Blair William & Co. IL boosted its stake in Vistra Corp. (NYSE:VST – Free Report) by 403.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,594 shares of the company’s stock after acquiring an additional 39,735 shares during the period. Blair William & Co. IL’s holdings in Vistra were worth $6,838,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of Vistra in the 4th quarter valued at about $237,441,000. Appaloosa LP lifted its stake in Vistra by 112.5% in the fourth quarter. Appaloosa LP now owns 2,700,000 shares of the company’s stock valued at $372,249,000 after buying an additional 1,429,612 shares during the last quarter. State Street Corp boosted its holdings in shares of Vistra by 6.8% in the third quarter. State Street Corp now owns 16,355,255 shares of the company’s stock valued at $1,938,752,000 after acquiring an additional 1,037,402 shares during the period. Janus Henderson Group PLC grew its position in shares of Vistra by 36.0% during the third quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company’s stock worth $448,320,000 after acquiring an additional 1,000,307 shares during the last quarter. Finally, Two Sigma Advisers LP acquired a new position in shares of Vistra in the 3rd quarter valued at $70,753,000. Institutional investors and hedge funds own 90.88% of the company’s stock.
Vistra Stock Performance
NYSE:VST opened at $119.05 on Friday. The firm’s fifty day simple moving average is $147.39 and its 200-day simple moving average is $140.40. 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 stock has a market cap of $40.49 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. Vistra Corp. has a fifty-two week low of $64.26 and a fifty-two week high of $199.84.
Vistra Increases Dividend
Analyst Upgrades and Downgrades
VST has been the topic of several research reports. Daiwa America raised shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Evercore ISI initiated coverage on Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target on the stock. Daiwa Capital Markets assumed coverage on Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price objective for the company. JPMorgan Chase & Co. lowered their target price on Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a research note on Friday. Finally, UBS Group upped their price target on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Two investment 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 has an average rating of “Moderate Buy” and a consensus price target of $163.50.
Check Out Our Latest Report on VST
Insider Activity
In related news, Director Paul M. Barbas sold 24,136 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the transaction, the director now directly owns 51,063 shares of the company’s stock, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John William Pitesa bought 1,500 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were purchased at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the transaction, the director now owns 3,467 shares of the company’s stock, valued at $439,442.25. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 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.
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