Vistra Corp. (NYSE:VST) Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lowered its holdings in Vistra Corp. (NYSE:VST - Free Report) by 6.2% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 35,542 shares of the company's stock after selling 2,334 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Vistra were worth $4,174,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Geode Capital Management LLC grew its stake in shares of Vistra by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company's stock valued at $1,174,326,000 after purchasing an additional 219,055 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Vistra by 63.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company's stock valued at $863,116,000 after purchasing an additional 2,433,732 shares during the last quarter. Northern Trust Corp grew its stake in shares of Vistra by 10.9% in the 4th quarter. Northern Trust Corp now owns 3,026,484 shares of the company's stock valued at $417,261,000 after purchasing an additional 296,714 shares during the last quarter. Norges Bank purchased a new position in shares of Vistra in the 4th quarter valued at approximately $409,087,000. Finally, Castle Hook Partners LP grew its stake in shares of Vistra by 13.6% in the 4th quarter. Castle Hook Partners LP now owns 2,964,222 shares of the company's stock valued at $408,677,000 after purchasing an additional 353,949 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Trading Up 0.4%

VST traded up $0.76 during trading on Tuesday, hitting $188.99. 4,153,291 shares of the stock traded hands, compared to its average volume of 7,105,892. The firm has a market capitalization of $64.13 billion, a P/E ratio of 29.72, a price-to-earnings-growth ratio of 2.22 and a beta of 1.26. The company has a debt-to-equity ratio of 6.53, a current ratio of 0.86 and a quick ratio of 0.77. The firm has a 50-day moving average of $175.48 and a 200 day moving average of $152.72. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $201.65.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Wednesday, June 18th were issued a $0.225 dividend. This is an increase from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.48%. Vistra's dividend payout ratio (DPR) is presently 14.15%.

Insider Buying and Selling

In related news, EVP Scott A. Hudson sold 56,000 shares of the business's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $157.00, for a total value of $8,792,000.00. Following the sale, the executive vice president owned 306,600 shares in the company, valued at approximately $48,136,200. The trade was a 15.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Scott B. Helm sold 50,000 shares of the business's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $172.75, for a total transaction of $8,637,500.00. Following the sale, the director directly owned 255,192 shares of the company's stock, valued at $44,084,418. This represents a 16.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 294,000 shares of company stock valued at $47,461,490 in the last 90 days. 1.42% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

VST has been the topic of a number of research analyst reports. 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 research report on Friday, May 23rd. JPMorgan Chase & Co. cut their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Evercore ISI set a $192.00 price target on Vistra and gave the stock an "outperform" rating in a report on Thursday, May 15th. UBS Group boosted their price target on Vistra from $160.00 to $207.00 and gave the stock a "buy" rating in a report on Tuesday, June 17th. Finally, Morgan Stanley upped their target price on Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a research note on Wednesday, June 18th. Three analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $176.92.

Vistra 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.