SPX Gestao de Recursos Ltda Raises Holdings in Vistra Corp. (NYSE:VST)

SPX Gestao de Recursos Ltda boosted its stake in shares of Vistra Corp. (NYSE:VST) by 57.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,333 shares of the company’s stock after acquiring an additional 48,000 shares during the quarter. Vistra accounts for about 2.7% of SPX Gestao de Recursos Ltda’s investment portfolio, making the stock its 12th largest holding. SPX Gestao de Recursos Ltda’s holdings in Vistra were worth $18,107,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of VST. Peregrine Asset Advisers Inc. lifted its holdings in Vistra by 3.2% in the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company’s stock worth $285,000 after buying an additional 64 shares during the period. Avior Wealth Management LLC lifted its holdings in Vistra by 56.5% in 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 holdings in Vistra by 3.6% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock worth $286,000 after buying an additional 73 shares during the period. OneDigital Investment Advisors LLC lifted its holdings in Vistra by 3.0% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company’s stock worth $333,000 after buying an additional 81 shares during the period. Finally, Csenge Advisory Group lifted its holdings in Vistra by 1.7% in the 4th 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. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. BMO Capital Markets increased their price objective on Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Daiwa America upgraded Vistra to a “hold” rating in a research note on Wednesday, March 5th. Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and lowered their target price for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Daiwa Capital Markets assumed coverage on Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 target price for the company. Finally, Evercore ISI assumed coverage on Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price for the company. Two research 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 stock presently has a consensus rating of “Moderate Buy” and an average target price of $162.83.

Vistra Stock Down 5.5 %

Vistra stock opened at $108.03 on Tuesday. The firm has a market cap of $36.62 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 1.12 and a beta of 1.21. The stock has a fifty day simple moving average of $158.02 and a two-hundred day simple moving average of $136.25. Vistra Corp. has a 12 month low of $57.50 and a 12 month high of $199.84. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The company 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. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date is Thursday, March 20th. Vistra’s dividend payout ratio (DPR) 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.