Yaupon Capital Management LP Makes New $11.32 Million Investment in Vistra Corp. (NYSE:VST)

Yaupon Capital Management LP bought a new position in Vistra Corp. (NYSE:VST) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 82,137 shares of the company’s stock, valued at approximately $11,324,000.

A number of other institutional investors have also modified their holdings of VST. Avior Wealth Management LLC lifted its position in 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 acquiring an additional 65 shares during the period. Pathway Financial Advisers LLC increased its stake in shares of Vistra by 616.0% in the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after purchasing an additional 154 shares in the last quarter. Founders Capital Management purchased a new position in Vistra during the fourth quarter valued at $28,000. West Branch Capital LLC acquired a new stake in Vistra in the 4th quarter worth about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Vistra in the fourth quarter worth approximately $28,000. 90.88% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VST has been the topic of a number of recent analyst reports. Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and decreased their price objective for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. UBS Group reduced their target price on Vistra from $174.00 to $154.00 and set a “buy” rating for the company in a report on Friday, April 11th. BMO Capital Markets raised their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. cut their price objective on shares of Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a report on Friday, March 28th. Finally, Daiwa America upgraded Vistra to a “hold” rating in a research note on Wednesday, March 5th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $166.17.

Insider Activity

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the firm’s 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 transaction, the director now directly owns 51,063 shares of the company’s stock, valued at approximately $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John William Pitesa acquired 1,500 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average price of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now owns 3,467 shares in the company, valued at $439,442.25. This 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 company insiders.

Vistra Price Performance

VST opened at $106.63 on Tuesday. The stock has a fifty day moving average price of $126.60 and a 200 day moving average price of $141.03. Vistra Corp. has a 1 year low of $65.32 and a 1 year high of $199.84. The stock has a market cap of $36.27 billion, a price-to-earnings ratio of 19.89, a PEG ratio of 1.12 and a beta of 1.21. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 20th were paid a $0.2235 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. This represents a $0.89 annualized dividend and a dividend yield of 0.84%. Vistra’s dividend payout ratio (DPR) is presently 12.62%.

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.