Public Employees Retirement System of Ohio Trims Holdings in Vistra Corp. (NYSE:VST)

Public Employees Retirement System of Ohio decreased its position in Vistra Corp. (NYSE:VST - Free Report) by 24.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 135,046 shares of the company's stock after selling 42,618 shares during the period. Public Employees Retirement System of Ohio's holdings in Vistra were worth $18,619,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VST. Dakota Wealth Management acquired a new position in Vistra during the fourth quarter worth about $231,000. Perigon Wealth Management LLC raised its position in shares of Vistra by 201.1% during the 4th quarter. Perigon Wealth Management LLC now owns 5,513 shares of the company's stock worth $760,000 after purchasing an additional 3,682 shares during the last quarter. Riggs Asset Managment Co. Inc. lifted its stake in Vistra by 52.3% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 15,198 shares of the company's stock valued at $2,129,000 after buying an additional 5,219 shares in the last quarter. KBC Group NV grew its holdings in Vistra by 14.2% during the 4th quarter. KBC Group NV now owns 29,475 shares of the company's stock valued at $4,064,000 after buying an additional 3,673 shares during the last quarter. Finally, Five Oceans Advisors purchased a new position in Vistra during the fourth quarter worth $213,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on VST. Daiwa America raised Vistra to a "hold" rating in a research note on Wednesday, March 5th. Evercore ISI set a $192.00 price target on shares of Vistra and gave the stock an "outperform" rating in a research note on Thursday, May 15th. Morgan Stanley reissued an "overweight" rating and issued a $178.00 price objective (up previously from $172.00) on shares of Vistra in a research report on Thursday, May 22nd. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and decreased their target price for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, UBS Group boosted their price target on Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, Vistra currently has an average rating of "Moderate Buy" and an average price target of $169.08.

Insider Activity

In other Vistra news, EVP Stephanie Zapata Moore sold 35,000 shares of the business's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $161.44, for a total value of $5,650,400.00. Following the transaction, the executive vice president now owns 88,073 shares in the company, valued at $14,218,505.12. The trade was a 28.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the company'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 completion of the transaction, the director now directly owns 51,063 shares of the company's stock, valued at approximately $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. In the last 90 days, insiders have sold 243,136 shares of company stock valued at $37,529,690. Company insiders own 1.42% of the company's stock.

Vistra Trading Down 0.6%

Shares of NYSE:VST traded down $0.94 during trading on Friday, reaching $158.79. 1,717,491 shares of the stock were exchanged, compared to its average volume of 7,480,447. The firm's 50-day moving average price is $131.04 and its 200 day moving average price is $143.97. The firm has a market cap of $53.88 billion, a price-to-earnings ratio of 29.62, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $199.84. 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 firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be given a $0.225 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.90 annualized dividend and a dividend yield of 0.57%. This is a positive change from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is presently 14.15%.

About Vistra

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.