Temasek Holdings Private Ltd Sells 14,315 Shares of Vistra Corp. (NYSE:VST)

Temasek Holdings Private Ltd reduced its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 50.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,104 shares of the company's stock after selling 14,315 shares during the quarter. Temasek Holdings Private Ltd's holdings in Vistra were worth $1,945,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Geode Capital Management LLC increased its holdings in shares of Vistra by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company's stock worth $1,174,326,000 after buying an additional 219,055 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position 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 purchasing an additional 2,433,732 shares during the last quarter. Northern Trust Corp boosted its stake in Vistra by 10.9% in the fourth quarter. Northern Trust Corp now owns 3,026,484 shares of the company's stock worth $417,261,000 after purchasing an additional 296,714 shares in the last quarter. Norges Bank bought a new stake in shares of Vistra during the fourth quarter worth $409,087,000. Finally, Castle Hook Partners LP increased its stake 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 in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Vistra

In other Vistra news, Director John William Pitesa bought 1,500 shares of Vistra stock in a transaction on 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 acquisition, 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction dated 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 completion of the transaction, the director now directly owns 51,063 shares of the company's stock, valued at $6,341,513.97. This trade 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 Stock Performance

Shares of NYSE:VST traded down $0.72 during trading on Tuesday, reaching $156.60. 3,421,781 shares of the stock were exchanged, compared to its average volume of 7,551,564. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84. The stock has a 50-day moving average price of $126.90 and a 200-day moving average price of $142.73. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The firm has a market cap of $53.14 billion, a PE ratio of 29.22, a PEG ratio of 1.12 and a beta of 1.16.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be given 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 an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is currently 14.15%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VST. 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 report on Thursday, May 8th. JPMorgan Chase & Co. reduced their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. BMO Capital Markets lifted their target price on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. Daiwa Capital Markets initiated coverage on Vistra in a research note on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price target on the stock. Finally, Daiwa America upgraded Vistra to a "hold" rating in a report on Wednesday, March 5th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $165.83.

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.