Vistra (NYSE:VST) Price Target Raised to $186.00 at Morgan Stanley

Vistra (NYSE:VST - Get Free Report) had its price target upped by research analysts at Morgan Stanley from $178.00 to $186.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an "overweight" rating on the stock. Morgan Stanley's price objective points to a potential upside of 2.62% from the stock's current price.

Several other research analysts have also recently weighed in on VST. JPMorgan Chase & Co. dropped their price target 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. Daiwa Capital Markets assumed coverage on Vistra in a research note on Wednesday, March 5th. They issued a "neutral" rating and a $120.00 price objective on the stock. Evercore ISI set a $192.00 price objective on Vistra and gave the company an "outperform" rating in a research note on Thursday, May 15th. Raymond James Financial began coverage on shares of Vistra in a report on Friday, June 13th. They set a "strong-buy" rating and a $216.00 price target on the stock. Finally, Daiwa America upgraded shares of Vistra to a "hold" rating in a research note on Wednesday, March 5th. Three equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Vistra presently has a consensus rating of "Moderate Buy" and a consensus price target of $176.92.

Vistra Stock Performance

Shares of VST traded up $3.73 during mid-day trading on Wednesday, hitting $181.26. 2,534,357 shares of the company traded hands, compared to its average volume of 7,295,382. The stock has a market cap of $61.51 billion, a price-to-earnings ratio of 28.54, a P/E/G ratio of 2.27 and a beta of 1.22. The stock has a 50-day moving average price of $145.69 and a two-hundred day moving average price of $145.60. Vistra has a 1 year low of $66.50 and a 1 year high of $199.84. The company has a debt-to-equity ratio of 6.53, a quick ratio of 0.77 and a current ratio of 0.86.

Insider Activity at Vistra

In other Vistra news, EVP Carrie Lee Kirby sold 108,000 shares of Vistra stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $156.98, for a total value of $16,953,840.00. Following the transaction, the executive vice president now owns 218,239 shares in the company, valued at $34,259,158.22. The trade was a 33.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Scott B. Helm sold 20,000 shares of the firm's stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $156.80, for a total transaction of $3,136,000.00. Following the completion of the sale, the director now owns 325,192 shares in the company, valued at $50,990,105.60. This represents a 5.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 294,000 shares of company stock worth $47,461,490 over the last three months. 1.42% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Vistra

A number of large investors have recently made changes to their positions in VST. Banque Transatlantique SA increased its stake in Vistra by 132.0% during the 1st quarter. Banque Transatlantique SA now owns 232 shares of the company's stock valued at $25,000 after purchasing an additional 132 shares in the last quarter. HM Payson & Co. lifted its position in Vistra by 275.4% during the 1st quarter. HM Payson & Co. now owns 229 shares of the company's stock worth $27,000 after acquiring an additional 168 shares during the period. Tucker Asset Management LLC acquired a new position in shares of Vistra in the fourth quarter valued at about $28,000. Cherry Tree Wealth Management LLC lifted its holdings in shares of Vistra by 2,030.0% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 213 shares of the company's stock worth $29,000 after purchasing an additional 203 shares during the period. Finally, Ameriflex Group Inc. acquired a new position in Vistra in the 4th quarter worth approximately $32,000. 90.88% of the stock is owned by institutional investors and hedge funds.

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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