Sei Investments Co. Has $52.03 Million Stock Position in Vistra Corp. (NYSE:VST)

Sei Investments Co. lowered its position in shares of Vistra Corp. (NYSE:VST) by 11.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 377,343 shares of the company’s stock after selling 46,625 shares during the quarter. Sei Investments Co. owned 0.11% of Vistra worth $52,026,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Peregrine Asset Advisers Inc. lifted its holdings in shares of Vistra by 3.2% in 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 in the last quarter. Avior Wealth Management LLC lifted its stake 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 acquiring an additional 65 shares in the last quarter. Galvin Gaustad & Stein LLC lifted its stake 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 acquiring an additional 73 shares in the last quarter. Csenge Advisory Group boosted its position in Vistra by 1.7% during the 4th quarter. Csenge Advisory Group now owns 5,096 shares of the company’s stock worth $703,000 after acquiring an additional 83 shares during the period. Finally, New Century Financial Group LLC grew its stake in Vistra by 3.5% during the 4th quarter. New Century Financial Group LLC now owns 2,760 shares of the company’s stock valued at $381,000 after acquiring an additional 94 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Down 0.9 %

Shares of NYSE:VST opened at $130.75 on Monday. The company has a market capitalization of $44.47 billion, a PE ratio of 24.39, a P/E/G ratio of 1.12 and a beta of 1.21. 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’s fifty day moving average is $151.74 and its 200-day moving average is $139.08. Vistra Corp. has a 52 week low of $64.26 and a 52 week high of $199.84.

Vistra Increases Dividend

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

Insider Buying and Selling

In other news, Director Paul M. Barbas sold 24,136 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were 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 $6,341,513.97. This represents a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John William Pitesa acquired 1,500 shares of the firm’s stock in a transaction on Wednesday, March 12th. The stock was purchased 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 directly owns 3,467 shares in the company, valued at approximately $439,442.25. The trade was a 76.26 % increase in their position. The disclosure for this purchase can be found here. 1.42% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

VST has been the topic of several research reports. Evercore ISI assumed coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective on the stock. UBS Group increased 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. 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. Bank of America raised Vistra from a “neutral” rating to a “buy” rating and dropped their target price for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, Daiwa America raised Vistra to a “hold” rating in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.83.

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.