Yaupon Capital Management LP Purchases Shares of 82,137 Vistra Corp. (NYSE:VST)

Yaupon Capital Management LP purchased a new stake in Vistra Corp. (NYSE:VST) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 82,137 shares of the company’s stock, valued at approximately $11,324,000.

Several other hedge funds also recently made changes to their positions in the business. Avior Wealth Management LLC increased its holdings in 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 during the period. Pathway Financial Advisers LLC lifted 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 purchasing an additional 154 shares during the period. Founders Capital Management acquired a new position in shares of Vistra in the 4th quarter worth approximately $28,000. West Branch Capital LLC acquired a new stake in shares of Vistra during the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vistra during the fourth quarter valued at about $28,000. 90.88% of the stock is owned by institutional investors.

Vistra Price Performance

NYSE VST opened at $106.63 on Tuesday. Vistra Corp. has a 52-week low of $65.32 and a 52-week high of $199.84. The firm’s 50 day moving average price is $126.60 and its 200-day moving average price is $141.03. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The company has a market cap of $36.27 billion, a PE ratio of 19.89, a P/E/G ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a $0.2235 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 0.84%. The ex-dividend date was Thursday, March 20th. Vistra’s dividend payout ratio (DPR) is presently 12.62%.

Analysts Set New Price Targets

Several research analysts recently issued reports on VST shares. UBS Group cut their target price on Vistra from $174.00 to $154.00 and set a “buy” rating on the stock in a research report on Friday, April 11th. Daiwa Capital Markets started coverage on shares of Vistra in a research note on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target for the company. The Goldman Sachs Group started coverage on Vistra in a report on Friday, April 4th. They set a “neutral” rating and a $134.00 price objective for the company. Bank of America raised 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. Finally, Daiwa America upgraded shares of Vistra to a “hold” rating in a research note on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $166.17.

Insider Buying and Selling

In other news, Director John William Pitesa purchased 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average price of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the transaction, the director now owns 3,467 shares in the company, valued at $439,442.25. This 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 the stock in a transaction that occurred on 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 transaction, the director now owns 51,063 shares in the company, valued at $6,341,513.97. This represents 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 company insiders.

Vistra 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.