Vistra (NYSE:VST) Price Target Increased to $110.00 by Analysts at UBS Group

Vistra (NYSE:VST - Get Free Report) had its price target raised by UBS Group from $85.00 to $110.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. UBS Group's price objective suggests a potential upside of 18.05% from the company's previous close.

Several other brokerages have also recently weighed in on VST. BMO Capital Markets upped their price target on shares of Vistra from $52.00 to $60.00 and gave the stock an "outperform" rating in a research report on Monday, March 4th. Janney Montgomery Scott began coverage on Vistra in a research report on Thursday, April 18th. They set a "buy" rating and a $82.00 target price on the stock. Evercore ISI lifted their price target on Vistra from $72.00 to $79.00 and gave the company an "outperform" rating in a report on Thursday, April 4th. Finally, Morgan Stanley restated an "overweight" rating and set a $78.00 price objective on shares of Vistra in a research note on Monday, March 25th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, Vistra has an average rating of "Buy" and an average price target of $74.33.

Vistra Trading Up 4.5 %

NYSE:VST traded up $3.98 during midday trading on Thursday, hitting $93.18. The stock had a trading volume of 11,057,505 shares, compared to its average volume of 6,215,263. The company has a quick ratio of 1.11, a current ratio of 1.18 and a debt-to-equity ratio of 4.26. The stock has a 50-day moving average of $69.60 and a 200 day moving average of $49.58. The company has a market capitalization of $32.42 billion, a price-to-earnings ratio of 26.03 and a beta of 1.02. Vistra has a one year low of $23.53 and a one year high of $94.18.

Vistra (NYSE:VST - Get Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by ($1.02). The firm had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $5.48 billion. Vistra had a return on equity of 20.05% and a net margin of 10.10%. As a group, sell-side analysts forecast that Vistra will post 3.61 EPS for the current year.

Insiders Place Their Bets

In other Vistra news, EVP Carrie Lee Kirby sold 72,748 shares of the company's stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $62.63, for a total transaction of $4,556,207.24. Following the transaction, the executive vice president now owns 184,201 shares in the company, valued at approximately $11,536,508.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Scott A. Hudson sold 86,517 shares of Vistra stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $59.11, for a total transaction of $5,114,019.87. Following the completion of the sale, the executive vice president now owns 254,932 shares of the company's stock, valued at $15,069,030.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Carrie Lee Kirby sold 72,748 shares of the company's stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $62.63, for a total value of $4,556,207.24. Following the completion of the sale, the executive vice president now owns 184,201 shares in the company, valued at approximately $11,536,508.63. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 257,285 shares of company stock valued at $15,404,397. 1.42% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Vistra

Institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. lifted its holdings in Vistra by 19,070.8% during the fourth quarter. Pacer Advisors Inc. now owns 5,566,621 shares of the company's stock valued at $214,426,000 after purchasing an additional 5,537,584 shares in the last quarter. TD Asset Management Inc raised its stake in Vistra by 9,668.5% in the 1st quarter. TD Asset Management Inc now owns 2,940,113 shares of the company's stock valued at $204,779,000 after purchasing an additional 2,910,015 shares during the last quarter. Norges Bank acquired a new stake in Vistra during the 4th quarter worth $77,523,000. Electron Capital Partners LLC grew its holdings in shares of Vistra by 468.2% during the fourth quarter. Electron Capital Partners LLC now owns 2,128,930 shares of the company's stock worth $82,006,000 after buying an additional 1,754,223 shares in the last quarter. Finally, Jupiter Asset Management Ltd. acquired a new stake in shares of Vistra in the third quarter valued at about $57,218,000. Hedge funds and other institutional investors own 90.88% of the company's stock.

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.