UBS Group Issues Pessimistic Forecast for Vistra (NYSE:VST) Stock Price

Vistra (NYSE:VST) had its target price dropped by equities research analysts at UBS Group from $174.00 to $154.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. UBS Group’s price target points to a potential upside of 37.84% from the company’s previous close.

A number of other research firms have also issued reports on VST. JPMorgan Chase & Co. dropped their price target on Vistra from $203.00 to $186.00 and set an “overweight” rating for the company in a research report on Friday, March 28th. Evercore ISI assumed coverage on Vistra in a research note on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 target price for the company. BMO Capital Markets boosted their price target on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research report on Wednesday, January 22nd. The Goldman Sachs Group started coverage on shares of Vistra in a research note on Friday, April 4th. They set a “neutral” rating and a $134.00 target price on the stock. Finally, Bank of America raised shares of Vistra from a “neutral” rating to a “buy” rating and dropped their price target for the company from $164.00 to $152.00 in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $159.69.

Vistra Stock Performance

VST opened at $111.72 on Friday. Vistra has a twelve month low of $64.26 and a twelve month high of $199.84. The firm has a market capitalization of $38.00 billion, a PE ratio of 20.84, a PEG ratio of 1.12 and a beta of 1.21. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The firm’s 50-day moving average price is $133.17 and its 200 day moving average price is $141.35.

Insider Transactions at Vistra

In other Vistra news, Director Paul M. Barbas sold 24,136 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $124.19, for a total value of $2,997,449.84. Following the completion of the transaction, the director now owns 51,063 shares of the company’s stock, valued at $6,341,513.97. This trade represents a 32.10 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director John William Pitesa acquired 1,500 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, for a total transaction 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 trade represents a 76.26 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.42% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Pathway Financial Advisers LLC grew its position in shares of Vistra by 616.0% during the fourth quarter. Pathway Financial Advisers LLC now owns 179 shares of the company’s stock worth $25,000 after buying an additional 154 shares in the last quarter. Avior Wealth Management LLC grew its holdings in Vistra by 56.5% during the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after acquiring an additional 65 shares in the last quarter. Founders Capital Management purchased a new stake in shares of Vistra in the 4th quarter valued at approximately $28,000. West Branch Capital LLC acquired a new stake in shares of Vistra in the 4th quarter valued at $28,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Vistra during the 4th quarter worth $28,000. 90.88% of the stock is owned by institutional investors and hedge funds.

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.