Vistra Corp. (NYSE:VST) Shares Purchased by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. increased its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 111.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,572 shares of the company's stock after acquiring an additional 35,037 shares during the period. Alyeska Investment Group L.P.'s holdings in Vistra were worth $9,178,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VST. Geode Capital Management LLC increased its stake in shares of Vistra by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company's stock worth $1,174,326,000 after purchasing an additional 219,055 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Vistra by 63.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company's stock valued at $863,116,000 after purchasing an additional 2,433,732 shares during the period. Northern Trust Corp increased its holdings in Vistra by 10.9% during the 4th quarter. Northern Trust Corp now owns 3,026,484 shares of the company's stock valued at $417,261,000 after purchasing an additional 296,714 shares in the last quarter. Norges Bank bought a new position in shares of Vistra in the fourth quarter worth about $409,087,000. Finally, Appaloosa LP increased its position in Vistra by 112.5% in the fourth quarter. Appaloosa LP now owns 2,700,000 shares of the company's stock worth $372,249,000 after purchasing an additional 1,429,612 shares during the period. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Trading Down 3.6 %

Vistra stock traded down $5.11 during trading hours on Friday, hitting $135.80. The company had a trading volume of 5,853,932 shares, compared to its average volume of 7,569,284. The company has a 50-day moving average price of $121.68 and a two-hundred day moving average price of $141.20. 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 Corp. has a 1 year low of $66.50 and a 1 year high of $199.84. The firm has a market cap of $46.19 billion, a P/E ratio of 25.34, a P/E/G ratio of 1.12 and a beta of 1.16.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 0.66%. This is an increase from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Wednesday, June 18th. Vistra's payout ratio is 12.77%.

Analysts Set New Price Targets

Several analysts recently commented on VST shares. Bank of America raised 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 note on Tuesday, March 4th. The Goldman Sachs Group started coverage on Vistra in a report on Friday, April 4th. They set a "neutral" rating and a $134.00 price target for the company. JPMorgan Chase & Co. dropped their price objective 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. Daiwa Capital Markets assumed coverage on Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price objective on the stock. Finally, Evercore ISI began coverage on Vistra in a research note on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $166.67.

Insider Activity at Vistra

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost 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. The trade was a 76.26 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of the company's 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 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. 1.42% of the stock is currently owned by insiders.

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.