Vistra Corp. (NYSE:VST) Stock Holdings Increased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. raised its holdings in shares of Vistra Corp. (NYSE:VST) by 239.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 72,832 shares of the company’s stock after purchasing an additional 51,358 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Vistra were worth $10,040,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Peregrine Asset Advisers Inc. lifted its holdings in shares of Vistra by 3.2% during the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company’s stock valued at $285,000 after purchasing an additional 64 shares during the last quarter. Avior Wealth Management LLC raised its holdings in 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. Galvin Gaustad & Stein LLC lifted its stake in Vistra by 3.6% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock valued at $286,000 after buying an additional 73 shares in the last quarter. Csenge Advisory Group boosted its holdings in shares of Vistra by 1.7% in the fourth quarter. Csenge Advisory Group now owns 5,096 shares of the company’s stock worth $703,000 after buying an additional 83 shares during the period. Finally, New Century Financial Group LLC boosted its holdings in shares of Vistra by 3.5% in the fourth quarter. New Century Financial Group LLC now owns 2,760 shares of the company’s stock worth $381,000 after buying an additional 94 shares during the period. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Buying and Selling at Vistra

In other news, Director John William Pitesa acquired 1,500 shares of Vistra stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the purchase, the director now owns 3,467 shares of the company’s stock, valued at $439,442.25. This represents a 76.26 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Paul M. Barbas sold 24,136 shares of the company’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the sale, the director now directly owns 51,063 shares of the company’s stock, valued at approximately $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. Corporate insiders own 1.42% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on VST. Evercore ISI started coverage on shares of Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target for the company. The Goldman Sachs Group assumed coverage on Vistra in a research report on Friday, April 4th. They issued a “neutral” rating and a $134.00 target price for the company. JPMorgan Chase & Co. dropped their price target on Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a research report on Friday, March 28th. Daiwa Capital Markets initiated coverage on Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price objective for the company. Finally, Daiwa America upgraded Vistra to a “hold” rating in a report on Wednesday, March 5th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $159.69.

Vistra Stock Performance

VST stock opened at $116.19 on Thursday. The company has a market capitalization of $39.52 billion, a price-to-earnings ratio of 21.68, a P/E/G ratio of 1.12 and a beta of 1.21. The firm has a 50 day moving average of $129.91 and a two-hundred day moving average of $141.15. 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 Corp. has a 12 month low of $64.26 and a 12 month high of $199.84.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 20th were given a dividend of $0.2235 per share. This represents a $0.89 annualized dividend and a yield of 0.77%. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. Vistra’s dividend payout ratio is presently 12.62%.

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.