Emerald Advisers LLC Has $372,000 Position in Vistra Corp. (NYSE:VST)

Emerald Advisers LLC lifted its stake in Vistra Corp. (NYSE:VST) by 58.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,699 shares of the company’s stock after acquiring an additional 992 shares during the quarter. Emerald Advisers LLC’s holdings in Vistra were worth $372,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of VST. Avior Wealth Management LLC increased its position in Vistra by 56.5% in 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. Pathway Financial Advisers LLC increased its holdings in Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 154 shares during the last quarter. Founders Capital Management bought a new position in Vistra during the fourth quarter valued at approximately $28,000. West Branch Capital LLC acquired a new stake in Vistra in the fourth quarter valued at approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in Vistra in the fourth quarter worth approximately $28,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on VST shares. BMO Capital Markets raised their price target on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a report on Wednesday, January 22nd. UBS Group upped their price target on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Daiwa America raised Vistra to a “hold” rating in a research note on Wednesday, March 5th. Evercore ISI initiated coverage on Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 target price for the company. Finally, Daiwa Capital Markets assumed coverage on Vistra in a report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $162.83.

Vistra Stock Performance

NYSE VST opened at $130.75 on Monday. The company’s fifty day moving average is $151.74 and its two-hundred day moving average is $139.08. Vistra Corp. has a 52-week low of $64.26 and a 52-week high of $199.84. 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 firm has a market capitalization of $44.47 billion, a price-to-earnings ratio of 24.39, a P/E/G ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company 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. The ex-dividend date is Thursday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.68%. Vistra’s dividend payout ratio (DPR) is 12.62%.

Insider Activity at Vistra

In other news, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction that occurred 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 sale, the director now directly owns 51,063 shares in the company, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John William Pitesa bought 1,500 shares of Vistra stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the transaction, 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. Corporate insiders own 1.42% of the company’s stock.

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.