Thompson Siegel & Walmsley LLC Decreases Stock Holdings in Vistra Corp. (NYSE:VST)

Thompson Siegel & Walmsley LLC reduced its stake in shares of Vistra Corp. (NYSE:VST) by 3.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,803 shares of the company’s stock after selling 147 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Vistra were worth $524,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Peregrine Asset Advisers Inc. lifted its stake in shares of Vistra by 3.2% during the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company’s stock worth $285,000 after purchasing an additional 64 shares during the last quarter. Avior Wealth Management LLC lifted its stake in shares of Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Galvin Gaustad & Stein LLC lifted its stake in shares of Vistra by 3.6% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock worth $286,000 after purchasing an additional 73 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in shares of Vistra by 3.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company’s stock worth $333,000 after purchasing an additional 81 shares during the last quarter. Finally, Csenge Advisory Group raised its stake in Vistra by 1.7% in the fourth quarter. Csenge Advisory Group now owns 5,096 shares of the company’s stock valued at $703,000 after buying an additional 83 shares during the last quarter. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Vistra Trading Up 5.4 %

Shares of NYSE:VST opened at $124.42 on Friday. The stock has a market cap of $42.32 billion, a price-to-earnings ratio of 23.21, a PEG ratio of 1.12 and a beta of 1.21. Vistra Corp. has a 52-week low of $60.73 and a 52-week high of $199.84. The business has a 50-day moving average price of $155.96 and a 200-day moving average price of $136.40. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68.

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 issued a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a yield of 0.72%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 20th. Vistra’s dividend payout ratio (DPR) is 12.62%.

Insider Buying and Selling

In related news, Director Paul M. Barbas sold 24,136 shares of the firm’s 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 directly owns 51,063 shares of the company’s stock, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John William Pitesa bought 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares of the company’s stock, valued at $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 corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. BMO Capital Markets increased 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. Evercore ISI assumed coverage on Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target for the company. Daiwa Capital Markets assumed coverage on Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price target for the company. Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and decreased their price target for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Finally, Morgan Stanley increased their price target on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Vistra has a consensus rating of “Moderate Buy” and an average 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.