AGF Management Ltd. Has $70.41 Million Stock Holdings in Vistra Corp. (NYSE:VST)

AGF Management Ltd. decreased its holdings in shares of Vistra Corp. (NYSE:VST) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 510,696 shares of the company’s stock after selling 24,003 shares during the quarter. AGF Management Ltd. owned approximately 0.15% of Vistra worth $70,410,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of VST. Raymond James Financial Inc. acquired a new stake in shares of Vistra during the 4th quarter worth about $237,441,000. Massachusetts Financial Services Co. MA raised its holdings in shares of Vistra by 51.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,826,631 shares of the company’s stock valued at $453,609,000 after purchasing an additional 1,293,974 shares during the last quarter. State Street Corp increased its holdings in Vistra by 6.8% during the third quarter. State Street Corp now owns 16,355,255 shares of the company’s stock worth $1,938,752,000 after buying an additional 1,037,402 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of Vistra by 36.0% in the third quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company’s stock valued at $448,320,000 after purchasing an additional 1,000,307 shares during the last quarter. Finally, Rubric Capital Management LP boosted its position in shares of Vistra by 60.1% in the third quarter. Rubric Capital Management LP now owns 2,125,000 shares of the company’s stock valued at $251,898,000 after acquiring an additional 797,894 shares during the period. 90.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on VST shares. UBS Group upped their price objective on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Daiwa America upgraded Vistra to a “hold” rating in a research note on Wednesday, March 5th. Daiwa Capital Markets started coverage on Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price target on the stock. BMO Capital Markets upped their price target on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Finally, Bank of America raised Vistra from a “neutral” rating to a “buy” rating and lowered their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $162.83.

Vistra Trading Down 5.5 %

VST stock opened at $108.03 on Tuesday. The company has a market cap of $36.62 billion, a price-to-earnings ratio of 20.15, a PEG 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. The business has a fifty day simple moving average of $158.02 and a 200-day simple moving average of $136.25. Vistra Corp. has a 52 week low of $57.50 and a 52 week high of $199.84.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be given a $0.2235 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Thursday, March 20th. Vistra’s dividend payout ratio is presently 12.62%.

Vistra Company 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.