Vistra Corp. (NYSE:VST) Shares Purchased by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC raised its holdings in shares of Vistra Corp. (NYSE:VST - Free Report) by 9.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 168,995 shares of the company's stock after acquiring an additional 14,513 shares during the quarter. Pallas Capital Advisors LLC's holdings in Vistra were worth $6,510,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Comerica Bank lifted its holdings in Vistra by 90.4% during the 3rd quarter. Comerica Bank now owns 327,520 shares of the company's stock valued at $10,867,000 after purchasing an additional 155,533 shares during the last quarter. Ellsworth Advisors LLC bought a new stake in Vistra in the fourth quarter valued at approximately $773,000. Burns Matteson Capital Management LLC bought a new position in shares of Vistra during the 4th quarter worth approximately $831,000. Harvest Fund Management Co. Ltd raised its position in shares of Vistra by 323.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 4,554 shares of the company's stock worth $151,000 after purchasing an additional 3,479 shares during the period. Finally, Chicago Capital LLC bought a new position in Vistra in the 4th quarter worth about $2,716,000. 90.88% of the stock is owned by institutional investors.

Insider Transactions at Vistra

In other news, EVP Scott A. Hudson sold 86,517 shares of the company's stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $59.11, for a total value of $5,114,019.87. Following the completion of the transaction, the executive vice president now owns 254,932 shares of the company's stock, valued at $15,069,030.52. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, EVP Stephanie Zapata Moore sold 98,020 shares of the stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the completion of the transaction, the executive vice president now directly owns 161,888 shares of the company's stock, valued at $9,470,448. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Scott A. Hudson sold 86,517 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $59.11, for a total value of $5,114,019.87. Following the transaction, the executive vice president now directly owns 254,932 shares of the company's stock, valued at $15,069,030.52. The disclosure for this sale can be found here. Insiders sold a total of 257,285 shares of company stock valued at $15,404,397 over the last 90 days. Company insiders own 1.36% of the company's stock.

Vistra Price Performance

Shares of NYSE:VST traded down $0.38 on Tuesday, hitting $71.15. The company's stock had a trading volume of 5,143,411 shares, compared to its average volume of 4,880,833. The company has a market capitalization of $24.75 billion, a PE ratio of 19.98, a PEG ratio of 0.93 and a beta of 1.05. The company has a debt-to-equity ratio of 4.26, a current ratio of 1.18 and a quick ratio of 1.11. Vistra Corp. has a 1 year low of $22.67 and a 1 year high of $73.07. The company has a 50-day simple moving average of $53.14 and a 200 day simple moving average of $41.63.

Vistra (NYSE:VST - Get Free Report) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.48) earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by ($1.02). Vistra had a return on equity of 20.05% and a net margin of 10.10%. The business had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $5.48 billion. Sell-side analysts forecast that Vistra Corp. will post 4.28 EPS for the current fiscal year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Wednesday, March 20th were issued a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 1.21%. The ex-dividend date was Tuesday, March 19th. This is a positive change from Vistra's previous quarterly dividend of $0.21. Vistra's payout ratio is currently 24.02%.

Analysts Set New Price Targets

Several research analysts have commented on VST shares. Evercore ISI raised their target price on Vistra from $42.00 to $72.00 and gave the stock an "outperform" rating in a research note on Monday, March 18th. BMO Capital Markets raised their target price on Vistra from $52.00 to $60.00 and gave the stock an "outperform" rating in a research note on Monday, March 4th. Finally, Morgan Stanley reaffirmed an "overweight" rating and issued a $78.00 price target on shares of Vistra in a report on Monday, March 25th. Four analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $61.75.

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.