Analysts Set Vistra Corp. (NYSE:VST) PT at $176.92

Shares of Vistra Corp. (NYSE:VST - Get Free Report) have been given an average recommendation of "Moderate Buy" by the fourteen analysts that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $176.92.

VST has been the topic of a number of research reports. Raymond James Financial initiated coverage on shares of Vistra in a research note on Friday, June 13th. They set a "strong-buy" rating and a $216.00 target price on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating on the stock in a research note on Friday, March 28th. UBS Group boosted their target price on shares of Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a report on Tuesday, June 17th. Evercore ISI set a $192.00 target price on shares of Vistra and gave the company an "outperform" rating in a report on Thursday, May 15th. Finally, The Goldman Sachs Group upped their price objective on shares of Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a report on Friday, May 23rd.

Insider Buying and Selling at Vistra

In other Vistra news, EVP Carrie Lee Kirby sold 108,000 shares of the stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $156.98, for a total value of $16,953,840.00. Following the sale, the executive vice president directly owned 218,239 shares in the company, valued at $34,259,158.22. This represents a 33.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Stephanie Zapata Moore sold 35,000 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $161.44, for a total transaction of $5,650,400.00. Following the completion of the sale, the executive vice president directly owned 88,073 shares of the company's stock, valued at $14,218,505.12. This represents a 28.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 294,000 shares of company stock worth $47,461,490. Company insiders own 1.42% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Amalgamated Bank boosted its stake in Vistra by 1.9% during the 1st quarter. Amalgamated Bank now owns 73,908 shares of the company's stock valued at $8,680,000 after purchasing an additional 1,387 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in Vistra during the 1st quarter valued at $341,000. Dynamic Advisor Solutions LLC purchased a new stake in Vistra during the 1st quarter valued at $432,000. Wealthcare Advisory Partners LLC boosted its stake in Vistra by 12.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 1,955 shares of the company's stock valued at $230,000 after purchasing an additional 224 shares during the last quarter. Finally, Golden State Wealth Management LLC boosted its stake in Vistra by 2,540.0% during the 1st quarter. Golden State Wealth Management LLC now owns 396 shares of the company's stock valued at $47,000 after purchasing an additional 381 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock.

Vistra Stock Performance

VST stock traded down $1.95 during mid-day trading on Friday, hitting $192.86. 2,901,218 shares of the company were exchanged, compared to its average volume of 7,145,932. The business has a 50 day simple moving average of $170.58 and a 200-day simple moving average of $151.03. The company has a current ratio of 0.86, a quick ratio of 0.77 and a debt-to-equity ratio of 6.53. The stock has a market capitalization of $65.44 billion, a PE ratio of 30.31, a price-to-earnings-growth ratio of 2.31 and a beta of 1.26. Vistra has a 1-year low of $66.50 and a 1-year high of $200.25.

Vistra Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th were given a dividend of $0.225 per share. This is an increase from Vistra's previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date of this dividend was Wednesday, June 18th. Vistra's dividend payout ratio is currently 14.15%.

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.