United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Takes $317,000 Position in Vistra Corp. (NYSE:VST)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of Vistra Corp. (NYSE:VST) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,300 shares of the company’s stock, valued at approximately $317,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VST. Lionsbridge Wealth Management LLC purchased a new position in shares of Vistra in the fourth quarter valued at $277,000. Dakota Wealth Management purchased a new position in Vistra in the 4th quarter valued at about $231,000. Retirement Systems of Alabama grew its stake in shares of Vistra by 9.6% during the third quarter. Retirement Systems of Alabama now owns 78,965 shares of the company’s stock valued at $9,361,000 after acquiring an additional 6,920 shares in the last quarter. First Sabrepoint Capital Management LP purchased a new stake in shares of Vistra during the third quarter worth about $17,781,000. Finally, Legal Advantage Investments Inc. acquired a new position in shares of Vistra in the fourth quarter worth about $565,000. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Insider Activity at Vistra

In other Vistra news, Director John William Pitesa bought 1,500 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the transaction, the director now directly owns 3,467 shares in the company, valued at $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 value of $2,997,449.84. Following the transaction, the director now owns 51,063 shares of the company’s stock, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their position. The disclosure for this sale can be found here. 1.42% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

VST has been the topic of several analyst reports. BMO Capital Markets lifted their price objective on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Daiwa America upgraded shares of Vistra to a “hold” rating in a research note on Wednesday, March 5th. Evercore ISI began coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective on the stock. UBS Group boosted their target price on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. Finally, Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.83.

Vistra Price Performance

Shares of VST opened at $124.11 on Thursday. Vistra Corp. has a 12 month low of $64.26 and a 12 month 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 stock has a fifty day moving average price of $149.52 and a 200 day moving average price of $139.79. The company has a market cap of $42.22 billion, a P/E ratio of 23.15, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be issued a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend is Thursday, March 20th. This is a boost from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is 12.62%.

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.