Two Sigma Advisers LP Has $4.21 Million Stock Holdings in Vistra Corp. (NYSE:VST)

Two Sigma Advisers LP cut its position in Vistra Corp. (NYSE:VST - Free Report) by 94.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,516 shares of the company's stock after selling 566,353 shares during the quarter. Two Sigma Advisers LP's holdings in Vistra were worth $4,207,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in Vistra during the fourth quarter valued at about $409,087,000. Massachusetts Financial Services Co. MA grew its holdings 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 during the last quarter. Capital International Investors bought a new position in Vistra in the 4th quarter worth approximately $286,414,000. Raymond James Financial Inc. acquired a new position in shares of Vistra during the fourth quarter worth approximately $237,441,000. Finally, Appaloosa LP boosted its position in shares of Vistra by 112.5% in the fourth quarter. Appaloosa LP now owns 2,700,000 shares of the company's stock valued at $372,249,000 after acquiring an additional 1,429,612 shares during the period. Institutional investors own 90.88% of the company's stock.

Vistra Price Performance

Shares of NYSE VST traded down $0.14 during midday trading on Friday, reaching $159.59. 1,058,301 shares of the company traded hands, compared to its average volume of 7,477,717. 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. The stock's 50-day simple moving average is $131.04 and its 200-day simple moving average is $143.97. The firm has a market cap of $54.15 billion, a PE ratio of 29.87, a PEG ratio of 1.12 and a beta of 1.16.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Wednesday, June 18th. This represents a $0.90 annualized dividend and a dividend yield of 0.56%. Vistra's dividend payout ratio (DPR) is presently 14.15%.

Insider Activity

In other news, Director Scott B. Helm sold 20,000 shares of the company's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $156.80, for a total transaction of $3,136,000.00. Following the transaction, the director now directly owns 325,192 shares in the company, valued at approximately $50,990,105.60. This represents a 5.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Stephanie Zapata Moore sold 35,000 shares of the stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $161.44, for a total transaction of $5,650,400.00. Following the sale, the executive vice president now directly owns 88,073 shares in the company, valued at $14,218,505.12. This trade represents a 28.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 243,136 shares of company stock worth $37,529,690. Insiders own 1.42% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on VST shares. Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and dropped their target price for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Morgan Stanley reiterated 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. The Goldman Sachs Group boosted their price objective on Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a research report on Friday, May 23rd. Evercore ISI set a $192.00 target price on Vistra and gave the company an "outperform" rating in a research note on Thursday, May 15th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a report on Friday, March 28th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $169.08.

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.