Vistra (NYSE:VST) Given a $241.00 Price Target by Jefferies Financial Group Analysts

Vistra (NYSE:VST) has been given a $241.00 target price by research analysts at Jefferies Financial Group in a report released on Friday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 19.81% from the company’s current price.

Other research analysts have also issued reports about the stock. Morgan Stanley increased their price target on shares of Vistra from $178.00 to $186.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 18th. Raymond James Financial began coverage on shares of Vistra in a research note on Friday, June 13th. They issued a “strong-buy” rating and a $216.00 price target for the company. The Goldman Sachs Group increased their price objective on shares of Vistra from $134.00 to $164.00 and gave the company a “neutral” rating in a research report on Friday, May 23rd. UBS Group increased their price objective on shares of Vistra from $207.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Finally, Evercore ISI set a $192.00 price objective on shares of Vistra and gave the company an “outperform” rating in a research report on Thursday, May 15th. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $186.69.

Vistra Trading Down 0.5%

Vistra stock traded down $0.96 during mid-day trading on Friday, reaching $201.16. 1,657,927 shares of the company traded hands, compared to its average volume of 7,276,068. The company has a debt-to-equity ratio of 6.53, a current ratio of 0.86 and a quick ratio of 0.77. The firm’s 50 day moving average price is $188.82 and its 200 day moving average price is $155.90. The firm has a market capitalization of $68.26 billion, a price-to-earnings ratio of 32.14, a P/E/G ratio of 2.46 and a beta of 1.30. Vistra has a 52-week low of $72.90 and a 52-week high of $216.85.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, August 7th. The company reported $1.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.62). The company had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $5.15 billion. Vistra had a net margin of 12.90% and a return on equity of 104.02%. On average, analysts anticipate that Vistra will post 7 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Scott A. Hudson sold 56,000 shares of Vistra stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $157.00, for a total transaction of $8,792,000.00. Following the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Scott B. Helm sold 50,000 shares of the business’s stock in a transaction 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 sale, the director owned 255,192 shares in the company, valued at $44,084,418. This represents a 16.38% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 294,000 shares of company stock valued at $47,461,490. Company insiders own 1.42% of the company’s stock.

Institutional Trading of Vistra

Hedge funds have recently added to or reduced their stakes in the business. Intrust Bank NA acquired a new position in shares of Vistra during the second quarter valued at about $215,000. Rothschild Investment LLC raised its stake in Vistra by 160.1% in the 2nd quarter. Rothschild Investment LLC now owns 2,190 shares of the company’s stock valued at $424,000 after purchasing an additional 1,348 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in Vistra by 6.9% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 112,462 shares of the company’s stock valued at $21,796,000 after purchasing an additional 7,277 shares during the last quarter. Thames Capital Management LLC acquired a new stake in shares of Vistra in the 2nd quarter worth $12,536,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of Vistra by 8.4% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 142,405 shares of the company’s stock worth $27,600,000 after purchasing an additional 11,025 shares during the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

About Vistra

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.