Harvest Investment Services LLC Grows Holdings in Vistra Corp. (NYSE:VST)

Harvest Investment Services LLC raised its holdings in Vistra Corp. (NYSE:VST - Free Report) by 199.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,810 shares of the company's stock after acquiring an additional 8,527 shares during the period. Harvest Investment Services LLC's holdings in Vistra were worth $1,766,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC grew its stake in shares of Vistra by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company's stock worth $1,174,326,000 after buying an additional 219,055 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in 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 buying an additional 2,433,732 shares during the last quarter. Norges Bank acquired a new stake in Vistra during the 4th quarter worth approximately $409,087,000. Appaloosa LP grew its holdings in Vistra by 112.5% during the 4th quarter. Appaloosa LP now owns 2,700,000 shares of the company's stock worth $372,249,000 after acquiring an additional 1,429,612 shares during the last quarter. Finally, Capital International Investors acquired a new position in Vistra in the 4th quarter valued at approximately $286,414,000. Institutional investors own 90.88% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on VST shares. JPMorgan Chase & Co. reduced their price objective on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. UBS Group decreased their price target on Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research note on Friday, April 11th. Daiwa Capital Markets started coverage on Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price objective on the stock. Evercore ISI assumed coverage on shares of Vistra in a research report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price for the company. Finally, BMO Capital Markets boosted their price target on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, Vistra presently has an average rating of "Moderate Buy" and a consensus target price of $166.17.

Vistra Stock Up 2.0 %

Shares of VST stock traded up $2.47 on Friday, reaching $126.70. 4,319,798 shares of the company were exchanged, compared to its average volume of 7,897,962. 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 of $122.87 and a 200-day moving average of $140.63. The company has a market cap of $43.10 billion, a price-to-earnings ratio of 23.64, a PEG ratio of 1.12 and a beta of 1.21. Vistra Corp. has a one year low of $66.50 and a one year high of $199.84.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were paid a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date was Thursday, March 20th. This is a boost from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio (DPR) is 12.62%.

Insider Transactions at Vistra

In other Vistra news, Director John William Pitesa bought 1,500 shares of the firm's stock in a transaction dated Wednesday, March 12th. The stock was bought at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the transaction, the director now directly owns 3,467 shares in the company, valued at approximately $439,442.25. The trade was a 76.26 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Paul M. Barbas sold 24,136 shares of the firm's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the completion of the transaction, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their position. The disclosure for this sale can be found here. 1.42% of the stock is owned by insiders.

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.