Vistra Corp. (NYSE:VST) Stock Position Raised by Castle Hook Partners LP

Castle Hook Partners LP raised its stake in shares of Vistra Corp. (NYSE:VST) by 13.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,964,222 shares of the company’s stock after buying an additional 353,949 shares during the period. Vistra comprises approximately 5.1% of Castle Hook Partners LP’s holdings, making the stock its 3rd largest position. Castle Hook Partners LP owned approximately 0.87% of Vistra worth $408,677,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. World Investment Advisors LLC purchased a new stake in shares of Vistra in the 3rd quarter worth $351,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Vistra during the 3rd quarter valued at about $263,000. B. Riley Wealth Advisors Inc. grew its stake in shares of Vistra by 94.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 4,853 shares of the company’s stock valued at $622,000 after acquiring an additional 2,355 shares during the period. Versant Capital Management Inc increased its holdings in Vistra by 95.7% in the 4th quarter. Versant Capital Management Inc now owns 321 shares of the company’s stock worth $44,000 after acquiring an additional 157 shares in the last quarter. Finally, Doliver Advisors LP purchased a new position in Vistra during the fourth quarter valued at approximately $236,000. 90.88% of the stock is owned by institutional investors.

Vistra Trading Up 0.6 %

VST stock opened at $140.05 on Tuesday. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $199.84. The stock has a market capitalization of $47.64 billion, a price-to-earnings ratio of 26.13, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16. 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 firm’s fifty day simple moving average is $120.75 and its two-hundred day simple moving average is $141.03.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be paid a $0.225 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.90 annualized dividend and a yield of 0.64%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is presently 12.77%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Evercore ISI started coverage on shares of Vistra in a report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price for the company. BMO Capital Markets boosted their price target on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. The Goldman Sachs Group began coverage on shares of Vistra in a report on Friday, April 4th. They set a “neutral” rating and a $134.00 price objective for the company. Daiwa America raised shares of Vistra to a “hold” rating in a report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. cut their target price on shares of Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a research note on Friday, March 28th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $166.17.

Insider Buying and Selling at Vistra

In other news, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were 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 directly owns 51,063 shares of the company’s stock, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John William Pitesa acquired 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average price of $126.75 per share, with a total value of $190,125.00. Following the acquisition, the director now directly 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. Company insiders own 1.42% of the company’s stock.

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.