Vistra Corp. (NYSE:VST) Stock Holdings Boosted by Alden Global Capital LLC

Alden Global Capital LLC raised its position in Vistra Corp. (NYSE:VST - Free Report) by 57.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 93,511 shares of the company's stock after acquiring an additional 34,246 shares during the period. Vistra makes up approximately 12.6% of Alden Global Capital LLC's holdings, making the stock its 2nd biggest holding. Alden Global Capital LLC's holdings in Vistra were worth $12,892,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Peregrine Asset Advisers Inc. lifted its holdings in shares of Vistra by 3.2% during the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock worth $285,000 after purchasing an additional 64 shares during the period. Avior Wealth Management LLC grew its stake in shares of Vistra by 56.5% during 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 period. Galvin Gaustad & Stein LLC grew its position in Vistra by 3.6% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock valued at $286,000 after buying an additional 73 shares during the period. Paloma Partners Management Co boosted its position in Vistra by 1.0% during the fourth quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock worth $1,103,000 after purchasing an additional 81 shares in the last quarter. Finally, Csenge Advisory Group increased its position in shares of Vistra by 1.7% in the fourth quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock valued at $703,000 after buying an additional 83 shares in the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Trading Up 0.6 %

VST stock traded up $0.77 during midday trading on Monday, hitting $140.05. 5,939,214 shares of the company's stock were exchanged, compared to its average volume of 7,907,631. Vistra Corp. has a 1-year low of $66.50 and a 1-year high of $199.84. The business has a 50-day simple moving average of $120.75 and a two-hundred day simple moving average of $141.03. The stock has a market capitalization of $47.64 billion, a PE ratio of 26.13, a P/E/G ratio of 1.12 and a beta of 1.16. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be given a $0.225 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a yield of 0.64%. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is presently 12.77%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Daiwa Capital Markets initiated coverage on shares of Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price target for the company. The Goldman Sachs Group initiated coverage on shares of Vistra in a research note on Friday, April 4th. They set a "neutral" rating and a $134.00 target price for the company. JPMorgan Chase & Co. decreased their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Evercore ISI began coverage on Vistra in a research note on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective for the company. Finally, Daiwa America raised 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 company has a consensus rating of "Moderate Buy" and a consensus price target of $166.17.

Insider Buying and Selling 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 stock was purchased at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. This trade represents a 76.26 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul M. Barbas sold 24,136 shares of the company's stock in a transaction 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 sale, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. This represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.42% of the company's stock.

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.