Kennedy Capital Management LLC Sells 15,028 Shares of Vistra Corp. (NYSE:VST)

Kennedy Capital Management LLC decreased its holdings in Vistra Corp. (NYSE:VSTFree Report) by 7.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 195,297 shares of the company’s stock after selling 15,028 shares during the quarter. Kennedy Capital Management LLC’s holdings in Vistra were worth $6,480,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Steadfast Capital Management LP bought a new position in shares of Vistra during the 2nd quarter worth approximately $67,462,000. Jupiter Asset Management Ltd. bought a new position in shares of Vistra during the 3rd quarter worth approximately $57,218,000. Renaissance Technologies LLC lifted its position in shares of Vistra by 2,443.7% during the 1st quarter. Renaissance Technologies LLC now owns 1,781,440 shares of the company’s stock worth $41,418,000 after buying an additional 1,711,407 shares in the last quarter. Deutsche Bank AG lifted its position in shares of Vistra by 509.3% during the 3rd quarter. Deutsche Bank AG now owns 1,734,590 shares of the company’s stock worth $57,554,000 after buying an additional 1,449,905 shares in the last quarter. Finally, PointState Capital LP bought a new position in shares of Vistra during the 1st quarter worth approximately $32,716,000. Institutional investors own 91.31% of the company’s stock.

Wall Street Analysts Forecast Growth

VST has been the topic of several recent analyst reports. BMO Capital Markets lifted their target price on shares of Vistra from $52.00 to $60.00 and gave the stock an “outperform” rating in a research report on Monday. Morgan Stanley lifted their price target on shares of Vistra from $40.00 to $41.00 and gave the stock an “overweight” rating in a report on Tuesday, November 21st.

Get Our Latest Stock Analysis on Vistra

Vistra Stock Up 1.3 %

Vistra stock opened at $61.68 on Friday. Vistra Corp. has a 1-year low of $22.67 and a 1-year high of $61.81. The firm has a market capitalization of $21.46 billion, a price-to-earnings ratio of 17.23 and a beta of 1.03. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 4.26. The firm has a 50 day simple moving average of $44.15 and a 200 day simple moving average of $37.51.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Wednesday, March 20th will be paid a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 1.39%. This is a positive change from Vistra’s previous quarterly dividend of $0.21. The ex-dividend date is Tuesday, March 19th. Vistra’s payout ratio is currently 23.74%.

Insider Activity at Vistra

In other news, EVP Stephanie Zapata Moore sold 98,020 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the completion of the transaction, the executive vice president now directly owns 161,888 shares in the company, valued at approximately $9,470,448. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.36% of the stock is owned by company insiders.

Vistra Profile

(Free Report)

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 20 states in the United States and the District of Columbia.

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Institutional Ownership by Quarter for Vistra (NYSE:VST)

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