Temasek Holdings Private Ltd Sells 14,315 Shares of Vistra Corp. (NYSE:VST)

Temasek Holdings Private Ltd decreased its position in Vistra Corp. (NYSE:VST) by 50.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 14,104 shares of the company’s stock after selling 14,315 shares during the period. Temasek Holdings Private Ltd’s holdings in Vistra were worth $1,945,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in VST. Peregrine Asset Advisers Inc. increased its holdings in shares of Vistra by 3.2% during the fourth quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company’s stock valued at $285,000 after acquiring an additional 64 shares in the last quarter. Avior Wealth Management LLC boosted 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 purchasing an additional 65 shares in the last quarter. Galvin Gaustad & Stein LLC grew its position in Vistra by 3.6% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock valued at $286,000 after purchasing an additional 73 shares during the last quarter. Paloma Partners Management Co increased its stake in Vistra by 1.0% during the 4th quarter. Paloma Partners Management Co now owns 8,000 shares of the company’s stock valued at $1,103,000 after purchasing an additional 81 shares in the last quarter. Finally, Csenge Advisory Group raised its holdings in Vistra by 1.7% in the fourth 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 last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VST has been the topic of several analyst reports. Bank of America upgraded shares of 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 note on Tuesday, March 4th. UBS Group upped their price objective on Vistra from $154.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. Daiwa America upgraded Vistra to a “hold” rating in a research note on Wednesday, March 5th. Evercore ISI started coverage on Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target for the company. Finally, Daiwa Capital Markets assumed coverage on Vistra in a report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, Vistra has a consensus rating of “Moderate Buy” and a consensus price target of $166.67.

Insiders Place Their Bets

In other Vistra news, Director John William Pitesa bought 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the transaction, the director now owns 3,467 shares of the company’s stock, valued at $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 accessible through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the company’s 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 approximately $6,341,513.97. This represents 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 Price Performance

NYSE VST opened at $156.55 on Friday. The stock has a market capitalization of $53.12 billion, a price-to-earnings ratio of 29.21, a PEG ratio of 1.12 and a beta of 1.16. Vistra Corp. has a 1-year low of $66.50 and a 1-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 business’s fifty day moving average price is $125.42 and its 200-day moving average price is $142.25.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th will be issued a $0.225 dividend. This is an increase from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a yield of 0.57%. Vistra’s dividend payout ratio is currently 14.15%.

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.