UBS Group Issues Positive Forecast for Vistra (NYSE:VST) Stock Price

Key Points

• UBS Group raised Vistra's price target from $207.00 to $230.00, indicating a potential upside of 18.25% from its current price.
• Vistra is currently rated as a "Moderate Buy" by analysts, with an average price target of $178.69.
• In recent insider activity, Director John R. Sult sold 25,000 shares, representing a 24.77% decrease in his ownership of the stock.
• Institutional investors hold a significant 90.88% of Vistra's stock, reflecting strong market confidence in the company.

Vistra (NYSE:VST - Free Report) had its price target hoisted by UBS Group from $207.00 to $230.00 in a report issued on Friday,Benzinga reports. They currently have a buy rating on the stock.

Other research analysts have also recently issued reports about the company. Morgan Stanley boosted their price target on Vistra from $178.00 to $186.00 and gave the stock an "overweight" rating in a report on Wednesday, June 18th. Evercore ISI set a $192.00 price target on Vistra and gave the company an "outperform" rating in a report on Thursday, May 15th. Raymond James Financial initiated coverage on Vistra in a report on Friday, June 13th. They set a "strong-buy" rating and a $216.00 price target for the company. JPMorgan Chase & Co. cut their price target on Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Finally, The Goldman Sachs Group raised their price target on Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a report on Friday, May 23rd. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Vistra presently has a consensus rating of "Moderate Buy" and a consensus target price of $178.69.

Vistra Price Performance

NYSE VST traded down $3.94 during trading hours on Friday, reaching $192.30. The company's stock had a trading volume of 5,488,114 shares, compared to its average volume of 4,904,095. The firm's 50-day moving average price is $179.50 and its 200-day moving average price is $153.84. The company has a quick ratio of 0.77, a current ratio of 0.86 and a debt-to-equity ratio of 6.53. Vistra has a 1 year low of $66.50 and a 1 year high of $207.12. The company has a market capitalization of $65.25 billion, a price-to-earnings ratio of 30.24, a PEG ratio of 2.27 and a beta of 1.26.

Vistra Increases Dividend

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

Insider Buying and Selling at Vistra

In other Vistra news, Director Scott B. Helm sold 50,000 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $172.75, for a total transaction of $8,637,500.00. Following the completion of the transaction, the director owned 255,192 shares in the company, valued at $44,084,418. The trade was a 16.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Carrie Lee Kirby sold 108,000 shares of the business's 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 transaction, the executive vice president owned 218,239 shares of the company's stock, valued at $34,259,158.22. This trade represents a 33.10% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 294,000 shares of company stock valued at $47,461,490. 1.42% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Banque Transatlantique SA increased its position in shares of Vistra by 132.0% during the first quarter. Banque Transatlantique SA now owns 232 shares of the company's stock worth $25,000 after acquiring an additional 132 shares during the period. HM Payson & Co. increased its position in shares of Vistra by 275.4% during the first 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 purchased a new position in shares of Vistra during the fourth quarter worth approximately $28,000. Ameriflex Group Inc. purchased a new position in shares of Vistra during the fourth quarter worth approximately $32,000. Finally, Keener Financial Planning LLC purchased a new position in shares of Vistra during the first quarter worth approximately $34,000. 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.