Vistra (NYSE:VST) Research Coverage Started at Wells Fargo & Company

Wells Fargo & Company started coverage on shares of Vistra (NYSE:VST) in a research note released on Monday morning, MarketBeat reports. The firm issued an overweight rating and a $238.00 target price on the stock.

VST has been the subject of several other research reports. TD Cowen initiated coverage on shares of Vistra in a research note on Thursday, October 16th. They issued a “buy” rating and a $250.00 price objective for the company. The Goldman Sachs Group lifted their price target on shares of Vistra from $179.00 to $203.00 and gave the company a “neutral” rating in a research note on Wednesday, August 13th. Cowen began coverage on shares of Vistra in a report on Wednesday, October 15th. They set a “buy” rating on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Vistra in a research note on Wednesday, October 8th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $230.00 target price (down from $241.00) on shares of Vistra in a research report on Monday, September 22nd. Four analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $229.93.

Vistra Stock Performance

Shares of VST opened at $199.69 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.80 and a debt-to-equity ratio of 6.58. The firm’s fifty day simple moving average is $199.55 and its two-hundred day simple moving average is $181.10. Vistra has a 12 month low of $90.51 and a 12 month high of $219.82. The stock has a market capitalization of $67.66 billion, a P/E ratio of 31.85, a price-to-earnings-growth ratio of 2.71 and a beta of 1.33.

Vistra (NYSE:VST) last announced 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 business had revenue of $4.25 billion during the quarter, compared to analyst estimates of $5.15 billion. Vistra had a net margin of 12.90% and a return on equity of 108.41%. As a group, analysts predict that Vistra will post 7 EPS for the current year.

Insider Transactions at Vistra

In related news, CEO James A. Burke sold 43,074 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $208.75, for a total transaction of $8,991,697.50. Following the completion of the transaction, the chief executive officer owned 217,025 shares in the company, valued at approximately $45,303,968.75. This represents a 16.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last ninety days, insiders sold 714,269 shares of company stock valued at $146,232,604. 1.42% of the stock is owned by corporate insiders.

Institutional Trading of Vistra

Several hedge funds and other institutional investors have recently modified their holdings of the business. Golden State Wealth Management LLC boosted its stake in Vistra by 2,540.0% in the 1st quarter. Golden State Wealth Management LLC now owns 396 shares of the company’s stock worth $47,000 after purchasing an additional 381 shares during the period. Deseret Mutual Benefit Administrators lifted its holdings in shares of Vistra by 42.6% in the first quarter. Deseret Mutual Benefit Administrators now owns 542 shares of the company’s stock worth $64,000 after buying an additional 162 shares in the last quarter. Mather Group LLC. boosted its position in shares of Vistra by 393.4% in the first quarter. Mather Group LLC. now owns 676 shares of the company’s stock valued at $79,000 after acquiring an additional 539 shares during the period. Vontobel Holding Ltd. grew its stake in Vistra by 236.4% during the first quarter. Vontobel Holding Ltd. now owns 17,666 shares of the company’s stock valued at $2,075,000 after acquiring an additional 12,415 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Vistra by 2.0% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 40,877 shares of the company’s stock worth $4,801,000 after acquiring an additional 789 shares during the period. Institutional investors 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.