Capula Management Ltd Acquires New Holdings in Vistra Corp. (NYSE:VST)

Capula Management Ltd bought a new position in Vistra Corp. (NYSE:VST) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,198 shares of the company’s stock, valued at approximately $303,000.

Other large investors have also made changes to their positions in the company. Avior Wealth Management LLC raised its stake in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Pathway Financial Advisers LLC increased its holdings in shares of Vistra by 616.0% during the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 154 shares in the last quarter. Founders Capital Management acquired a new stake in Vistra during the 4th quarter valued at $28,000. West Branch Capital LLC bought a new position in shares of Vistra in the fourth quarter valued at about $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vistra during the fourth quarter worth approximately $28,000. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Activity

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

Vistra Stock Performance

VST opened at $102.33 on Tuesday. Vistra Corp. has a 12-month low of $64.26 and a 12-month high of $199.84. The stock has a market cap of $34.81 billion, a price-to-earnings ratio of 19.09, a PEG ratio of 1.12 and a beta of 1.21. The business has a 50 day moving average of $139.62 and a 200-day moving average of $141.85. 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 business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were paid a $0.2235 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a yield of 0.87%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio is 12.62%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. UBS Group upped their price target on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and lowered their price objective for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. BMO Capital Markets raised their target price on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Daiwa Capital Markets began coverage on Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price target on the stock. Finally, Daiwa America raised shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.23.

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.