Citizens Financial Group Inc. RI Acquires 4,888 Shares of Vistra Corp. (NYSE:VST)

Citizens Financial Group Inc. RI lifted its holdings in Vistra Corp. (NYSE:VST) by 50.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,528 shares of the company’s stock after purchasing an additional 4,888 shares during the period. Citizens Financial Group Inc. RI’s holdings in Vistra were worth $2,003,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Pathway Financial Advisers LLC lifted its position in shares of Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 154 shares during the last quarter. Avior Wealth Management LLC raised its stake in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after acquiring an additional 65 shares in the last quarter. Founders Capital Management acquired a new stake in Vistra in the 4th quarter worth approximately $28,000. West Branch Capital LLC bought a new stake in Vistra during the fourth quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in Vistra during the fourth quarter valued at approximately $28,000. 90.88% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on VST. UBS Group boosted their price objective on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. BMO Capital Markets boosted their target price on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 22nd. Evercore ISI assumed coverage on Vistra in a research report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price target on the stock. Daiwa America upgraded Vistra to a “hold” rating in a research note on Wednesday, March 5th. Finally, Morgan Stanley increased their target price on Vistra from $135.00 to $169.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $162.83.

Vistra Price Performance

Shares of VST stock opened at $114.40 on Wednesday. Vistra Corp. has a 12 month low of $58.00 and a 12 month high of $199.84. The company has a market capitalization of $38.78 billion, a P/E ratio of 21.34, a P/E/G ratio of 1.12 and a beta of 1.21. The stock has a 50 day moving average of $156.91 and a two-hundred day moving average of $136.63. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be given a $0.2235 dividend. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Thursday, March 20th. Vistra’s dividend payout ratio (DPR) is 12.62%.

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.