UBS Group Cuts Vistra (NYSE:VST) Price Target to $154.00

Vistra (NYSE:VST - Get Free Report) had its price target cut by equities research analysts at UBS Group from $174.00 to $154.00 in a report released on Friday,Benzinga reports. The firm presently has a "buy" rating on the stock. UBS Group's price target indicates a potential upside of 37.84% from the company's previous close.

A number of other equities research analysts have also recently commented on VST. Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price on the stock. JPMorgan Chase & Co. dropped their price objective on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. Daiwa Capital Markets initiated coverage on shares of Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 target price for the company. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and reduced their target price for the stock from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, The Goldman Sachs Group assumed coverage on Vistra in a report on Friday, April 4th. They issued a "neutral" rating and a $134.00 price objective on the stock. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, Vistra currently has a consensus rating of "Moderate Buy" and a consensus target price of $159.69.

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Vistra Price Performance

NYSE VST traded up $2.46 during trading hours on Friday, reaching $111.72. The company's stock had a trading volume of 5,250,949 shares, compared to its average volume of 7,905,322. Vistra has a fifty-two week low of $64.26 and a fifty-two week high of $199.84. The stock has a market cap of $38.00 billion, a PE ratio of 20.84, a PEG ratio of 1.12 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The company's 50-day moving average is $133.17 and its two-hundred day moving average is $141.54.

Insider Activity

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $124.19, for a total value of $2,997,449.84. Following the sale, the director now owns 51,063 shares of the company's stock, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John William Pitesa purchased 1,500 shares of the business's stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average price of $126.75 per share, with a total value of $190,125.00. Following the completion of the acquisition, the director now owns 3,467 shares of the company's stock, valued at approximately $439,442.25. The trade was a 76.26 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.42% of the company's stock.

Hedge Funds Weigh In On Vistra

Several large investors have recently bought and sold shares of the stock. Lionsbridge Wealth Management LLC acquired a new position in shares of Vistra during the fourth quarter valued at about $277,000. Dakota Wealth Management bought a new stake in shares of Vistra in the 4th quarter worth approximately $231,000. Retirement Systems of Alabama increased its position in shares of Vistra by 9.6% during the third quarter. Retirement Systems of Alabama now owns 78,965 shares of the company's stock valued at $9,361,000 after purchasing an additional 6,920 shares during the period. Legal Advantage Investments Inc. acquired a new position in shares of Vistra in the fourth quarter valued at $565,000. Finally, Viking Fund Management LLC raised its stake in shares of Vistra by 90.0% in the 4th quarter. Viking Fund Management LLC now owns 19,000 shares of the company's stock valued at $2,620,000 after buying an additional 9,000 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

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.