Analysts Set Vistra Corp. (NYSE:VST) Price Target at $236.73

Shares of Vistra Corp. (NYSE:VST) have received a consensus recommendation of “Buy” from the sixteen analysts that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, twelve have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $236.7333.

Several research firms have issued reports on VST. Morgan Stanley reiterated an “overweight” rating and issued a $215.00 target price on shares of Vistra in a research note on Friday. Scotiabank increased their price objective on Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. KeyCorp started coverage on Vistra in a research note on Monday, November 24th. They set an “overweight” rating and a $217.00 price objective for the company. Evercore upped their target price on Vistra from $237.00 to $243.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vistra in a research report on Monday, December 29th.

Insider Activity

In related news, CEO James A. Burke sold 22,251 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $162.05, for a total value of $3,605,774.55. Following the completion of the transaction, the chief executive officer directly owned 297,998 shares in the company, valued at approximately $48,290,575.90. The trade was a 6.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.42% of the company’s stock.

Institutional Trading of Vistra

Several hedge funds and other institutional investors have recently bought and sold shares of VST. Empowered Funds LLC lifted its holdings in shares of Vistra by 24.1% in the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock worth $2,371,000 after acquiring an additional 3,920 shares during the last quarter. Woodline Partners LP lifted its stake in Vistra by 40.7% in the first quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock worth $3,376,000 after purchasing an additional 8,312 shares during the last quarter. Focus Partners Wealth lifted its stake in Vistra by 37.3% in the first quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock worth $920,000 after purchasing an additional 2,125 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Vistra during the second quarter valued at about $269,000. Finally, DekaBank Deutsche Girozentrale grew its stake in shares of Vistra by 28.2% during the second quarter. DekaBank Deutsche Girozentrale now owns 23,785 shares of the company’s stock valued at $4,717,000 after buying an additional 5,229 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Price Performance

VST stock opened at $171.46 on Friday. The firm has a 50 day moving average of $162.72 and a 200-day moving average of $181.12. The firm has a market capitalization of $58.10 billion, a P/E ratio of 61.90, a price-to-earnings-growth ratio of 1.01 and a beta of 1.40. Vistra has a 12 month low of $90.51 and a 12 month high of $219.82. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 5.74.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be issued a $0.228 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, March 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is currently 32.85%.

Vistra Company Profile

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.