Lindbrook Capital LLC Has $236,000 Stock Holdings in Vistra Corp. (NYSE:VST)

Lindbrook Capital LLC increased its holdings in shares of Vistra Corp. (NYSE:VST) by 20.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,710 shares of the company’s stock after buying an additional 294 shares during the period. Lindbrook Capital LLC’s holdings in Vistra were worth $236,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VST. Raymond James Financial Inc. bought a new stake in shares of Vistra in the 4th quarter valued at $237,441,000. Massachusetts Financial Services Co. MA boosted its stake in shares of Vistra by 51.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,826,631 shares of the company’s stock valued at $453,609,000 after purchasing an additional 1,293,974 shares during the last quarter. State Street Corp boosted its stake in shares of Vistra by 6.8% in the 3rd quarter. State Street Corp now owns 16,355,255 shares of the company’s stock valued at $1,938,752,000 after purchasing an additional 1,037,402 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Vistra by 36.0% in the 3rd quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company’s stock valued at $448,320,000 after purchasing an additional 1,000,307 shares during the last quarter. Finally, Rubric Capital Management LP boosted its stake in shares of Vistra by 60.1% in the 3rd quarter. Rubric Capital Management LP now owns 2,125,000 shares of the company’s stock valued at $251,898,000 after purchasing an additional 797,894 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Vistra Stock Performance

VST opened at $113.96 on Friday. 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 company’s fifty day moving average price is $158.53 and its two-hundred day moving average price is $135.25. Vistra Corp. has a 1-year low of $57.50 and a 1-year high of $199.84. The company has a market cap of $38.77 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be issued a dividend of $0.2235 per share. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.78%. Vistra’s dividend payout ratio is presently 12.62%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on VST. Evercore ISI began coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective on the stock. Daiwa America raised shares of Vistra to a “hold” rating in a research note on Wednesday. Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $164.00 to $152.00 in a research note on Tuesday. Daiwa Capital Markets assumed coverage on shares of Vistra in a research report on Wednesday. They set a “neutral” rating and a $120.00 target price on the stock. Finally, Morgan Stanley boosted their target price on shares of Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research report on Friday, November 22nd. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Vistra presently has an average rating of “Moderate Buy” and a consensus target price of $162.83.

Insider Activity

In other Vistra news, Director Scott B. Helm sold 20,000 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the completion of the transaction, the director now owns 343,350 shares in the company, valued at $47,990,029.50. This trade represents a 5.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.42% of the stock is currently owned by corporate insiders.

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.