Two Sigma Investments LP Decreases Holdings in Vistra Corp. (NYSE:VST)

Two Sigma Investments LP trimmed its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 97.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,278 shares of the company's stock after selling 1,119,551 shares during the quarter. Two Sigma Investments LP's holdings in Vistra were worth $3,485,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VST. Avior Wealth Management LLC raised its position in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after buying an additional 65 shares during the last quarter. Pathway Financial Advisers LLC raised its position in Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after buying an additional 154 shares during the last quarter. Comprehensive Financial Planning Inc. PA purchased a new stake in Vistra in the 4th quarter valued at $28,000. Tucker Asset Management LLC purchased a new stake in Vistra in the 4th quarter valued at $28,000. Finally, Cherry Tree Wealth Management LLC raised its position in Vistra by 2,030.0% in the 4th 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 last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VST has been the subject of a number of analyst reports. UBS Group increased their price target on Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Morgan Stanley reaffirmed an "overweight" rating and set a $178.00 target price (up from $172.00) on shares of Vistra in a research report on Thursday, May 22nd. Daiwa Capital Markets began coverage on Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price for the company. The Goldman Sachs Group raised their target price on Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a research report on Friday, May 23rd. Finally, Daiwa America raised Vistra to a "hold" rating in a research report on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, Vistra presently has an average rating of "Moderate Buy" and an average price target of $169.08.

Vistra Stock Performance

Shares of VST stock traded up $8.56 on Tuesday, hitting $176.03. 10,015,922 shares of the stock were exchanged, compared to its average volume of 7,461,805. 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 capitalization of $59.73 billion, a PE ratio of 32.84, a P/E/G ratio of 1.12 and a beta of 1.16. Vistra Corp. has a one year low of $66.50 and a one year high of $199.84. The firm's 50 day moving average is $133.62 and its two-hundred day moving average is $144.55.

Vistra Increases Dividend

The business also recently announced 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. The ex-dividend date is Wednesday, June 18th. This represents a $0.90 annualized dividend and a yield of 0.51%. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is currently 14.15%.

Insiders Place Their Bets

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the firm's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $156.80, for a total value of $3,136,000.00. Following the sale, the director now owns 325,192 shares of the company's stock, valued at $50,990,105.60. This trade represents a 5.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John William Pitesa purchased 1,500 shares of the 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 acquisition, the director now owns 3,467 shares in the company, valued at approximately $439,442.25. This represents a 76.26% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 219,000 shares of company stock worth $34,532,240 in the last quarter. 1.42% of the stock is owned by company insiders.

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.