Vistra (NYSE:VST) Coverage Initiated by Analysts at Janney Montgomery Scott

Equities research analysts at Janney Montgomery Scott began coverage on shares of Vistra (NYSE:VST) in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The firm set a “buy” rating and a $82.00 price target on the stock. Janney Montgomery Scott’s target price suggests a potential upside of 19.45% from the company’s previous close.

VST has been the topic of several other research reports. Evercore ISI boosted their target price on Vistra from $72.00 to $79.00 and gave the company an “outperform” rating in a research note on Thursday, April 4th. Morgan Stanley restated an “overweight” rating and issued a $78.00 target price on shares of Vistra in a research note on Monday, March 25th. Finally, BMO Capital Markets boosted their target price on Vistra from $52.00 to $60.00 and gave the company an “outperform” rating in a research note on Monday, March 4th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $67.20.

Vistra Price Performance

Vistra stock opened at $68.65 on Thursday. The firm has a market capitalization of $23.88 billion, a P/E ratio of 19.18 and a beta of 1.05. Vistra has a 1 year low of $22.67 and a 1 year high of $75.89. The business has a 50-day moving average of $60.15 and a 200-day moving average of $44.74. The company has a current ratio of 1.18, a quick ratio of 1.11 and a debt-to-equity ratio of 4.26.

Vistra (NYSE:VST) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($1.02). Vistra had a net margin of 10.10% and a return on equity of 20.05%. The business had revenue of $3.08 billion during the quarter, compared to analyst estimates of $5.48 billion. On average, equities analysts anticipate that Vistra will post 4.24 EPS for the current year.

Insider Transactions at Vistra

In other news, EVP Carrie Lee Kirby sold 72,748 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total transaction of $4,556,207.24. Following the sale, the executive vice president now owns 184,201 shares in the company, valued at approximately $11,536,508.63. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, EVP Stephanie Zapata Moore sold 98,020 shares of the stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $58.50, for a total transaction of $5,734,170.00. Following the sale, the executive vice president now directly owns 161,888 shares of the company’s stock, valued at approximately $9,470,448. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Carrie Lee Kirby sold 72,748 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $62.63, for a total value of $4,556,207.24. Following the sale, the executive vice president now owns 184,201 shares of the company’s stock, valued at $11,536,508.63. The disclosure for this sale can be found here. Insiders have sold a total of 257,285 shares of company stock worth $15,404,397 in the last 90 days. Corporate insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On Vistra

A number of hedge funds have recently made changes to their positions in the stock. MetLife Investment Management LLC acquired a new stake in Vistra in the first quarter valued at approximately $223,000. Rhumbline Advisers grew its stake in Vistra by 2.5% in the first quarter. Rhumbline Advisers now owns 458,182 shares of the company’s stock valued at $10,653,000 after acquiring an additional 11,136 shares during the period. BlackRock Inc. grew its stake in Vistra by 2.3% in the first quarter. BlackRock Inc. now owns 23,939,759 shares of the company’s stock valued at $556,597,000 after acquiring an additional 534,299 shares during the period. Yousif Capital Management LLC grew its stake in Vistra by 15.5% in the first quarter. Yousif Capital Management LLC now owns 26,786 shares of the company’s stock valued at $623,000 after acquiring an additional 3,595 shares during the period. Finally, Raymond James Trust N.A. lifted its holdings in shares of Vistra by 44.8% in the first quarter. Raymond James Trust N.A. now owns 39,151 shares of the company’s stock valued at $910,000 after purchasing an additional 12,108 shares in the last quarter. 90.88% of the stock is currently owned by institutional investors.

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.