Yaupon Capital Management LP Purchases Shares of 82,137 Vistra Corp. (NYSE:VST)

Yaupon Capital Management LP bought a new position in Vistra Corp. (NYSE:VST - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 82,137 shares of the company's stock, valued at approximately $11,324,000.

Several other large investors have also made changes to their positions in the company. IHT Wealth Management LLC increased its position in shares of Vistra by 1.1% in the fourth quarter. IHT Wealth Management LLC now owns 9,579 shares of the company's stock worth $1,321,000 after acquiring an additional 106 shares in the last quarter. Stifel Financial Corp increased its holdings in Vistra by 13.5% in the 4th quarter. Stifel Financial Corp now owns 78,390 shares of the company's stock valued at $10,809,000 after purchasing an additional 9,337 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in Vistra by 4.8% in the fourth quarter. OneDigital Investment Advisors LLC now owns 2,944 shares of the company's stock valued at $406,000 after purchasing an additional 135 shares during the period. TD Waterhouse Canada Inc. raised its position in Vistra by 78.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 8,556 shares of the company's stock valued at $1,180,000 after purchasing an additional 3,770 shares during the period. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Vistra by 63.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 28,049 shares of the company's stock worth $3,867,000 after purchasing an additional 10,885 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the stock in a transaction that occurred 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 transaction, the director now directly owns 3,467 shares in the company, valued at approximately $439,442.25. This represents a 76.26 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 sale, the director now owns 51,063 shares in the company, valued at approximately $6,341,513.97. This trade represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. 1.42% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. 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. JPMorgan Chase & Co. lowered their price objective on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Daiwa Capital Markets started coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 target price on the stock. UBS Group lowered their price target on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a report on Friday, April 11th. Finally, BMO Capital Markets boosted their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $166.17.

Vistra Stock Up 2.0 %

Vistra stock traded up $2.47 during midday trading on Friday, hitting $126.70. The stock had a trading volume of 4,319,798 shares, compared to its average volume of 7,897,962. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The business has a fifty day moving average price of $122.87 and a 200 day moving average price of $140.63. Vistra Corp. has a 12 month low of $66.50 and a 12 month high of $199.84. The stock has a market cap of $43.10 billion, a P/E ratio of 23.64, a P/E/G ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors 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. This represents a $0.89 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend was Thursday, March 20th. Vistra's dividend payout ratio 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.