Vistra (NYSE:VST) PT Raised to $110.00 at UBS Group

Vistra (NYSE:VST) had its target price hoisted by research analysts at UBS Group from $85.00 to $110.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target would indicate a potential upside of 18.61% from the company’s previous close.

A number of other brokerages have also commented on VST. Janney Montgomery Scott assumed coverage on Vistra in a report on Thursday, April 18th. They set a “buy” rating and a $82.00 price target for the company. Morgan Stanley reissued an “overweight” rating and issued a $78.00 price target on shares of Vistra in a report on Monday, March 25th. Evercore ISI boosted their price objective on shares of Vistra from $72.00 to $79.00 and gave the stock an “outperform” rating in a report on Thursday, April 4th. Finally, BMO Capital Markets lifted their target price on Vistra from $52.00 to $60.00 and gave the stock an “outperform” rating in a research report on Monday, March 4th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $74.33.

Vistra Stock Performance

Shares of Vistra stock traded up $3.54 on Thursday, reaching $92.74. The stock had a trading volume of 6,923,238 shares, compared to its average volume of 6,164,903. Vistra has a fifty-two week low of $23.53 and a fifty-two week high of $93.24. The business’s 50-day moving average price is $68.83 and its two-hundred day moving average price is $49.27. The company has a debt-to-equity ratio of 4.26, a quick ratio of 1.11 and a current ratio of 1.18. The stock has a market cap of $32.26 billion, a P/E ratio of 25.91 and a beta of 1.02.

Vistra (NYSE:VST) last released its quarterly earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($1.02). The firm had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $5.48 billion. Vistra had a net margin of 10.10% and a return on equity of 20.05%. On average, sell-side analysts forecast that Vistra will post 3.61 EPS for the current year.

Insider Transactions at Vistra

In other Vistra news, EVP Stephanie Zapata Moore sold 98,020 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total value of $5,734,170.00. Following the sale, the executive vice president now directly owns 161,888 shares in the company, valued at $9,470,448. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Stephanie Zapata Moore sold 98,020 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the completion of the sale, the executive vice president now directly owns 161,888 shares of the company’s stock, valued at approximately $9,470,448. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Scott A. Hudson sold 86,517 shares of Vistra stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $59.11, for a total value of $5,114,019.87. Following the completion of the transaction, the executive vice president now owns 254,932 shares of the company’s stock, valued at approximately $15,069,030.52. The disclosure for this sale can be found here. In the last ninety days, insiders sold 257,285 shares of company stock valued at $15,404,397. Corporate insiders own 1.42% of the company’s stock.

Institutional Investors Weigh In On Vistra

Hedge funds have recently added to or reduced their stakes in the stock. Comerica Bank lifted its position in shares of Vistra by 90.4% during the third quarter. Comerica Bank now owns 327,520 shares of the company’s stock worth $10,867,000 after purchasing an additional 155,533 shares in the last quarter. Ellsworth Advisors LLC acquired a new position in Vistra during the 4th quarter worth $773,000. Burns Matteson Capital Management LLC bought a new position in Vistra in the 4th quarter valued at $831,000. Chicago Capital LLC acquired a new stake in shares of Vistra in the 4th quarter valued at $2,716,000. Finally, Harvest Fund Management Co. Ltd raised its position in shares of Vistra by 323.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 4,554 shares of the company’s stock worth $151,000 after acquiring an additional 3,479 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

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.