Intech Investment Management LLC Purchases 28,440 Shares of Vistra Corp. $VST

Intech Investment Management LLC raised its position in Vistra Corp. (NYSE:VSTFree Report) by 25.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 140,543 shares of the company’s stock after purchasing an additional 28,440 shares during the quarter. Intech Investment Management LLC’s holdings in Vistra were worth $27,535,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. US Bancorp DE raised its stake in shares of Vistra by 13.6% in the third quarter. US Bancorp DE now owns 26,905 shares of the company’s stock valued at $5,271,000 after acquiring an additional 3,227 shares during the last quarter. Catalyst Financial Partners LLC grew its position in Vistra by 2.5% during the 3rd quarter. Catalyst Financial Partners LLC now owns 2,798 shares of the company’s stock worth $548,000 after acquiring an additional 68 shares during the last quarter. Empirical Asset Management LLC acquired a new stake in Vistra during the 3rd quarter valued at $333,000. Jag Capital Management LLC raised its position in Vistra by 1,974.7% in the 3rd quarter. Jag Capital Management LLC now owns 26,141 shares of the company’s stock valued at $5,122,000 after purchasing an additional 24,881 shares during the last quarter. Finally, JFS Wealth Advisors LLC raised its position in Vistra by 263.0% in the 3rd quarter. JFS Wealth Advisors LLC now owns 1,314 shares of the company’s stock valued at $257,000 after purchasing an additional 952 shares during the last quarter. 90.88% of the stock is owned by institutional investors.

Vistra Price Performance

Shares of VST stock opened at $175.39 on Thursday. The firm’s 50 day moving average price is $163.02 and its two-hundred day moving average price is $181.08. The company has a debt-to-equity ratio of 5.74, a quick ratio of 0.88 and a current ratio of 0.99. Vistra Corp. has a 52-week low of $90.51 and a 52-week high of $219.82. The stock has a market cap of $59.43 billion, a PE ratio of 63.32, a PEG ratio of 1.04 and a beta of 1.40.

Vistra Increases Dividend

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

Wall Street Analyst Weigh In

Several analysts have recently commented on VST shares. Scotiabank increased their target price on Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. UBS Group increased 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. Jefferies Financial Group raised shares of Vistra from a “hold” rating to a “buy” rating and boosted their target price for the stock from $191.00 to $203.00 in a research note on Tuesday, February 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Vistra in a research note on Monday, December 29th. Finally, The Goldman Sachs Group upgraded shares of Vistra from a “neutral” rating to a “buy” rating and set a $205.00 price objective for the company in a research report on Friday, February 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Vistra has a consensus rating of “Buy” and a consensus price target of $236.73.

Check Out Our Latest Research Report on Vistra

More Vistra News

Here are the key news stories impacting Vistra this week:

Insider Buying and Selling

In related news, CEO James A. Burke sold 22,251 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $162.05, for a total value of $3,605,774.55. Following the completion of the sale, the chief executive officer owned 297,998 shares in the company, valued at approximately $48,290,575.90. This represents a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.42% of the company’s stock.

Vistra Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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