Vistra Corp. (NYSE:VST) Given Consensus Rating of "Moderate Buy" by Brokerages

Vistra Corp. (NYSE:VST - Get Free Report) has received a consensus rating of "Moderate Buy" from the thirteen research firms that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $166.17.

A number of equities research analysts have issued reports on the stock. Daiwa America upgraded shares of Vistra to a "hold" rating in a report on Wednesday, March 5th. BMO Capital Markets raised their target price on Vistra from $151.00 to $191.00 and gave the company an "outperform" rating in a report on Wednesday, January 22nd. Bank of America upgraded Vistra from a "neutral" rating to a "buy" rating and cut their price target for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. The Goldman Sachs Group initiated coverage on shares of Vistra in a research note on Friday, April 4th. They issued a "neutral" rating and a $134.00 price objective on the stock. Finally, UBS Group cut their target price on shares of Vistra from $174.00 to $154.00 and set a "buy" rating for the company in a research note on Friday, April 11th.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Morse Asset Management Inc bought a new stake in shares of Vistra during the third quarter worth $631,000. Virtu Financial LLC bought a new position in shares of Vistra in the 3rd quarter valued at about $1,466,000. Fulcrum Equity Management grew its position in shares of Vistra by 2.8% during the 3rd quarter. Fulcrum Equity Management now owns 13,549 shares of the company's stock worth $1,606,000 after buying an additional 364 shares during the period. Pine Valley Investments Ltd Liability Co bought a new stake in shares of Vistra during the third quarter worth approximately $208,000. Finally, World Investment Advisors LLC acquired a new position in Vistra in the third quarter valued at approximately $351,000. Institutional investors and hedge funds own 90.88% of the company's stock.

Vistra Trading Up 2.0 %

NYSE:VST opened at $126.70 on Monday. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The company's 50 day moving average is $122.87 and its 200-day moving average is $140.86. The firm has a market cap of $43.10 billion, a price-to-earnings ratio of 23.64, a P/E/G ratio of 1.12 and a beta of 1.21. Vistra has a 12 month low of $66.50 and a 12 month high of $199.84.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were paid a $0.2235 dividend. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Thursday, March 20th. This represents a $0.89 annualized dividend and a yield of 0.71%. Vistra's payout ratio 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.

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