Vistra Corp. (NYSE:VST - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $200.25 and last traded at $198.28, with a volume of 2983345 shares trading hands. The stock had previously closed at $190.18.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on VST shares. UBS Group raised their price target on Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a report on Tuesday, June 17th. Raymond James Financial started coverage on Vistra in a report on Friday, June 13th. They set a "strong-buy" rating and a $216.00 price target on the stock. Morgan Stanley raised their price target on Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a report on Wednesday, June 18th. Evercore ISI set a $192.00 target price on Vistra and gave the company an "outperform" rating in a research note on Thursday, May 15th. Finally, The Goldman Sachs Group raised their target price on Vistra from $134.00 to $164.00 and gave the company a "neutral" rating in a research note on Friday, May 23rd. Three equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $176.92.
Check Out Our Latest Research Report on VST
Vistra Price Performance
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 firm has a market cap of $66.39 billion, a price-to-earnings ratio of 30.76, a price-to-earnings-growth ratio of 2.24 and a beta of 1.26. The stock has a 50-day moving average of $168.27 and a two-hundred day moving average of $150.19.
Vistra Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Wednesday, June 18th were given a $0.225 dividend. This is a positive change from Vistra's previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.46%. Vistra's dividend payout ratio (DPR) is 14.15%.
Insiders Place Their Bets
In related news, EVP Scott A. Hudson sold 56,000 shares of the stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $157.00, for a total value of $8,792,000.00. Following the completion of the transaction, the executive vice president owned 306,600 shares in the company, valued at $48,136,200. This trade represents a 15.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Stephanie Zapata Moore sold 35,000 shares of the stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $161.44, for a total value of $5,650,400.00. Following the completion of the transaction, the executive vice president owned 88,073 shares of the company's stock, valued at $14,218,505.12. This trade represents a 28.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 294,000 shares of company stock worth $47,461,490 over the last three months. Company insiders own 1.42% of the company's stock.
Hedge Funds Weigh In On Vistra
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Banque Transatlantique SA boosted its position in Vistra by 132.0% during the 1st 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. lifted its holdings in Vistra by 275.4% in the 1st quarter. HM Payson & Co. now owns 229 shares of the company's stock worth $27,000 after purchasing an additional 168 shares during the last quarter. Tucker Asset Management LLC acquired a new stake in Vistra in the 4th quarter worth approximately $28,000. Ameriflex Group Inc. acquired a new stake in Vistra in the 4th quarter worth approximately $32,000. Finally, Keener Financial Planning LLC acquired a new stake in Vistra in the 1st quarter valued at approximately $34,000. Institutional investors and hedge funds own 90.88% of the company's stock.
Vistra Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Vistra, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vistra wasn't on the list.
While Vistra currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.