Vistra Corp. (NYSE:VST) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky trimmed its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 19.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,230 shares of the company's stock after selling 5,912 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Vistra were worth $3,479,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Geode Capital Management LLC lifted its stake in Vistra by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company's stock valued at $1,174,326,000 after buying an additional 219,055 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position 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 worth $863,116,000 after purchasing an additional 2,433,732 shares in the last quarter. Norges Bank acquired a new position in Vistra in the 4th quarter valued at about $409,087,000. Appaloosa LP lifted its holdings in Vistra by 112.5% in the 4th quarter. Appaloosa LP now owns 2,700,000 shares of the company's stock valued at $372,249,000 after purchasing an additional 1,429,612 shares in the last quarter. Finally, Capital International Investors purchased a new stake in shares of Vistra during the fourth quarter worth about $286,414,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

Insiders Place Their Bets

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of Vistra 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 sale, the director now 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John William Pitesa purchased 1,500 shares of the firm's stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of $126.75 per share, with a total value of $190,125.00. Following the purchase, the director now owns 3,467 shares of the company's stock, valued at approximately $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 currently owned by corporate insiders.

Vistra Stock Up 0.2 %

NYSE VST traded up $0.26 during trading hours on Monday, reaching $126.90. 1,601,160 shares of the company traded hands, compared to its average volume of 7,890,616. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84. The company has a 50 day moving average of $122.87 and a two-hundred day moving average of $140.86. The stock has a market capitalization of $43.16 billion, a PE ratio of 23.69, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were given a $0.2235 dividend. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.89 annualized dividend and a dividend yield of 0.70%. Vistra's dividend payout ratio (DPR) is presently 12.62%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Evercore ISI started coverage on Vistra in a research note on Tuesday, January 21st. They set an "outperform" rating and a $202.00 price target on the stock. UBS Group dropped their price objective on Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a report on Friday, April 11th. Daiwa America upgraded Vistra to a "hold" rating in a report on Wednesday, March 5th. The Goldman Sachs Group started coverage on Vistra in a research note on Friday, April 4th. They issued a "neutral" rating and a $134.00 target price for the company. Finally, Bank of America upgraded shares of Vistra from a "neutral" rating to a "buy" rating and decreased their target price for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Vistra 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.