Wellington Management Group LLP Has $315.80 Million Stock Position in Vistra Corp. (NYSE:VST)

Wellington Management Group LLP lessened its position in shares of Vistra Corp. (NYSE:VST) by 21.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,290,562 shares of the company’s stock after selling 622,002 shares during the quarter. Wellington Management Group LLP owned about 0.67% of Vistra worth $315,800,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Peregrine Asset Advisers Inc. boosted its stake in shares of Vistra by 3.2% in the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company’s stock valued at $285,000 after purchasing an additional 64 shares during the last quarter. Avior Wealth Management LLC boosted its stake in Vistra by 56.5% in the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after acquiring an additional 65 shares during the last quarter. Galvin Gaustad & Stein LLC boosted its stake in Vistra by 3.6% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock valued at $286,000 after acquiring an additional 73 shares during the last quarter. Csenge Advisory Group raised its position in shares of Vistra by 1.7% during the 4th quarter. Csenge Advisory Group now owns 5,096 shares of the company’s stock valued at $703,000 after acquiring an additional 83 shares during the last quarter. Finally, New Century Financial Group LLC lifted its stake in shares of Vistra by 3.5% in the 4th quarter. New Century Financial Group LLC now owns 2,760 shares of the company’s stock valued at $381,000 after purchasing an additional 94 shares during the period. Institutional investors own 90.88% of the company’s stock.

Insider Buying and Selling at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction dated 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 $6,341,513.97. The trade was a 32.10 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John William Pitesa acquired 1,500 shares of the firm’s stock in a transaction dated 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 acquisition, the director now directly owns 3,467 shares in the company, valued at $439,442.25. This represents a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.42% of the company’s stock.

Vistra Stock Performance

VST opened at $122.01 on Wednesday. The company has a market capitalization of $41.50 billion, a price-to-earnings ratio of 22.76, a P/E/G ratio of 1.12 and a beta of 1.21. The business’s 50-day moving average price is $145.05 and its two-hundred day moving average price is $141.35. Vistra Corp. has a 1 year low of $64.26 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.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were given a $0.2235 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend was Thursday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is currently 12.62%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Evercore ISI assumed coverage on Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price objective for the company. Daiwa America raised Vistra to a “hold” rating in a research note on Wednesday, March 5th. BMO Capital Markets lifted their price objective on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. UBS Group upped their target price on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Finally, Daiwa Capital Markets started coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target on the stock. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $163.50.

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.