Vistra Corp. (NYSE:VST) is Two Seas Capital LP's 6th Largest Position

Two Seas Capital LP boosted its holdings in Vistra Corp. (NYSE:VST - Free Report) by 50.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 379,085 shares of the company's stock after buying an additional 126,419 shares during the period. Vistra makes up about 4.5% of Two Seas Capital LP's investment portfolio, making the stock its 6th largest position. Two Seas Capital LP owned 0.11% of Vistra worth $52,264,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Lionsbridge Wealth Management LLC bought a new position in Vistra in the fourth quarter worth about $277,000. Dakota Wealth Management bought a new position in Vistra during the 4th quarter valued at $231,000. Retirement Systems of Alabama raised its position in Vistra by 9.6% in the third quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock worth $9,361,000 after acquiring an additional 6,920 shares in the last quarter. Legal Advantage Investments Inc. acquired a new stake in Vistra in the 4th quarter valued at about $565,000. Finally, Viking Fund Management LLC lifted its holdings in Vistra by 90.0% in the 4th quarter. Viking Fund Management LLC now owns 19,000 shares of the company's stock valued at $2,620,000 after acquiring an additional 9,000 shares during the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Stock Down 0.2 %

Shares of NYSE:VST traded down $0.32 during trading on Tuesday, reaching $129.31. 1,808,800 shares of the stock were exchanged, compared to its average volume of 7,877,139. 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 1-year low of $66.50 and a 1-year high of $199.84. The stock has a fifty day moving average of $122.07 and a two-hundred day moving average of $140.89. The firm has a market cap of $43.98 billion, a price-to-earnings ratio of 24.07, 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. The ex-dividend date of this dividend was Thursday, March 20th. This is a positive change from Vistra's previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.69%. Vistra's dividend payout ratio (DPR) is currently 12.62%.

Insider Transactions at Vistra

In other news, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total transaction 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. This represents a 32.10 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John William Pitesa purchased 1,500 shares of the business's 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 purchase, the director now directly owns 3,467 shares in the company, 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.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on VST. The Goldman Sachs Group began coverage on shares of Vistra in a research report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price target for the company. UBS Group lowered their price objective on shares of Vistra from $174.00 to $154.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Evercore ISI initiated coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an "outperform" rating and a $202.00 price objective for the company. Daiwa Capital Markets assumed coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price on the stock. Finally, BMO Capital Markets upped their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 22nd. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus 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.