Fuller & Thaler Asset Management Inc. Buys 3,635 Shares of Vistra Corp. (NYSE:VST)

Fuller & Thaler Asset Management Inc. increased its stake in shares of Vistra Corp. (NYSE:VST) by 170.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,765 shares of the company’s stock after acquiring an additional 3,635 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in Vistra were worth $795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of VST. Norges Bank purchased a new stake in Vistra in the 4th quarter worth approximately $409,087,000. Massachusetts Financial Services Co. MA raised its holdings in shares of Vistra by 63.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company’s stock valued at $863,116,000 after acquiring an additional 2,433,732 shares in the last quarter. Capital International Investors purchased a new stake in Vistra in the fourth quarter worth $286,414,000. Raymond James Financial Inc. bought a new stake in Vistra in the fourth quarter valued at $237,441,000. Finally, Appaloosa LP boosted its holdings 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 acquiring an additional 1,429,612 shares in the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Paul M. Barbas sold 24,136 shares of Vistra stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the sale, the director now directly owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John William Pitesa bought 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the acquisition, the director now directly owns 3,467 shares of the company’s stock, valued at $439,442.25. The trade was a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is owned by corporate insiders.

Vistra Price Performance

Shares of VST opened at $126.70 on Friday. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $199.84. The company has a market capitalization of $43.10 billion, a P/E ratio of 23.64, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The firm has a 50 day moving average of $122.87 and a 200 day moving average of $140.63. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a dividend of $0.2235 per share. The ex-dividend date was Thursday, March 20th. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.71%. Vistra’s dividend payout ratio (DPR) is 12.62%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Daiwa Capital Markets began coverage on shares of Vistra in a research note on Wednesday, March 5th. They set a “neutral” rating and a $120.00 target price on the stock. BMO Capital Markets lifted their price objective on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, January 22nd. Evercore ISI started coverage on Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price for the company. JPMorgan Chase & Co. dropped their price target on Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a research report on Friday, March 28th. Finally, Daiwa America raised Vistra to a “hold” rating in a research note on Wednesday, March 5th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $166.17.

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.