Vistra (NYSE:VST) Research Coverage Started at The Goldman Sachs Group

The Goldman Sachs Group initiated coverage on shares of Vistra (NYSE:VST) in a research note released on Friday morning, MarketBeat.com reports. The firm issued a neutral rating and a $134.00 price objective on the stock.

A number of other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. dropped their price objective on Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a research note on Friday, March 28th. Daiwa America raised Vistra to a “hold” rating in a research report on Wednesday, March 5th. Daiwa Capital Markets started coverage on shares of Vistra in a research report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price target on the stock. Evercore ISI assumed coverage on shares of Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective for the company. Finally, BMO Capital Markets upped their target price on shares of Vistra from $151.00 to $191.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $161.23.

Vistra Stock Down 9.7 %

Vistra stock opened at $97.76 on Friday. The company has a market capitalization of $33.25 billion, a PE ratio of 18.24, a price-to-earnings-growth ratio of 1.12 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.99 and a current ratio of 1.11. Vistra has a fifty-two week low of $64.26 and a fifty-two week high of $199.84. The firm has a 50 day moving average price of $140.32 and a 200 day moving average price of $141.78.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 20th were paid a dividend of $0.2235 per share. The ex-dividend date was Thursday, March 20th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.91%. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is presently 12.62%.

Insider Buying and Selling at Vistra

In related news, Director John William Pitesa bought 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average cost of $126.75 per share, with a total value of $190,125.00. Following the transaction, the director now directly owns 3,467 shares of the company’s stock, valued at approximately $439,442.25. This represents a 76.26 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Paul M. Barbas sold 24,136 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total transaction of $2,997,449.84. Following the completion of the sale, the director now directly owns 51,063 shares of the company’s stock, valued at approximately $6,341,513.97. This trade represents a 32.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.42% of the stock is owned by insiders.

Institutional Trading of Vistra

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Avior Wealth Management LLC boosted its position in shares of Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock valued at $25,000 after purchasing an additional 65 shares during the period. Pathway Financial Advisers LLC boosted its holdings in shares of Vistra by 616.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 154 shares during the period. Founders Capital Management acquired a new stake in shares of Vistra in the fourth quarter valued at approximately $28,000. West Branch Capital LLC purchased a new position in shares of Vistra during the fourth quarter worth approximately $28,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vistra in the 4th quarter valued at $28,000. 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.