UBS Group Boosts Vistra (NYSE:VST) Price Target to $207.00

Vistra (NYSE:VST) had its price target hoisted by equities research analysts at UBS Group from $160.00 to $207.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group’s price objective suggests a potential upside of 17.88% from the stock’s previous close.

Several other equities analysts have also issued reports on VST. Evercore ISI set a $192.00 price target on Vistra and gave the company an “outperform” rating in a research note on Thursday, May 15th. Raymond James initiated coverage on Vistra in a research note on Friday. They set a “strong-buy” rating and a $216.00 price objective for the company. Daiwa America upgraded shares of Vistra to a “hold” rating in a research report on Wednesday, March 5th. Bank of America upgraded shares of Vistra from a “neutral” rating to a “buy” rating and reduced their price target for the company from $164.00 to $152.00 in a research report on Tuesday, March 4th. Finally, The Goldman Sachs Group raised their price objective on shares of Vistra from $134.00 to $164.00 and gave the stock a “neutral” rating in a report on Friday, May 23rd. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Vistra has an average rating of “Moderate Buy” and an average target price of $176.31.

Vistra Stock Down 0.9%

Shares of VST stock opened at $175.61 on Tuesday. The stock’s 50 day simple moving average is $144.52 and its 200 day simple moving average is $145.37. Vistra has a twelve month low of $66.50 and a twelve month high of $199.84. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. The company has a market capitalization of $59.59 billion, a price-to-earnings ratio of 33.39, a PEG ratio of 1.12 and a beta of 1.22.

Insider Buying and Selling

In related news, Director Scott B. Helm sold 50,000 shares of the firm’s stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $172.75, for a total value of $8,637,500.00. Following the completion of the transaction, the director now directly owns 255,192 shares of the company’s stock, valued at approximately $44,084,418. This trade represents a 16.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John R. Sult sold 25,000 shares of the firm’s stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $171.67, for a total transaction of $4,291,750.00. Following the completion of the sale, the director now owns 75,946 shares of the company’s stock, valued at $13,037,649.82. This trade represents a 24.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 294,000 shares of company stock valued at $47,461,490. 1.42% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Vistra

A number of hedge funds and other institutional investors have recently modified their holdings of VST. Banque Transatlantique SA boosted its stake in Vistra by 132.0% in the first quarter. Banque Transatlantique SA now owns 232 shares of the company’s stock valued at $25,000 after buying an additional 132 shares in the last quarter. HM Payson & Co. lifted its stake in Vistra by 275.4% in the first quarter. HM Payson & Co. now owns 229 shares of the company’s stock valued at $27,000 after buying an additional 168 shares during the period. Tucker Asset Management LLC bought a new position in shares of Vistra during the 4th quarter worth approximately $28,000. Cherry Tree Wealth Management LLC boosted its position in shares of Vistra by 2,030.0% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 213 shares of the company’s stock worth $29,000 after purchasing an additional 203 shares in the last quarter. Finally, Ameriflex Group Inc. acquired a new stake in Vistra in the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds 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.