Vistra Corp. (NYSE:VST) Shares Purchased by Caxton Associates LP

Caxton Associates LP raised its stake in Vistra Corp. (NYSE:VST - Free Report) by 16.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,239 shares of the company's stock after acquiring an additional 7,078 shares during the period. Caxton Associates LP's holdings in Vistra were worth $6,789,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in VST. Lionsbridge Wealth Management LLC acquired a new stake in shares of Vistra in the 4th quarter worth $277,000. Dakota Wealth Management purchased a new stake in Vistra in the 4th quarter valued at approximately $231,000. Retirement Systems of Alabama increased its position in Vistra by 9.6% during the 3rd quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock worth $9,361,000 after purchasing an additional 6,920 shares during the period. Legal Advantage Investments Inc. purchased a new position in shares of Vistra during the 4th quarter worth approximately $565,000. Finally, Viking Fund Management LLC boosted its stake in shares of Vistra by 90.0% in the fourth quarter. Viking Fund Management LLC now owns 19,000 shares of the company's stock valued at $2,620,000 after buying an additional 9,000 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on VST shares. Daiwa America upgraded shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. Evercore ISI started coverage on shares of Vistra in a research report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price on the stock. UBS Group lifted their price target on shares of Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a research report on Thursday. The Goldman Sachs Group assumed coverage on Vistra in a research note on Friday, April 4th. They issued a "neutral" rating and a $134.00 price objective for the company. Finally, JPMorgan Chase & Co. dropped their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $166.67.

Vistra Trading Up 1.0 %

Shares of VST traded up $1.37 during mid-day trading on Thursday, hitting $140.87. The company had a trading volume of 7,361,552 shares, compared to its average volume of 7,590,081. 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 $47.92 billion, a PE ratio of 26.28, a P/E/G ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 1-year low of $66.50 and a 1-year high of $199.84. The business's 50-day simple moving average is $121.50 and its 200-day simple moving average is $141.12.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be given 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 (DPR) is 12.77%.

Insider Activity

In other news, Director John William Pitesa bought 1,500 shares of Vistra stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the transaction, the director now owns 3,467 shares in the company, valued at approximately $439,442.25. This trade represents a 76.26 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 sale, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. The trade was 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 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.