10,545 Shares in Vistra Corp. (NYSE:VST) Purchased by Ethic Inc.

Ethic Inc. purchased a new stake in shares of Vistra Corp. (NYSE:VST - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,545 shares of the company's stock, valued at approximately $1,454,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VST. Geode Capital Management LLC lifted its position in shares of Vistra by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company's stock valued at $1,174,326,000 after buying an additional 219,055 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake 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 valued at $863,116,000 after buying an additional 2,433,732 shares in the last quarter. Northern Trust Corp lifted its stake in Vistra by 10.9% in the 4th quarter. Northern Trust Corp now owns 3,026,484 shares of the company's stock valued at $417,261,000 after buying an additional 296,714 shares in the last quarter. Norges Bank purchased a new stake in shares of Vistra during the fourth quarter worth approximately $409,087,000. Finally, Castle Hook Partners LP raised its position in shares of Vistra by 13.6% in the fourth quarter. Castle Hook Partners LP now owns 2,964,222 shares of the company's stock valued at $408,677,000 after buying an additional 353,949 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Stock Performance

Shares of VST stock traded up $4.49 during trading hours on Friday, hitting $156.55. The stock had a trading volume of 6,240,577 shares, compared to its average volume of 7,557,727. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The firm has a market capitalization of $53.25 billion, a PE ratio of 29.21, a PEG ratio of 1.12 and a beta of 1.16. The stock's 50 day moving average is $124.58 and its 200 day moving average is $141.92. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $199.84.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a yield of 0.57%. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is currently 14.15%.

Analyst Upgrades and Downgrades

VST has been the topic of a number of recent research reports. 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 objective on the stock. Daiwa America raised Vistra to a "hold" rating in a research report on Wednesday, March 5th. BMO Capital Markets lifted their price target on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 22nd. Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and decreased their price objective for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, Daiwa Capital Markets assumed coverage on Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $166.67.

Insiders Place Their Bets

In related news, Director John William Pitesa purchased 1,500 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the transaction, the director now directly owns 3,467 shares of the company's stock, valued at approximately $439,442.25. The trade was a 76.26% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction that occurred 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 of the company's stock, valued at $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. 1.42% of the stock is currently owned by insiders.

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.