Castle Hook Partners LP Has $408.68 Million Holdings in Vistra Corp. (NYSE:VST)

Castle Hook Partners LP increased its stake in Vistra Corp. (NYSE:VST - Free Report) by 13.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,964,222 shares of the company's stock after acquiring an additional 353,949 shares during the quarter. Vistra makes up 5.1% of Castle Hook Partners LP's holdings, making the stock its 3rd largest holding. Castle Hook Partners LP owned about 0.87% of Vistra worth $408,677,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of VST. Cetera Investment Advisers lifted its holdings in shares of Vistra by 29.2% in the fourth quarter. Cetera Investment Advisers now owns 126,403 shares of the company's stock valued at $17,427,000 after purchasing an additional 28,592 shares in the last quarter. BOKF NA boosted its holdings in shares of Vistra by 10.0% during the fourth quarter. BOKF NA now owns 22,908 shares of the company's stock worth $3,158,000 after purchasing an additional 2,090 shares during the period. Blackstone Inc. purchased a new position in Vistra during the fourth quarter valued at approximately $226,000. Brevan Howard Capital Management LP increased its stake in Vistra by 666.3% in the 4th quarter. Brevan Howard Capital Management LP now owns 18,721 shares of the company's stock valued at $2,581,000 after buying an additional 16,278 shares during the period. Finally, Captrust Financial Advisors lifted its position in Vistra by 2.4% in the 4th quarter. Captrust Financial Advisors now owns 44,015 shares of the company's stock worth $6,068,000 after buying an additional 1,045 shares in the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Stock Performance

VST stock traded down $5.11 during mid-day trading on Friday, reaching $135.80. 5,853,932 shares of the stock traded hands, compared to its average volume of 7,569,286. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The business has a 50-day moving average of $121.68 and a two-hundred day moving average of $141.20. The firm has a market capitalization of $46.19 billion, a PE ratio of 25.34, a P/E/G ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 52 week low of $66.50 and a 52 week high of $199.84.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be given a $0.225 dividend. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Wednesday, June 18th. Vistra's payout ratio is currently 12.77%.

Insider Transactions at Vistra

In related news, Director John William Pitesa acquired 1,500 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were bought at an average price 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 $439,442.25. This trade represents a 76.26 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the completion of the sale, the director now owns 51,063 shares of the company's stock, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.42% of the company's stock.

Wall Street Analyst Weigh In

VST has been the topic of several research analyst reports. UBS Group boosted their price target on shares of Vistra from $154.00 to $160.00 and gave the company a "buy" rating in a report on Thursday. JPMorgan Chase & Co. cut their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and dropped their price objective for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. The Goldman Sachs Group assumed coverage on shares of Vistra in a research note on Friday, April 4th. They issued a "neutral" rating and a $134.00 target price for the company. Finally, Daiwa America upgraded shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $166.67.

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.