Eisler Capital Management Ltd. Buys New Position in Vistra Corp. (NYSE:VST)

Eisler Capital Management Ltd. acquired a new position in shares of Vistra Corp. (NYSE:VST) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 15,203 shares of the company’s stock, valued at approximately $2,276,000.

Several other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC grew its position in Vistra by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company’s stock valued at $1,174,326,000 after acquiring an additional 219,055 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Vistra by 63.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company’s stock valued at $863,116,000 after purchasing an additional 2,433,732 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Vistra by 10.9% during the 4th quarter. Northern Trust Corp now owns 3,026,484 shares of the company’s stock valued at $417,261,000 after purchasing an additional 296,714 shares during the last quarter. Norges Bank purchased a new position in Vistra in the 4th quarter worth $409,087,000. Finally, Castle Hook Partners LP lifted its stake in Vistra by 13.6% in the fourth quarter. Castle Hook Partners LP now owns 2,964,222 shares of the company’s stock worth $408,677,000 after purchasing an additional 353,949 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on VST shares. The Goldman Sachs Group assumed coverage on Vistra in a report on Friday, April 4th. They issued a “neutral” rating and a $134.00 price objective on the stock. JPMorgan Chase & Co. lowered their price objective on Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a research report on Friday, March 28th. Daiwa America raised shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. UBS Group boosted their price target on shares of Vistra from $154.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Daiwa Capital Markets assumed coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a “neutral” rating and a $120.00 price target for the company. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Vistra currently has an average rating of “Moderate Buy” and an average target price of $166.67.

Vistra Trading Up 1.0 %

NYSE:VST opened at $140.87 on Friday. The business has a fifty day moving average price of $121.50 and a 200-day moving average price of $141.12. Vistra Corp. has a one year low of $66.50 and a one year high of $199.84. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.11 and a quick ratio of 0.99. The firm has a market capitalization of $47.92 billion, a price-to-earnings ratio of 26.28, a price-to-earnings-growth ratio of 1.12 and a beta of 1.16.

Vistra Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.90 annualized dividend and a yield of 0.64%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is currently 12.77%.

Insider Activity

In related news, Director John William Pitesa acquired 1,500 shares of Vistra stock in a transaction dated Wednesday, March 12th. The shares were 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. This represents a 76.26 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the business’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 completion of the sale, the director now owns 51,063 shares in the company, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.42% of the company’s stock.

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.