Vistra Corp. (NYSE:VST) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lessened its holdings in Vistra Corp. (NYSE:VST) by 13.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,271,465 shares of the company’s stock after selling 510,443 shares during the period. Janus Henderson Group PLC owned approximately 0.96% of Vistra worth $451,058,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Norges Bank purchased a new position in Vistra in the fourth quarter worth approximately $409,087,000. Massachusetts Financial Services Co. MA raised its holdings 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. Capital International Investors acquired a new stake in shares of Vistra in the 4th quarter valued at $286,414,000. Raymond James Financial Inc. acquired a new position in shares of Vistra during the fourth quarter worth $237,441,000. Finally, Appaloosa LP increased its holdings in Vistra by 112.5% in the fourth quarter. Appaloosa LP now owns 2,700,000 shares of the company’s stock valued at $372,249,000 after buying an additional 1,429,612 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Insider Activity

In other Vistra news, Director John William Pitesa bought 1,500 shares of Vistra stock in a transaction on Wednesday, March 12th. The stock was bought at an average price of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares in the company, valued at $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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 sale, the director now owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.42% of the company’s stock.

Vistra Trading Down 3.6 %

NYSE:VST opened at $135.80 on Friday. 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 stock’s 50 day simple moving average is $121.68 and its 200-day simple moving average is $141.30. Vistra Corp. has a 12-month low of $66.50 and a 12-month high of $199.84. The firm has a market cap of $46.19 billion, a P/E ratio of 25.34, a PEG ratio of 1.12 and a beta of 1.16.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 0.66%. The ex-dividend date of this dividend is Wednesday, June 18th. This is a boost from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is 12.77%.

Analyst Ratings Changes

VST has been the subject of several analyst reports. Evercore ISI began coverage on Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective for the company. Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and dropped their price target for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. UBS Group boosted their price objective on shares of Vistra from $154.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday. BMO Capital Markets increased their target price on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, January 22nd. Finally, Daiwa America raised shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $166.67.

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.