GSA Capital Partners LLP Buys 10,080 Shares of Vistra Corp. (NYSE:VST)

Key Points

• GSA Capital Partners LLP increased its stake in Vistra Corp. by 241.0%, holding a total of 14,263 shares worth about $1,675,000 as of the latest filing.
• Vistra recently declared an increase in its quarterly dividend to $0.225 per share, marking an annualized dividend of $0.90 and a yield of 0.45%.
• Several hedge funds boosted their stakes in Vistra in the last quarter, with notable increases from Orion Portfolio Solutions (100.5%) and Schroder Investment Management Group (878.1%).

GSA Capital Partners LLP increased its position in Vistra Corp. (NYSE:VST - Free Report) by 241.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,263 shares of the company's stock after acquiring an additional 10,080 shares during the quarter. GSA Capital Partners LLP's holdings in Vistra were worth $1,675,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Amalgamated Bank boosted its position in shares of Vistra by 1.9% during the 1st quarter. Amalgamated Bank now owns 73,908 shares of the company's stock valued at $8,680,000 after acquiring an additional 1,387 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in shares of Vistra during the 1st quarter valued at about $341,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of Vistra during the 1st quarter valued at about $432,000. Envestnet Asset Management Inc. boosted its position in shares of Vistra by 29.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 255,629 shares of the company's stock valued at $30,021,000 after acquiring an additional 57,551 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of Vistra by 12.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 1,955 shares of the company's stock valued at $230,000 after acquiring an additional 224 shares in the last quarter. Institutional investors own 90.88% of the company's stock.

Vistra Price Performance

Shares of VST traded down $0.48 during mid-day trading on Friday, reaching $208.06. The company had a trading volume of 5,734,743 shares, compared to its average volume of 7,362,026. The company's 50 day simple moving average is $183.29 and its 200 day simple moving average is $154.98. The company has a debt-to-equity ratio of 6.53, a quick ratio of 0.77 and a current ratio of 0.86. Vistra Corp. has a 1-year low of $66.50 and a 1-year high of $213.05. The company has a market capitalization of $70.60 billion, a price-to-earnings ratio of 32.71, a P/E/G ratio of 2.52 and a beta of 1.26.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, September 19th will be issued a dividend of $0.226 per share. This represents a $0.90 annualized dividend and a yield of 0.4%. The ex-dividend date is Friday, September 19th. This is a positive change from Vistra's previous quarterly dividend of $0.23. Vistra's dividend payout ratio (DPR) is 14.15%.

Insider Activity

In other Vistra news, EVP Scott A. Hudson sold 56,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $157.00, for a total transaction of $8,792,000.00. Following the completion of the transaction, the executive vice president owned 306,600 shares in the company, valued at approximately $48,136,200. This trade represents a 15.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Carrie Lee Kirby sold 108,000 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $156.98, for a total transaction of $16,953,840.00. Following the transaction, the executive vice president owned 218,239 shares of the company's stock, valued at approximately $34,259,158.22. The trade was a 33.10% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 294,000 shares of company stock worth $47,461,490. 1.42% of the stock is owned by insiders.

Wall Street Analyst Weigh In

VST has been the topic of a number of recent analyst reports. UBS Group boosted their price target on shares of Vistra from $207.00 to $230.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Raymond James Financial initiated coverage on shares of Vistra in a research report on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 price target on the stock. Evercore ISI set a $192.00 price target on shares of Vistra and gave the company an "outperform" rating in a research report on Thursday, May 15th. The Goldman Sachs Group boosted their price target on shares of Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a research report on Friday, May 23rd. Finally, Morgan Stanley boosted their target price on shares of Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 18th. Three analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $178.69.

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.