Ensign Peak Advisors Inc Acquires 6,409 Shares of Vistra Corp. (NYSE:VST)

Ensign Peak Advisors Inc lifted its stake in Vistra Corp. (NYSE:VST - Free Report) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 734,498 shares of the company's stock after purchasing an additional 6,409 shares during the quarter. Ensign Peak Advisors Inc owned 0.22% of Vistra worth $101,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Geode Capital Management LLC raised its position in shares of Vistra by 2.6% in 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 increased its holdings in Vistra by 63.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company's stock worth $863,116,000 after buying an additional 2,433,732 shares in the last quarter. Northern Trust Corp increased its holdings in Vistra by 10.9% in the 4th quarter. Northern Trust Corp now owns 3,026,484 shares of the company's stock worth $417,261,000 after buying an additional 296,714 shares in the last quarter. Norges Bank bought a new stake in Vistra in the 4th quarter worth about $409,087,000. Finally, Castle Hook Partners LP increased its holdings in Vistra by 13.6% in the 4th quarter. Castle Hook Partners LP now owns 2,964,222 shares of the company's stock worth $408,677,000 after buying an additional 353,949 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on VST shares. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Daiwa America upgraded Vistra to a "hold" rating in a report on Wednesday, March 5th. JPMorgan Chase & Co. cut their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Daiwa Capital Markets started coverage on Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price target for the company. Finally, The Goldman Sachs Group started coverage on Vistra in a research note on Friday, April 4th. They set a "neutral" rating and a $134.00 price target for the company. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $166.67.

Vistra Price Performance

Shares of VST traded up $10.12 during mid-day trading on Monday, hitting $145.87. 8,349,698 shares of the stock were exchanged, compared to its average volume of 7,573,009. The company has a market cap of $49.62 billion, a PE ratio of 27.21, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 52-week low of $66.50 and a 52-week high of $199.84. The firm has a 50-day moving average of $122.06 and a two-hundred day moving average of $141.56. 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 Increases Dividend

The company 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 dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 0.62%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Wednesday, June 18th. Vistra's dividend payout ratio is 14.15%.

Insider Transactions at Vistra

In related news, Director John William Pitesa bought 1,500 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were purchased at an average price of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Paul M. Barbas sold 24,136 shares of the business's stock in a transaction that occurred 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 directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. This represents a 32.10% decrease in their position. The disclosure for this sale can be found here. 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.