Nebula Research & Development LLC Makes New Investment in Vistra Corp. (NYSE:VST)

Nebula Research & Development LLC acquired a new position in shares of Vistra Corp. (NYSE:VST - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,725 shares of the company's stock, valued at approximately $1,065,000.

Several other large investors have also recently bought and sold shares of VST. Geode Capital Management LLC raised its position in shares of Vistra by 2.6% during 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 acquiring an additional 219,055 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Vistra by 63.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company's stock worth $863,116,000 after purchasing an additional 2,433,732 shares in the last quarter. Norges Bank acquired a new position in shares of Vistra during the 4th quarter worth about $409,087,000. Appaloosa LP boosted its stake in shares of 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 buying an additional 1,429,612 shares during the last quarter. Finally, Capital International Investors acquired a new position in shares of Vistra during the 4th quarter worth about $286,414,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Analyst Upgrades and Downgrades

VST has been the subject of several recent analyst reports. Daiwa Capital Markets initiated coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price for the company. JPMorgan Chase & Co. lowered their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research report on Friday, March 28th. Evercore ISI assumed coverage on Vistra in a research report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price objective on the stock. The Goldman Sachs Group started coverage on Vistra in a report on Friday, April 4th. They set a "neutral" rating and a $134.00 target price on the stock. Finally, UBS Group reduced their price objective on Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Vistra currently has a consensus rating of "Moderate Buy" and an average target price of $166.17.

Vistra Trading Down 0.3 %

Shares of VST traded down $0.34 during mid-day trading on Tuesday, reaching $129.28. 4,283,256 shares of the company were exchanged, compared to its average volume of 7,897,134. Vistra Corp. has a 52 week low of $66.50 and a 52 week high of $199.84. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The stock has a market capitalization of $43.98 billion, a PE ratio of 24.12, a PEG ratio of 1.12 and a beta of 1.21. The business has a 50 day simple moving average of $121.40 and a two-hundred day simple moving average of $140.81.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were given a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.69%. This is an increase from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. Vistra's dividend payout ratio (DPR) is 12.62%.

Insider Transactions at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John William Pitesa bought 1,500 shares of the stock in a transaction on Wednesday, March 12th. The stock was acquired at an average price of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares of the company's stock, valued at $439,442.25. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is owned by corporate insiders.

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.