date of this dividend is Thursday, March 20th. Vistra’s dividend payout ratio is presently 12.62%.

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.