Quantinno Capital Management LP Raises Stake in Vistra Corp. (NYSE:VST)

Quantinno Capital Management LP boosted its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 22.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,310 shares of the company's stock after buying an additional 5,236 shares during the quarter. Quantinno Capital Management LP's holdings in Vistra were worth $3,903,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VST. Lionsbridge Wealth Management LLC acquired a new stake in shares of Vistra in the fourth quarter valued at $277,000. Dakota Wealth Management purchased a new stake in Vistra during the 4th quarter worth about $231,000. Legal Advantage Investments Inc. acquired a new stake in Vistra in the 4th quarter valued at about $565,000. Viking Fund Management LLC raised its position in Vistra by 90.0% in the 4th quarter. Viking Fund Management LLC now owns 19,000 shares of the company's stock valued at $2,620,000 after purchasing an additional 9,000 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its stake in shares of Vistra by 201.1% in the 4th quarter. Perigon Wealth Management LLC now owns 5,513 shares of the company's stock valued at $760,000 after buying an additional 3,682 shares during the period. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Stock Up 1.5%

Shares of Vistra stock traded up $2.35 during trading hours on Thursday, hitting $154.42. The company had a trading volume of 4,531,119 shares, compared to its average volume of 7,532,316. 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 company's 50-day moving average is $127.45 and its two-hundred day moving average is $142.80. The company has a market cap of $52.40 billion, a P/E ratio of 28.81, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $199.84.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be paid a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend is Wednesday, June 18th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is currently 14.15%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on VST shares. UBS Group upped their target price on shares of Vistra from $154.00 to $160.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and lowered their price target for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Daiwa America upgraded shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Morgan Stanley lifted their price objective on shares of Vistra from $172.00 to $178.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, The Goldman Sachs Group started coverage on shares of Vistra in a research note on Friday, April 4th. They set a "neutral" rating and a $134.00 target price for the company. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, Vistra currently has a consensus rating of "Moderate Buy" and a consensus price target of $166.58.

Insider Buying and Selling at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the transaction, the director now 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 transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Carrie Lee Kirby sold 108,000 shares of the business's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $156.98, for a total value of $16,953,840.00. Following the completion of the sale, the executive vice president now owns 218,239 shares of the company's stock, valued at approximately $34,259,158.22. This represents a 33.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 152,136 shares of company stock worth $23,087,290 over the last 90 days. Corporate 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.