Vistra Corp. (NYSE:VST) Stock Position Decreased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its stake in shares of Vistra Corp. (NYSE:VST) by 3.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 72,342 shares of the company’s stock after selling 2,448 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Vistra were worth $9,974,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Pathway Financial Advisers LLC increased its holdings in shares of Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 154 shares during the last quarter. Avior Wealth Management LLC increased its holdings in shares of Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after acquiring an additional 65 shares during the last quarter. Founders Capital Management acquired a new position in shares of Vistra during the 4th quarter valued at about $28,000. West Branch Capital LLC acquired a new position in shares of Vistra during the 4th quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vistra during the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Price Performance

Vistra stock opened at $130.75 on Friday. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The company has a market capitalization of $44.47 billion, a PE ratio of 24.39, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. Vistra Corp. has a one year low of $64.26 and a one year high of $199.84. The business has a 50 day simple moving average of $151.74 and a 200 day simple moving average of $138.21.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be given a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Thursday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is 12.62%.

Insider Buying and Selling

In other news, Director Paul M. Barbas sold 24,136 shares of the business’s 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 completion of the sale, the director now owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John William Pitesa bought 1,500 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were purchased at an average price of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now owns 3,467 shares of the company’s stock, valued at $439,442.25. The trade was 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 corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on VST. Daiwa America raised Vistra to a “hold” rating in a report on Wednesday, March 5th. Evercore ISI began coverage on Vistra in a report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price on the stock. Daiwa Capital Markets began coverage on Vistra in a report on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 target price on the stock. Bank of America raised Vistra from a “neutral” rating to a “buy” rating and lowered their target price for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Finally, BMO Capital Markets raised their target price on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a report on Wednesday, January 22nd. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Vistra has an average rating of “Moderate Buy” and a consensus price target of $162.83.

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.