Dilation Capital Management LP Acquires Shares of 29,825 Vistra Corp. (NYSE:VST)

Dilation Capital Management LP acquired a new stake in Vistra Corp. (NYSE:VST - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 29,825 shares of the company's stock, valued at approximately $4,112,000. Vistra comprises about 3.8% of Dilation Capital Management LP's portfolio, making the stock its 13th biggest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Peregrine Asset Advisers Inc. increased 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 buying an additional 64 shares in the last quarter. Avior Wealth Management LLC raised its position in Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after purchasing an additional 65 shares during the last quarter. Galvin Gaustad & Stein LLC boosted its stake in shares of 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 purchasing an additional 73 shares in the last quarter. Csenge Advisory Group grew its holdings in shares of Vistra by 1.7% during the fourth quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock worth $703,000 after purchasing an additional 83 shares during the last quarter. Finally, New Century Financial Group LLC increased its stake in shares of Vistra by 3.5% in the fourth quarter. New Century Financial Group LLC now owns 2,760 shares of the company's stock valued at $381,000 after buying an additional 94 shares during the period. 90.88% of the stock is currently owned by institutional investors.

Vistra Price Performance

Shares of VST traded up $2.47 during trading hours on Friday, reaching $126.70. 4,319,798 shares of the company's stock traded hands, compared to its average volume of 7,897,962. 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 firm's 50 day simple moving average is $122.87 and its 200-day simple moving average is $140.63. The stock has a market cap of $43.10 billion, a PE 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 business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were issued a dividend of $0.2235 per share. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend was Thursday, March 20th. Vistra's payout ratio is currently 12.62%.

Insider Activity at Vistra

In related news, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the transaction, the director now owns 51,063 shares in the company, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John William Pitesa purchased 1,500 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were acquired at an average price 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 of the company's stock, valued at approximately $439,442.25. This trade represents a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.42% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have commented on VST. BMO Capital Markets lifted their target price on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a report on Wednesday, January 22nd. Daiwa America raised Vistra to a "hold" rating in a research note on Wednesday, March 5th. UBS Group decreased their target price on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Daiwa Capital Markets initiated coverage on shares of Vistra in a research report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price target on the stock. Finally, JPMorgan Chase & Co. decreased their price objective on shares of 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 stock. According to data from MarketBeat.com, Vistra currently 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.