XTX Topco Ltd Has $2.72 Million Position in Vistra Corp. (NYSE:VST)

Key Points

• XTX Topco Ltd increased its stake in Vistra Corp. by 148.6% in the first quarter, owning a total of 23,147 shares valued at approximately $2.72 million.
• Vistra recently raised its quarterly dividend to $0.225 per share, reflecting a 2.27% increase from the previous dividend, with a current yield of 0.45%.
• Several analysts have set new price targets for Vistra, with UBS Group raising theirs to $230.00 and Morgan Stanley adjusting to $186.00, indicating a generally positive sentiment towards the stock.

XTX Topco Ltd boosted its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 148.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,147 shares of the company's stock after buying an additional 13,837 shares during the quarter. XTX Topco Ltd's holdings in Vistra were worth $2,718,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. HM Payson & Co. lifted its position in Vistra by 275.4% in the first quarter. HM Payson & Co. now owns 229 shares of the company's stock valued at $27,000 after buying an additional 168 shares during the last quarter. Ameriflex Group Inc. purchased a new position in Vistra in the fourth quarter valued at approximately $32,000. Opal Wealth Advisors LLC purchased a new position in shares of Vistra during the first quarter worth approximately $46,000. Golden State Wealth Management LLC grew its position in Vistra by 2,540.0% in the 1st quarter. Golden State Wealth Management LLC now owns 396 shares of the company's stock valued at $47,000 after buying an additional 381 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA grew its position in Vistra by 53.9% in the 1st quarter. Compagnie Lombard Odier SCmA now owns 431 shares of the company's stock valued at $51,000 after buying an additional 151 shares during the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Trading Down 0.2%

Shares of Vistra stock traded down $0.48 during trading on Friday, reaching $208.06. 5,734,743 shares of the company were exchanged, compared to its average volume of 7,362,026. The company has a quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 6.53. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $213.05. The business has a 50-day moving average price of $183.29 and a 200-day moving average price of $154.98. The firm has a market capitalization of $70.60 billion, a price-to-earnings ratio of 32.71, a P/E/G ratio of 2.52 and a beta of 1.26.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 19th will be issued a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.4%. This is a positive change from Vistra's previous quarterly dividend of $0.23. The ex-dividend date is Friday, September 19th. Vistra's dividend payout ratio is presently 14.15%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on VST shares. Morgan Stanley lifted their price target on Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 18th. UBS Group upped their price objective on shares of Vistra from $207.00 to $230.00 and gave the company a "buy" rating in a research note on Friday, July 25th. The Goldman Sachs Group boosted their target price on Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a report on Friday, May 23rd. Evercore ISI set a $192.00 target price on Vistra and gave the stock an "outperform" rating in a report on Thursday, May 15th. Finally, Raymond James Financial started coverage on Vistra in a report on Friday, June 13th. They issued a "strong-buy" rating and a $216.00 price target for the company. Three investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Vistra has an average rating of "Moderate Buy" and a consensus target price of $178.69.

Insider Buying and Selling

In other Vistra news, EVP Stephanie Zapata Moore sold 35,000 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total transaction of $5,650,400.00. Following the transaction, the executive vice president owned 88,073 shares of the company's stock, valued at $14,218,505.12. The trade was a 28.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Scott A. Hudson sold 56,000 shares of the business's stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $157.00, for a total value of $8,792,000.00. Following the transaction, the executive vice president directly owned 306,600 shares in the company, valued at $48,136,200. This trade represents a 15.44% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 294,000 shares of company stock valued at $47,461,490. Corporate insiders own 1.42% of the company's stock.

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.