Vistra Corp. (NYSE:VST) Shares Sold by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC reduced its position in shares of Vistra Corp. (NYSE:VST - Free Report) by 23.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,394 shares of the company's stock after selling 15,262 shares during the period. Worldquant Millennium Advisors LLC's holdings in Vistra were worth $6,810,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Peregrine Asset Advisers Inc. increased its stake in Vistra by 3.2% during the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock valued at $285,000 after purchasing an additional 64 shares during the last quarter. Avior Wealth Management LLC increased its stake in Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after purchasing an additional 65 shares during the last quarter. Galvin Gaustad & Stein LLC increased its stake in Vistra by 3.6% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock valued at $286,000 after purchasing an additional 73 shares during the last quarter. Paloma Partners Management Co boosted its holdings in shares of Vistra by 1.0% during the fourth quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock valued at $1,103,000 after acquiring an additional 81 shares during the period. Finally, Csenge Advisory Group boosted its holdings in shares of Vistra by 1.7% during the fourth quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock valued at $703,000 after acquiring an additional 83 shares during the period. 90.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. UBS Group boosted their price target on shares of Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Daiwa Capital Markets assumed coverage on shares of Vistra in a report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price target for the company. Evercore ISI set a $192.00 price target on shares of Vistra and gave the company an "outperform" rating in a report on Thursday, May 15th. Daiwa America raised shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Vistra has a consensus rating of "Moderate Buy" and a consensus target price of $165.83.

Insiders Place Their Bets

In other news, EVP Carrie Lee Kirby sold 108,000 shares of the company's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $156.98, for a total value of $16,953,840.00. Following the transaction, the executive vice president now owns 218,239 shares in the company, valued at $34,259,158.22. This represents a 33.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Paul M. Barbas sold 24,136 shares of the company's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the transaction, the director now owns 51,063 shares in the company, valued at $6,341,513.97. This represents a 32.10% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 152,136 shares of company stock worth $23,087,290. Company insiders own 1.42% of the company's stock.

Vistra Price Performance

NYSE VST opened at $152.26 on Thursday. The stock's 50-day moving average price is $127.45 and its two-hundred day moving average price is $142.80. 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 company has a market cap of $51.67 billion, a PE ratio of 28.41, a PEG ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 1 year low of $66.50 and a 1 year high of $199.84.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 0.59%. 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 presently 14.15%.

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.

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