USS Investment Management Ltd Invests $7.45 Million in Vistra Corp. (NYSE:VST)

USS Investment Management Ltd bought a new position in shares of Vistra Corp. (NYSE:VST - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 54,005 shares of the company's stock, valued at approximately $7,449,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Avior Wealth Management LLC grew its holdings in Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after acquiring an additional 65 shares during the period. Pathway Financial Advisers LLC boosted its position in shares of Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 154 shares in the last quarter. West Branch Capital LLC acquired a new stake in Vistra during the fourth quarter worth approximately $28,000. Comprehensive Financial Planning Inc. PA bought a new stake in Vistra in the fourth quarter worth approximately $28,000. Finally, Tucker Asset Management LLC acquired a new position in Vistra in the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Daiwa Capital Markets assumed coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of Vistra in a research note on Friday, April 4th. They set a "neutral" rating and a $134.00 target price on the stock. JPMorgan Chase & Co. decreased their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Bank of America raised shares of Vistra from a "neutral" rating to a "buy" rating and cut their price objective for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, BMO Capital Markets boosted their price objective on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $165.83.

Insiders Place Their Bets

In related news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction on Monday, May 19th. The stock was sold at an average price of $156.80, for a total transaction of $3,136,000.00. Following the sale, the director now directly owns 325,192 shares in the company, valued at approximately $50,990,105.60. This trade represents a 5.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John William Pitesa acquired 1,500 shares of the business's stock in a transaction on Wednesday, March 12th. The stock was acquired at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the transaction, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. The trade was a 76.26% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 152,136 shares of company stock valued at $23,087,290. Corporate insiders own 1.42% of the company's stock.

Vistra Price Performance

VST opened at $152.26 on Thursday. The firm's fifty day moving average price is $127.45 and its two-hundred day moving average price is $142.80. The company has a market capitalization of $51.67 billion, a price-to-earnings ratio of 28.41, a P/E/G ratio of 1.12 and a beta of 1.16. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. Vistra Corp. has a 1 year low of $66.50 and a 1 year high of $199.84.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This is a boost from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a yield of 0.59%. Vistra's payout ratio is 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.

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