Vistra Corp. (NYSE:VST) Shares Sold by ArrowMark Colorado Holdings LLC

ArrowMark Colorado Holdings LLC decreased its holdings in Vistra Corp. (NYSE:VST - Free Report) by 11.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 610,297 shares of the company's stock after selling 79,843 shares during the period. Vistra comprises approximately 1.1% of ArrowMark Colorado Holdings LLC's portfolio, making the stock its 26th largest position. ArrowMark Colorado Holdings LLC owned 0.18% of Vistra worth $84,142,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of VST. Peregrine Asset Advisers Inc. grew its holdings in Vistra by 3.2% during the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock worth $285,000 after acquiring an additional 64 shares in the last quarter. Avior Wealth Management LLC grew its stake in shares of Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock worth $25,000 after purchasing an additional 65 shares in the last quarter. Galvin Gaustad & Stein LLC increased its holdings in Vistra by 3.6% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock valued at $286,000 after buying an additional 73 shares during the last quarter. Paloma Partners Management Co raised its stake in Vistra by 1.0% in the fourth quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock valued at $1,103,000 after buying an additional 81 shares in the last quarter. Finally, Csenge Advisory Group boosted its position in shares of Vistra by 1.7% during the 4th quarter. Csenge Advisory Group now owns 5,096 shares of the company's stock worth $703,000 after acquiring an additional 83 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

Insider Activity at Vistra

In other news, Director John William Pitesa bought 1,500 shares of the stock in a transaction dated Wednesday, March 12th. The shares were 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 directly owns 3,467 shares in the company, valued at approximately $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction dated 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 ownership of the stock. The disclosure for this sale can be found here. 1.42% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on VST. BMO Capital Markets boosted their target price on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research note 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 target price for the company. Daiwa America raised shares of Vistra to a "hold" rating in a research report on Wednesday, March 5th. UBS Group decreased their price objective on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research note on Friday, April 11th. Finally, Evercore ISI assumed coverage on Vistra in a research report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price on the stock. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $166.17.

Vistra Stock Up 1.4 %

VST opened at $139.24 on Friday. The business has a 50 day moving average price of $120.90 and a two-hundred day moving average price of $140.84. Vistra Corp. has a 52 week low of $66.50 and a 52 week high of $199.84. The company has a market cap of $47.36 billion, a PE ratio of 25.98, a P/E/G ratio of 1.12 and a beta of 1.21. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a dividend yield of 0.65%. Vistra's dividend payout ratio (DPR) is currently 12.62%.

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.

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