United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Takes $317,000 Position in Vistra Corp. (NYSE:VST)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Vistra Corp. (NYSE:VST) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,300 shares of the company’s stock, valued at approximately $317,000.

Several other large investors have also bought and sold shares of VST. Great Valley Advisor Group Inc. acquired a new stake in Vistra in the 3rd quarter valued at about $276,000. Cerity Partners LLC lifted its stake in Vistra by 10.1% during the third quarter. Cerity Partners LLC now owns 52,268 shares of the company’s stock valued at $6,196,000 after purchasing an additional 4,778 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in Vistra by 12.2% during the third quarter. Kingsview Wealth Management LLC now owns 3,490 shares of the company’s stock worth $414,000 after buying an additional 379 shares in the last quarter. Penserra Capital Management LLC grew its position in Vistra by 17,610.0% in the third quarter. Penserra Capital Management LLC now owns 5,313 shares of the company’s stock worth $629,000 after buying an additional 5,283 shares during the last quarter. Finally, Centaurus Financial Inc. increased its holdings in shares of Vistra by 64.6% in the third quarter. Centaurus Financial Inc. now owns 2,067 shares of the company’s stock valued at $245,000 after buying an additional 811 shares in the last quarter. Institutional investors own 90.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on VST shares. BMO Capital Markets lifted their target price on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. UBS Group boosted their price objective on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Evercore ISI initiated coverage on shares of Vistra in a report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price for the company. Daiwa America upgraded shares of Vistra to a “hold” rating in a report on Wednesday, March 5th. 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 given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $162.83.

Vistra Stock Performance

Shares of VST stock opened at $124.11 on Thursday. Vistra Corp. has a fifty-two week low of $64.26 and a fifty-two week high of $199.84. The stock’s 50-day moving average is $149.52 and its two-hundred day moving average is $139.79. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The firm has a market cap of $42.22 billion, a P/E ratio of 23.15, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The firm also recently disclosed 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. This represents a $0.89 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Thursday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is presently 12.62%.

Insider Buying and Selling at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction dated 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John William Pitesa purchased 1,500 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The shares were bought at an average price of $126.75 per share, with a total value of $190,125.00. Following the purchase, the director now owns 3,467 shares in the company, valued at $439,442.25. This represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. Corporate 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.