Adage Capital Partners GP L.L.C. Has $63.13 Million Stake in Vistra Corp. (NYSE:VST)

Adage Capital Partners GP L.L.C. decreased its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 7.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 457,900 shares of the company's stock after selling 35,900 shares during the period. Adage Capital Partners GP L.L.C. owned about 0.13% of Vistra worth $63,131,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Beck Capital Management LLC acquired a new position in Vistra in the fourth quarter valued at about $4,620,000. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Vistra by 170.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,765 shares of the company's stock worth $795,000 after acquiring an additional 3,635 shares in the last quarter. MGO One Seven LLC grew its position in Vistra by 34.3% during the 4th quarter. MGO One Seven LLC now owns 9,776 shares of the company's stock worth $1,348,000 after acquiring an additional 2,499 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Vistra by 6.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,072,045 shares of the company's stock valued at $285,674,000 after purchasing an additional 132,530 shares in the last quarter. Finally, Dark Forest Capital Management LP raised its position in Vistra by 88.2% in the 4th quarter. Dark Forest Capital Management LP now owns 9,124 shares of the company's stock valued at $1,258,000 after purchasing an additional 4,275 shares during the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Vistra

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, with a total value of $190,125.00. Following the purchase, the director now owns 3,467 shares of the company's stock, valued at $439,442.25. This represents a 76.26 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction dated 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 transaction, the director now owns 51,063 shares in the company, valued at approximately $6,341,513.97. This represents a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.42% of the company's stock.

Vistra Trading Up 0.5 %

NYSE:VST traded up $0.59 during mid-day trading on Monday, hitting $127.23. The company had a trading volume of 1,906,496 shares, compared to its average volume of 7,891,623. The firm has a market cap of $43.28 billion, a P/E ratio of 23.71, a P/E/G ratio of 1.12 and a beta of 1.21. Vistra Corp. has a fifty-two week low of $66.50 and a fifty-two week high of $199.84. The business's fifty day moving average is $122.87 and its two-hundred day moving average is $140.86. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were paid a dividend of $0.2235 per share. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.70%. Vistra's dividend payout ratio (DPR) is presently 12.62%.

Analysts Set New Price Targets

Several analysts have recently commented on VST shares. UBS Group decreased their target price on Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Daiwa America upgraded shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. JPMorgan Chase & Co. reduced their target price on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. BMO Capital Markets increased their price target on shares of Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. Finally, Bank of America upgraded shares of 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 research report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, Vistra presently has an average rating of "Moderate Buy" and a consensus target price of $166.17.

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.