APG Asset Management N.V. Purchases Shares of 186,100 Vistra Corp. (NYSE:VST)

APG Asset Management N.V. acquired a new stake in Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 186,100 shares of the company’s stock, valued at approximately $24,778,000. APG Asset Management N.V. owned 0.05% of Vistra as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Pathway Financial Advisers LLC lifted its stake in Vistra by 616.0% during the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after buying an additional 154 shares in the last quarter. Avior Wealth Management LLC raised its stake in 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 purchasing an additional 65 shares during the period. Founders Capital Management acquired a new stake in shares of Vistra in the fourth quarter worth $28,000. West Branch Capital LLC purchased a new position in shares of Vistra during the fourth quarter valued at $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vistra in the fourth quarter worth approximately $28,000. Institutional investors own 90.88% of the company’s stock.

Vistra Stock Up 16.6 %

Shares of NYSE:VST opened at $119.13 on Thursday. Vistra Corp. has a 12 month low of $64.26 and a 12 month high of $199.84. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The company’s 50-day moving average price is $135.49 and its two-hundred day moving average price is $141.42. The firm has a market cap of $40.52 billion, a P/E ratio of 22.23, a P/E/G ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were issued a $0.2235 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.75%. Vistra’s dividend payout ratio (DPR) is currently 12.62%.

Insider Transactions at Vistra

In related news, Director John William Pitesa bought 1,500 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was bought at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the transaction, the director now owns 3,467 shares of the company’s stock, valued at $439,442.25. This represents a 76.26 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of the 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 approximately $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.42% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on VST. JPMorgan Chase & Co. reduced their price target on Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a research report on Friday, March 28th. BMO Capital Markets upped their price objective on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, January 22nd. Evercore ISI assumed coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target on the stock. UBS Group upped their target price on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Finally, Daiwa America upgraded shares of Vistra to a “hold” rating in a research note on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.23.

Vistra 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.