Emerald Advisers LLC Has $372,000 Stock Holdings in Vistra Corp. (NYSE:VST)

Emerald Advisers LLC increased its position in shares of Vistra Corp. (NYSE:VST) by 58.1% in the fourth quarter, HoldingsChannel reports. The firm owned 2,699 shares of the company’s stock after purchasing an additional 992 shares during the period. Emerald Advisers LLC’s holdings in Vistra were worth $372,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in shares of Vistra by 58.3% in the fourth quarter. LPL Financial LLC now owns 315,464 shares of the company’s stock valued at $43,493,000 after acquiring an additional 116,226 shares during the last quarter. Runnymede Capital Advisors Inc. acquired a new stake in Vistra during the 4th quarter valued at $131,000. Mizuho Securities USA LLC increased its holdings in Vistra by 44.7% during the 4th quarter. Mizuho Securities USA LLC now owns 32,246 shares of the company’s stock valued at $4,446,000 after purchasing an additional 9,968 shares in the last quarter. Quantbot Technologies LP bought a new position in Vistra in the 4th quarter valued at $2,113,000. Finally, Oxford Financial Group LTD. LLC acquired a new position in Vistra in the fourth quarter worth $514,000. 90.88% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Paul M. Barbas sold 24,136 shares of the business’s 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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John William Pitesa acquired 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the purchase, the director now directly owns 3,467 shares in the company, valued at $439,442.25. This trade represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target for the company. UBS Group boosted their target price on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. BMO Capital Markets increased their price target 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. Daiwa America upgraded shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Finally, Daiwa Capital Markets began coverage on Vistra in a research report on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Vistra has a consensus rating of “Moderate Buy” and a consensus target price of $162.83.

Vistra Stock Down 0.9 %

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

Vistra Increases Dividend

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

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.