Vistra Corp. (NYSE:VST) Receives $162.83 Average Price Target from Brokerages

Shares of Vistra Corp. (NYSE:VST - Get Free Report) have been given an average rating of "Moderate Buy" by the thirteen analysts that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $162.83.

Several analysts recently weighed in on VST shares. Evercore ISI started coverage on Vistra in a research note on Tuesday, January 21st. They set an "outperform" rating and a $202.00 target price for the company. Daiwa America upgraded Vistra to a "hold" rating in a research report on Wednesday. BMO Capital Markets raised their price objective on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 22nd. Daiwa Capital Markets assumed coverage on Vistra in a research report on Wednesday. They issued a "neutral" rating and a $120.00 price objective for the company. Finally, Morgan Stanley raised their price objective on Vistra from $135.00 to $169.00 and gave the stock an "overweight" rating in a research report on Friday, November 22nd.

Insider Activity at Vistra

In other news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the sale, the director now directly owns 343,350 shares of the company's stock, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.42% of the company's stock.

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Institutional Investors Weigh In On Vistra

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Peregrine Asset Advisers Inc. increased its stake in shares of Vistra by 3.2% in the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company's stock valued at $285,000 after buying an additional 64 shares during the period. Avior Wealth Management LLC increased its stake in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after buying an additional 65 shares during the period. Galvin Gaustad & Stein LLC increased its stake in shares of Vistra by 3.6% in the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company's stock valued at $286,000 after buying an additional 73 shares during the period. OneDigital Investment Advisors LLC increased its stake in shares of Vistra by 3.0% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company's stock valued at $333,000 after buying an additional 81 shares during the period. Finally, Paloma Partners Management Co boosted its position in shares of Vistra by 1.0% in the 4th quarter. Paloma Partners Management Co now owns 8,000 shares of the company's stock worth $1,103,000 after purchasing an additional 81 shares during the last quarter. 90.88% of the stock is owned by institutional investors and hedge funds.

Vistra Stock Performance

NYSE:VST traded down $0.45 during mid-day trading on Friday, hitting $113.96. 9,790,691 shares of the company's stock traded hands, compared to its average volume of 9,662,566. The firm has a 50 day moving average of $158.02 and a two-hundred day moving average of $135.87. Vistra has a 12 month low of $57.50 and a 12 month high of $199.84. The firm has a market capitalization of $38.63 billion, a price-to-earnings ratio of 21.26, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68.

Vistra Increases Dividend

The firm 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 dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a yield of 0.78%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date is Thursday, March 20th. Vistra's dividend payout ratio (DPR) is currently 12.62%.

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.