UBS Group Trims Vistra (NYSE:VST) Target Price to $150.00

Vistra (NYSE:VST - Free Report) had its price target cut by UBS Group from $157.00 to $150.00 in a research report sent to investors on Tuesday morning, Benzinga reports. They currently have a buy rating on the stock.

VST has been the topic of a number of other reports. Guggenheim lifted their target price on Vistra from $133.00 to $177.00 and gave the stock a "buy" rating in a research report on Tuesday, October 8th. JPMorgan Chase & Co. initiated coverage on Vistra in a research note on Thursday, October 17th. They issued an "overweight" rating and a $178.00 target price for the company. BNP Paribas assumed coverage on shares of Vistra in a research note on Monday, October 14th. They set an "outperform" rating and a $231.00 price target on the stock. Royal Bank of Canada increased their price objective on shares of Vistra from $105.00 to $141.00 and gave the company an "outperform" rating in a research note on Thursday, October 3rd. Finally, Jefferies Financial Group lifted their target price on shares of Vistra from $99.00 to $137.00 and gave the company a "buy" rating in a research report on Tuesday, September 24th. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $145.30.

Vistra Stock Down 4.1 %

NYSE VST traded down $5.34 during trading on Tuesday, hitting $125.04. 5,754,320 shares of the company traded hands, compared to its average volume of 6,985,997. The company has a current ratio of 0.98, a quick ratio of 0.88 and a debt-to-equity ratio of 2.89. The company has a market capitalization of $42.96 billion, a P/E ratio of 92.13 and a beta of 1.10. The business has a fifty day simple moving average of $100.83 and a 200 day simple moving average of $89.58. Vistra has a 12 month low of $31.43 and a 12 month high of $143.87.

Vistra (NYSE:VST - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.69). The firm had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $4.04 billion. Vistra had a return on equity of 21.05% and a net margin of 4.61%. During the same quarter last year, the business earned $1.03 EPS. As a group, sell-side analysts predict that Vistra will post 4.7 EPS for the current year.

Vistra Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 20th were paid a dividend of $0.2195 per share. This represents a $0.88 annualized dividend and a yield of 0.70%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, September 20th. Vistra's dividend payout ratio is currently 64.71%.

Institutional Investors Weigh In On Vistra

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Simplicity Wealth LLC increased its stake in shares of Vistra by 3.0% in the second quarter. Simplicity Wealth LLC now owns 3,883 shares of the company's stock valued at $334,000 after buying an additional 112 shares in the last quarter. New Century Financial Group LLC increased its position in Vistra by 4.4% in the 3rd quarter. New Century Financial Group LLC now owns 2,666 shares of the company's stock valued at $316,000 after acquiring an additional 112 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its position in Vistra by 38.6% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 557 shares of the company's stock valued at $48,000 after acquiring an additional 155 shares in the last quarter. Apella Capital LLC raised its stake in shares of Vistra by 4.9% in the third quarter. Apella Capital LLC now owns 3,542 shares of the company's stock worth $444,000 after acquiring an additional 164 shares during the last quarter. Finally, V Square Quantitative Management LLC lifted its position in shares of Vistra by 7.2% during the third quarter. V Square Quantitative Management LLC now owns 2,461 shares of the company's stock worth $292,000 after purchasing an additional 165 shares in the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Company 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.