Vistra Corp. (NYSE:VST) Shares Sold by Picton Mahoney Asset Management

Picton Mahoney Asset Management decreased its stake in shares of Vistra Corp. (NYSE:VST) by 5.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 89,434 shares of the company’s stock after selling 4,909 shares during the period. Picton Mahoney Asset Management’s holdings in Vistra were worth $12,330,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of VST. Apollon Wealth Management LLC acquired a new position in shares of Vistra in the third quarter worth about $231,000. Ashton Thomas Private Wealth LLC lifted its stake in Vistra by 8.8% in the third quarter. Ashton Thomas Private Wealth LLC now owns 4,488 shares of the company’s stock valued at $532,000 after acquiring an additional 363 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in Vistra in the third quarter valued at approximately $247,000. Cable Hill Partners LLC acquired a new stake in Vistra in the third quarter valued at approximately $267,000. Finally, Plato Investment Management Ltd bought a new position in shares of Vistra in the third quarter valued at approximately $235,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Transactions at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the company’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the transaction, the director now owns 51,063 shares in the company, valued at $6,341,513.97. This represents a 32.10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John William Pitesa acquired 1,500 shares of Vistra 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 approximately $439,442.25. This trade represents a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.42% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Evercore ISI began coverage on shares of Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target on the stock. Daiwa Capital Markets initiated coverage on shares of Vistra in a research note on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target on the stock. Daiwa America upgraded shares of Vistra to a “hold” rating in a research note on Wednesday, March 5th. Bank of America raised 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. Finally, BMO Capital Markets upped their price target on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $162.83.

Vistra Stock Performance

Shares of VST stock opened at $124.42 on Friday. The business’s 50 day simple moving average is $155.96 and its 200 day simple moving average is $136.40. Vistra Corp. has a one year low of $60.73 and a one year high of $199.84. The stock has a market capitalization of $42.32 billion, a PE ratio of 23.21, a PEG ratio of 1.12 and a beta of 1.21. 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 Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be given a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.72%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra’s dividend payout ratio is presently 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.