BTG Pactual Asset Management US LLC Boosts Stock Holdings in Vistra Corp. (NYSE:VST)

BTG Pactual Asset Management US LLC increased its stake in Vistra Corp. (NYSE:VST) by 264.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,090 shares of the company’s stock after acquiring an additional 16,033 shares during the period. BTG Pactual Asset Management US LLC’s holdings in Vistra were worth $3,046,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VST. Morse Asset Management Inc acquired a new stake in shares of Vistra in the 3rd quarter valued at $631,000. Orion Portfolio Solutions LLC increased its holdings in Vistra by 56.5% in the third quarter. Orion Portfolio Solutions LLC now owns 5,067 shares of the company’s stock valued at $601,000 after buying an additional 1,829 shares during the last quarter. Virtu Financial LLC purchased a new position in Vistra in the third quarter valued at $1,466,000. Fulcrum Equity Management raised its stake in Vistra by 2.8% in the third quarter. Fulcrum Equity Management now owns 13,549 shares of the company’s stock valued at $1,606,000 after buying an additional 364 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co purchased a new stake in Vistra during the 3rd quarter worth about $208,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on VST. BMO Capital Markets upped their price target on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a report on Wednesday, January 22nd. The Goldman Sachs Group started coverage on shares of Vistra in a report on Friday, April 4th. They issued a “neutral” rating and a $134.00 target price for the company. Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and cut their price target for the stock from $164.00 to $152.00 in a research note on Tuesday, March 4th. Evercore ISI initiated coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective for the company. Finally, Daiwa America upgraded Vistra to a “hold” rating in a research report on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $159.69.

Vistra Stock Up 2.3 %

VST opened at $111.72 on Friday. The business has a 50 day moving average price of $133.17 and a two-hundred day moving average price of $141.35. Vistra Corp. has a 52 week low of $64.26 and a 52 week high of $199.84. The company has a market cap of $38.00 billion, a PE ratio of 20.84, a P/E/G ratio of 1.12 and a beta of 1.21. 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 declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were issued a dividend of $0.2235 per share. The ex-dividend date of this dividend was Thursday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.80%. Vistra’s dividend payout ratio (DPR) is currently 12.62%.

Insider Activity at Vistra

In other news, Director John William Pitesa purchased 1,500 shares of the business’s 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 acquisition, the director now directly owns 3,467 shares of the company’s stock, valued at approximately $439,442.25. This trade represents a 76.26 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the sale, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. This 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.

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.