Sapient Capital LLC increased its stake in Vistra Corp. (NYSE:VST - Free Report) by 0.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,068,686 shares of the company's stock after purchasing an additional 2,406 shares during the quarter. Vistra comprises about 2.5% of Sapient Capital LLC's holdings, making the stock its 6th largest position. Sapient Capital LLC owned 0.31% of Vistra worth $125,506,000 as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. Pathway Financial Advisers LLC grew its position in shares of Vistra by 616.0% in the fourth 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. Tucker Asset Management LLC bought a new stake in Vistra during the fourth quarter valued at $28,000. Cherry Tree Wealth Management LLC boosted its stake in Vistra by 2,030.0% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 213 shares of the company's stock valued at $29,000 after buying an additional 203 shares during the period. Ameriflex Group Inc. bought a new stake in Vistra during the fourth quarter valued at $32,000. Finally, Whipplewood Advisors LLC bought a new stake in Vistra during the fourth quarter valued at $39,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Vistra
In other Vistra news, EVP Carrie Lee Kirby sold 108,000 shares of the company's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $156.98, for a total transaction of $16,953,840.00. Following the transaction, the executive vice president now owns 218,239 shares in the company, valued at approximately $34,259,158.22. This represents a 33.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John R. Sult sold 25,000 shares of the company's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $171.67, for a total value of $4,291,750.00. Following the transaction, the director now owns 75,946 shares in the company, valued at $13,037,649.82. This trade represents a 24.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 294,000 shares of company stock worth $47,461,490 in the last 90 days. Company insiders own 1.42% of the company's stock.
Vistra Trading Up 4.1%
NYSE:VST traded up $6.88 during mid-day trading on Thursday, reaching $173.67. 4,343,930 shares of the company's stock traded hands, compared to its average volume of 7,342,268. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $199.84. The firm has a market capitalization of $58.93 billion, a price-to-earnings ratio of 32.40, a PEG ratio of 1.12 and a beta of 1.22. 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 has a 50 day moving average price of $140.15 and a 200-day moving average price of $145.17.
Vistra Increases Dividend
The firm 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. This represents a $0.90 dividend on an annualized basis and a yield of 0.52%. 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 payout ratio is currently 14.15%.
Analyst Ratings Changes
Several research firms recently issued reports on VST. UBS Group lifted their price objective on Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Daiwa America raised Vistra to a "hold" rating in a research note on Wednesday, March 5th. Evercore ISI set a $192.00 price objective on Vistra and gave the company an "outperform" rating in a research note on Thursday, May 15th. JPMorgan Chase & Co. dropped their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Finally, Bank of America raised Vistra from a "neutral" rating to a "buy" rating and dropped their price objective for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Vistra presently has a consensus rating of "Moderate Buy" and a consensus price target of $169.08.
Get Our Latest Stock Analysis on Vistra
Vistra Company Profile
(
Free Report)
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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