Hartree Partners LP Purchases 28,650 Shares of Vistra Corp. (NYSE:VST)

Hartree Partners LP boosted its holdings in shares of Vistra Corp. (NYSE:VST) by 25.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 143,400 shares of the company’s stock after acquiring an additional 28,650 shares during the quarter. Vistra comprises 7.4% of Hartree Partners LP’s holdings, making the stock its 3rd largest holding. Hartree Partners LP’s holdings in Vistra were worth $19,771,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank purchased a new stake in shares of Vistra in the 4th quarter valued at $409,087,000. Raymond James Financial Inc. purchased a new position in Vistra in the fourth quarter worth approximately $237,441,000. Appaloosa LP grew its stake in shares of Vistra by 112.5% during the fourth quarter. Appaloosa LP now owns 2,700,000 shares of the company’s stock worth $372,249,000 after purchasing an additional 1,429,612 shares in the last quarter. State Street Corp boosted its position in shares of Vistra by 6.8% during the 3rd quarter. State Street Corp now owns 16,355,255 shares of the company’s stock worth $1,938,752,000 after acquiring an additional 1,037,402 shares in the last quarter. Finally, Janus Henderson Group PLC increased its stake in Vistra by 36.0% in the third quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company’s stock valued at $448,320,000 after purchasing an additional 1,000,307 shares during the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Vistra Stock Performance

Vistra stock opened at $119.05 on Friday. Vistra Corp. has a 52 week low of $64.26 and a 52 week high of $199.84. The stock has a fifty day moving average price of $147.39 and a 200 day moving average price of $140.40. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The firm has a market capitalization of $40.49 billion, a P/E ratio of 22.21, a PEG ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.2235 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a yield of 0.75%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is currently 12.62%.

Wall Street Analyst Weigh In

VST has been the topic of several research reports. Daiwa Capital Markets assumed coverage on Vistra in a report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price objective on the stock. Daiwa America upgraded shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Bank of America raised Vistra from a “neutral” rating to a “buy” rating and reduced their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. JPMorgan Chase & Co. decreased their price objective on shares of Vistra from $203.00 to $186.00 and set an “overweight” rating on the stock in a report on Friday. Finally, UBS Group upped their target price on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a report on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $163.50.

Insider Buying and Selling

In related news, Director John William Pitesa acquired 1,500 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, with a total value of $190,125.00. Following the completion of the transaction, the director now directly owns 3,467 shares of the company’s stock, valued at $439,442.25. This trade represents a 76.26 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the business’s 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 directly owns 51,063 shares in the company, valued at $6,341,513.97. This trade 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.

Vistra Company 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.