Independent Advisor Alliance Increases Its Investment in Vistra Corp.

Independent Advisor Alliance has increased its investment in Vistra Corp. (NYSE:VST - Free Report) by 14.2% during the fourth quarter, based on the latest disclosure provided to the SEC. Following this increase, the firm now holds a total of 58,470 shares of Vistra's stock, having acquired an additional 7,261 shares in that period. As per the most recent filing, these holdings are valued at approximately $8,061,000.

Institutional Investor Activity

Several other institutional investors have also made changes to their holdings in Vistra recently. For instance, State Street Corp raised its stake by 6.8% during the third quarter and now owns 16,355,255 shares, valued at around $1.94 billion after acquiring an extra 1,037,402 shares. Massachusetts Financial Services Co., MA significantly increased its position by 51% during the same quarter, bringing its total to 3,826,631 shares worth $453.6 million after purchasing an additional 1,293,974 shares. Additionally, Janus Henderson Group PLC increased its stake by 36%, now owning 3,781,908 shares worth $448.3 million after adding 1,000,307 shares. Castle Hook Partners LP and Rubric Capital Management LP also boosted their holdings by 33.5% and 60.1%, respectively, with significant new purchases. Overall, institutional investors control 90.88% of Vistra's stock.

Analyst Ratings and Predictions

Multiple research firms have shared their evaluations regarding Vistra's stock. Evercore ISI recently initiated coverage, giving Vistra an "outperform" rating with a price target of $202. Bank of America upgraded its rating from "neutral" to "buy" while lowering its price target from $164 to $152. Daiwa Capital Markets started coverage with a "neutral" rating, targeting $120 for the stock. Furthermore, BMO Capital Markets raised its target price from $151 to $191, maintaining an "outperform" classification. Overall, two investment analysts provided a "hold" rating, while eleven rated the stock as a buying opportunity, resulting in an average rating of "Moderate Buy" and an overall target price of $162.83.

Current Stock Performance

As of Tuesday, Vistra's stock opened at $108.03, reflecting a market capitalization of about $36.62 billion. It has a price-to-earnings (P/E) ratio of 20.15 and a P/E/G ratio of 1.12, with a beta of 1.21. The firm's 50-day moving average is $158.02, while the 200-day average stands at $136.25. Vistra's debt-to-equity ratio is set at 4.68, with a current ratio of 1.11 and a quick ratio of 0.99. The stock hit a 12-month low of $57.50 and a high of $199.84.

Dividend Increase

Vistra recently announced a quarterly dividend, scheduled for payment on Monday, March 31st. Shareholders on record as of Thursday, March 20th, will receive a dividend of $0.2235, which is an increase from the previously set $0.22. This adjustment brings the annualized dividend payout to $0.89, yielding approximately 0.83% based on the current pricing. Presently, Vistra's dividend payout ratio stands at 12.62%.

Company Overview

Vistra Corp. operates as an integrated retail electricity and power generation company through its various subsidiaries. It functions across six segments: Retail, Texas, East, West, Sunset, and Asset Closure. The company supplies electricity and natural gas to residential, commercial, and industrial customers throughout multiple states in the United States and the District of Columbia.

Investment, Utilities, Market