Vistra Corp. $VST Position Increased by Jag Capital Management LLC

Jag Capital Management LLC boosted its stake in shares of Vistra Corp. (NYSE:VST) by 1,974.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,141 shares of the company’s stock after purchasing an additional 24,881 shares during the quarter. Jag Capital Management LLC’s holdings in Vistra were worth $5,122,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bridgewater Advisors Inc. boosted its stake in Vistra by 3.1% during the 3rd quarter. Bridgewater Advisors Inc. now owns 1,787 shares of the company’s stock valued at $350,000 after purchasing an additional 53 shares during the period. Y.D. More Investments Ltd raised its holdings in shares of Vistra by 7.1% during the third quarter. Y.D. More Investments Ltd now owns 916 shares of the company’s stock valued at $168,000 after buying an additional 61 shares during the last quarter. Ballentine Partners LLC boosted its position in shares of Vistra by 2.0% during the third quarter. Ballentine Partners LLC now owns 3,275 shares of the company’s stock worth $642,000 after buying an additional 63 shares during the period. Wealth Effects LLC grew its holdings in Vistra by 1.1% in the 3rd quarter. Wealth Effects LLC now owns 5,782 shares of the company’s stock worth $1,133,000 after buying an additional 65 shares in the last quarter. Finally, Guardian Asset Advisors LLC increased its position in Vistra by 3.0% in the 3rd quarter. Guardian Asset Advisors LLC now owns 2,281 shares of the company’s stock valued at $447,000 after acquiring an additional 66 shares during the period. 90.88% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on VST. Scotiabank boosted their price target on Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. UBS Group upped their price objective on shares of Vistra from $230.00 to $233.00 and gave the stock a “buy” rating in a report on Monday, January 12th. KeyCorp started coverage on shares of Vistra in a research report on Monday, November 24th. They issued an “overweight” rating and a $217.00 target price for the company. Evercore boosted their price target on shares of Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Finally, Jefferies Financial Group raised shares of Vistra from a “hold” rating to a “buy” rating and upped their price target for the stock from $191.00 to $203.00 in a research note on Tuesday, February 10th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $236.73.

Vistra Price Performance

Shares of Vistra stock opened at $171.46 on Wednesday. Vistra Corp. has a 52 week low of $90.51 and a 52 week high of $219.82. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74. The stock has a market cap of $58.10 billion, a PE ratio of 61.90, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40. The company’s 50-day moving average price is $162.72 and its two-hundred day moving average price is $181.12.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 20th will be issued a $0.228 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is presently 32.85%.

Insider Buying and Selling

In related news, CEO James A. Burke sold 22,251 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $162.05, for a total transaction of $3,605,774.55. Following the completion of the sale, the chief executive officer directly owned 297,998 shares in the company, valued at approximately $48,290,575.90. This trade represents a 6.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.42% of the stock is currently owned by corporate insiders.

Vistra Company Profile

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.