Dark Forest Capital Management LP Raises Stake in Vistra Corp. (NYSE:VST)

Dark Forest Capital Management LP boosted its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 88.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,124 shares of the company's stock after buying an additional 4,275 shares during the period. Dark Forest Capital Management LP's holdings in Vistra were worth $1,258,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC increased its position in Vistra by 616.0% during the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock worth $25,000 after buying an additional 154 shares during the period. Avior Wealth Management LLC increased its position in Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after buying an additional 65 shares during the period. Founders Capital Management acquired a new position in Vistra during the fourth quarter worth approximately $28,000. West Branch Capital LLC acquired a new position in Vistra during the fourth quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in Vistra during the fourth quarter worth approximately $28,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Vistra Price Performance

Shares of Vistra stock traded up $2.47 during trading on Friday, reaching $126.70. The company's stock had a trading volume of 4,319,798 shares, compared to its average volume of 7,915,291. The business has a 50 day moving average price of $122.87 and a 200-day moving average price of $140.86. 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 company has a market capitalization of $43.10 billion, a P/E ratio of 23.64, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $199.84.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a $0.2235 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.71%. Vistra's payout ratio is currently 12.62%.

Insider Activity at Vistra

In other Vistra news, Director John William Pitesa bought 1,500 shares of the company's stock in a transaction on Wednesday, March 12th. The stock was purchased at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the acquisition, the director now owns 3,467 shares of the company's stock, valued at $439,442.25. The trade was a 76.26 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the firm's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the transaction, the director now owns 51,063 shares of the company's stock, valued at $6,341,513.97. This trade 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 owned by corporate insiders.

Analysts Set New Price Targets

VST has been the topic of several analyst reports. JPMorgan Chase & Co. lowered their target price on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. Daiwa America upgraded Vistra to a "hold" rating in a research note on Wednesday, March 5th. Evercore ISI initiated coverage on Vistra in a research note on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 target price on the stock. UBS Group lowered their target price on Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Finally, BMO Capital Markets lifted their target price on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $166.17.

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.