Vistra Corp. (NYSE:VST) Receives $162.83 Consensus Price Target from Analysts

Vistra Corp. (NYSE:VST) has been given an average recommendation of “Moderate Buy” by the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $162.83.

A number of research analysts have recently commented on VST shares. Evercore ISI started coverage on shares of Vistra in a research report on Tuesday, January 21st. They set an “outperform” rating and a $202.00 target price on the stock. 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. UBS Group boosted their target price on shares of Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. Morgan Stanley boosted their target price on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. Finally, Daiwa America raised shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th.

Vistra Price Performance

VST opened at $117.98 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. Vistra has a 52-week low of $60.73 and a 52-week high of $199.84. The company has a 50 day moving average of $156.60 and a two-hundred day moving average of $136.53. The company has a market cap of $40.13 billion, a P/E ratio of 22.01, a P/E/G ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be issued a $0.2235 dividend. The ex-dividend date of this dividend is Thursday, March 20th. This is a boost from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.76%. Vistra’s dividend payout ratio is currently 12.62%.

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 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 completion of the sale, the director now owns 51,063 shares in the company, valued at $6,341,513.97. The trade was a 32.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.42% of the stock is owned by insiders.

Institutional Trading of Vistra

Several institutional investors have recently added to or reduced their stakes in the business. Avior Wealth Management LLC boosted its stake in Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after purchasing an additional 65 shares during the period. Pathway Financial Advisers LLC boosted its position in shares of Vistra by 616.0% during 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 period. Founders Capital Management acquired a new position in shares of Vistra during the fourth quarter worth approximately $28,000. West Branch Capital LLC bought a new position in Vistra in the 4th quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in Vistra in the 4th quarter valued at approximately $28,000. 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.