Caisse DE Depot ET Placement DU Quebec Increases Stock Position in Vistra Corp. (NYSE:VST)

Caisse DE Depot ET Placement DU Quebec raised its holdings in Vistra Corp. (NYSE:VST - Free Report) by 452.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 496,576 shares of the company's stock after acquiring an additional 406,754 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned approximately 0.15% of Vistra worth $68,463,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Peregrine Asset Advisers Inc. raised its stake 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 valued at $285,000 after acquiring an additional 64 shares in the last quarter. Avior Wealth Management LLC raised its position in Vistra by 56.5% during the 4th 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. Galvin Gaustad & Stein LLC raised its position in Vistra by 3.6% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock valued at $286,000 after purchasing an additional 73 shares in the last quarter. Paloma Partners Management Co lifted its holdings in shares of Vistra by 1.0% in the 4th quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock worth $1,103,000 after buying an additional 81 shares during the period. Finally, Csenge Advisory Group grew its position in shares of Vistra by 1.7% during the 4th quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock worth $703,000 after buying an additional 83 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the firm'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 trade represents a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John William Pitesa bought 1,500 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the transaction, the director now directly owns 3,467 shares in the company, valued at approximately $439,442.25. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have commented on the stock. The Goldman Sachs Group initiated coverage on shares of Vistra in a research report on Friday, April 4th. They set a "neutral" rating and a $134.00 target price on the stock. UBS Group dropped their target price on Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Bank of America raised Vistra from a "neutral" rating to a "buy" rating and dropped their price objective for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Evercore ISI started 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. Finally, Daiwa Capital Markets began coverage on shares of Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price target on the stock. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $166.17.

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 7,907,630. Vistra Corp. has a 1-year low of $66.50 and a 1-year high of $199.84. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. 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 business has a 50-day simple moving average of $120.90 and a two-hundred day simple moving average of $140.97.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be issued a $0.225 dividend. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 0.64%. The ex-dividend date of this dividend is Wednesday, June 18th. Vistra's dividend payout ratio is currently 12.77%.

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.