Price T Rowe Associates Inc. MD Has $285.67 Million Holdings in Vistra Corp. (NYSE:VST)

Price T Rowe Associates Inc. MD lifted its holdings in Vistra Corp. (NYSE:VST - Free Report) by 6.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,072,045 shares of the company's stock after purchasing an additional 132,530 shares during the period. Price T Rowe Associates Inc. MD owned about 0.61% of Vistra worth $285,674,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Avior Wealth Management LLC lifted its position in shares of Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after acquiring an additional 65 shares during the last quarter. Pathway Financial Advisers LLC boosted its position in shares of Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 154 shares during the period. Founders Capital Management purchased a new position in Vistra in the 4th quarter worth about $28,000. West Branch Capital LLC acquired a new stake in Vistra during the 4th quarter worth about $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in Vistra during the fourth quarter valued at about $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Stock Down 1.0 %

Shares of VST stock traded down $1.32 on Wednesday, hitting $128.01. The company's stock had a trading volume of 1,419,499 shares, compared to its average volume of 8,718,336. The stock has a market capitalization of $43.54 billion, a price-to-earnings ratio of 23.85, a P/E/G ratio of 1.12 and a beta of 1.21. Vistra Corp. has a fifty-two week low of $66.50 and a fifty-two week high of $199.84. The firm's fifty day moving average price is $121.40 and its 200-day moving average price is $140.81. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were paid a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend was Thursday, March 20th. This is an increase from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is 12.62%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on VST shares. Daiwa America upgraded shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. Evercore ISI initiated coverage on Vistra in a research report on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 target price for the company. BMO Capital Markets upped their price target on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. decreased their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Finally, Daiwa Capital Markets started coverage on Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $166.17.

Insider Activity

In other news, Director Paul M. Barbas sold 24,136 shares of the firm's stock in a transaction dated 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 sale, the director now directly owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. This trade represents 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 acquired 1,500 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the purchase, the director now directly owns 3,467 shares of the company's stock, valued at $439,442.25. This trade represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is currently 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.