Vistra Corp. (NYSE:VST) Shares Sold by Sirios Capital Management L P

Sirios Capital Management L P cut its stake in Vistra Corp. (NYSE:VST - Free Report) by 2.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 116,409 shares of the company's stock after selling 3,523 shares during the period. Vistra accounts for about 2.9% of Sirios Capital Management L P's portfolio, making the stock its 12th largest position. Sirios Capital Management L P's holdings in Vistra were worth $16,049,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of VST. Norges Bank purchased a new stake in shares of Vistra during the fourth quarter valued at $409,087,000. Massachusetts Financial Services Co. MA grew its stake 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 valued at $863,116,000 after purchasing an additional 2,433,732 shares during the last quarter. Capital International Investors acquired a new position in shares of Vistra in the fourth quarter valued at about $286,414,000. Raymond James Financial Inc. purchased a new position in shares of Vistra in the fourth quarter worth about $237,441,000. Finally, Appaloosa LP lifted its holdings in shares of Vistra by 112.5% during the fourth quarter. Appaloosa LP now owns 2,700,000 shares of the company's stock worth $372,249,000 after purchasing an additional 1,429,612 shares during the period. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Price Performance

VST stock traded up $2.47 during mid-day trading on Friday, reaching $126.70. 4,319,798 shares of the company's stock were exchanged, compared to its average volume of 7,915,291. 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 Corp. has a 12-month low of $66.50 and a 12-month high of $199.84. The stock's 50 day moving average is $122.87 and its 200 day moving average is $140.74. The company has a market cap of $43.10 billion, a price-to-earnings ratio of 23.64, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The firm also recently announced 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 is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.71%. Vistra's dividend payout ratio (DPR) is 12.62%.

Insider Activity at Vistra

In other news, Director John William Pitesa acquired 1,500 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the acquisition, the director now owns 3,467 shares in the company, valued at approximately $439,442.25. This represents a 76.26 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the transaction, the director now directly owns 51,063 shares of the company's stock, valued at $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 corporate insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. The Goldman Sachs Group began coverage on shares of Vistra in a report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price target on the stock. Daiwa America upgraded shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. BMO Capital Markets raised their target price on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a report on Wednesday, January 22nd. Daiwa Capital Markets began coverage on shares of Vistra in a report on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price target on the stock. Finally, UBS Group cut their price target on Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $166.17.

About Vistra

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.