Vistra Corp. (NYSE:VST – Get Free Report) has been assigned an average rating of “Moderate Buy” from the sixteen ratings firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $226.9375.
Several equities research analysts have issued reports on the company. Weiss Ratings downgraded Vistra from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, August 13th. UBS Group reduced their target price on Vistra from $233.00 to $227.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Raymond James Financial set a $208.00 price target on shares of Vistra in a report on Monday, April 27th. JPMorgan Chase & Co. reduced their price objective on shares of Vistra from $240.00 to $231.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, TD Cowen reduced their price objective on shares of Vistra from $222.00 to $221.00 and set a “buy” rating on the stock in a research note on Wednesday.
View Our Latest Research Report on VST
Vistra Stock Performance
Vistra (NYSE:VST – Get Free Report) last announced its earnings results on Friday, August 7th. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.85). The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $5.46 billion. Vistra had a net margin of 11.55% and a return on equity of 108.68%. As a group, sell-side analysts expect that Vistra will post 9.23 EPS for the current fiscal year.
Vistra Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, September 21st. This is a positive change from Vistra’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a dividend yield of 0.7%. Vistra’s dividend payout ratio is 15.54%.
Insider Transactions at Vistra
In related news, Director Paul M. Barbas sold 244 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $153.00, for a total value of $37,332.00. Following the completion of the sale, the director directly owned 53,006 shares of the company’s stock, valued at $8,109,918. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott B. Helm sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $160.00, for a total value of $4,000,000.00. Following the sale, the director directly owned 232,200 shares in the company, valued at approximately $37,152,000. This represents a 9.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 41,588 shares of company stock valued at $6,739,227 over the last ninety days. 0.92% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Vistra
Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Vistra by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 41,588,784 shares of the company’s stock valued at $6,709,519,000 after purchasing an additional 390,157 shares during the last quarter. BlackRock Inc. bought a new position in shares of Vistra in the second quarter valued at approximately $4,610,496,000. State Street Corp increased its stake in shares of Vistra by 2.7% during the fourth quarter. State Street Corp now owns 16,474,869 shares of the company’s stock valued at $2,657,891,000 after acquiring an additional 432,028 shares during the period. Geode Capital Management LLC increased its stake in shares of Vistra by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 8,965,648 shares of the company’s stock valued at $1,441,112,000 after acquiring an additional 97,424 shares during the period. Finally, Norges Bank bought a new stake in Vistra during the fourth quarter worth approximately $746,729,000. 90.88% of the stock is owned by institutional investors and hedge funds.
About Vistra
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.
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