Quantbot Technologies LP Makes New Investment in Vistra Corp. (NYSE:VST)

Quantbot Technologies LP bought a new position in Vistra Corp. (NYSE:VST) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 15,327 shares of the company’s stock, valued at approximately $2,113,000.

Several other large investors have also modified their holdings of VST. Avior Wealth Management LLC boosted its holdings in shares of Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after buying an additional 65 shares during the period. Pathway Financial Advisers LLC boosted its holdings in shares of Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 154 shares during the period. Founders Capital Management bought a new stake in shares of Vistra during the 4th quarter worth $28,000. West Branch Capital LLC bought a new stake in shares of Vistra during the 4th quarter worth $28,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Vistra during the 4th quarter worth $28,000. 90.88% of the stock is owned by institutional investors.

Vistra Trading Down 0.9 %

Shares of Vistra stock opened at $130.75 on Monday. The stock has a market capitalization of $44.47 billion, a P/E ratio of 24.39, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. 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 company has a 50-day simple moving average of $151.74 and a 200 day simple moving average of $139.08. Vistra Corp. has a 12-month low of $64.26 and a 12-month high of $199.84.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be given a dividend of $0.2235 per share. The ex-dividend date is Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.68%. This is a boost from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is 12.62%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. BMO Capital Markets upped their target price on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Evercore ISI started coverage on shares of Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 target price for the company. UBS Group increased their price objective on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Finally, Daiwa Capital Markets started coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price objective for the company. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $162.83.

Insider Buying and Selling

In related news, Director John William Pitesa acquired 1,500 shares of the stock in a transaction on Wednesday, March 12th. The stock was purchased at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the transaction, the director now 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the completion of the sale, the director now owns 51,063 shares of the company’s stock, valued at $6,341,513.97. The trade was a 32.10 % decrease in their position. The disclosure for this sale can be found here. 1.42% of the stock is currently owned by corporate insiders.

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.