Vistra (NYSE:VST) Upgraded at Daiwa America

Daiwa America upgraded shares of Vistra (NYSE:VST) to a hold rating in a research report report published on Wednesday,Zacks.com reports.

A number of other brokerages have also issued reports on VST. Evercore ISI assumed coverage on Vistra in a research note on Tuesday, January 21st. They set an “outperform” rating and a $202.00 price target for the company. BMO Capital Markets raised their target price on Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Morgan Stanley boosted their price target on shares of Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a research report on Friday, November 22nd. UBS Group raised their price objective on shares of Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a research report on Friday, January 3rd. Finally, Daiwa Capital Markets started coverage on shares of Vistra in a report on Wednesday. They issued a “neutral” rating and a $120.00 target price on the stock. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, Vistra has a consensus rating of “Moderate Buy” and an average price target of $162.83.

Vistra Trading Down 0.4 %

Shares of NYSE:VST opened at $113.96 on Wednesday. The company has a 50 day moving average of $158.53 and a 200-day moving average of $135.25. 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 has a market cap of $38.77 billion, a P/E ratio of 21.26, a P/E/G ratio of 1.12 and a beta of 1.21. Vistra has a twelve month low of $57.50 and a twelve month high of $199.84.

Vistra Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.2235 per share. This is an increase from Vistra’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a yield of 0.78%. The ex-dividend date is Thursday, March 20th. Vistra’s payout ratio is 12.62%.

Insider Transactions at Vistra

In other news, Director Scott B. Helm sold 20,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $139.77, for a total value of $2,795,400.00. Following the completion of the sale, the director now directly owns 343,350 shares of the company’s stock, valued at $47,990,029.50. This represents a 5.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.42% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Peregrine Asset Advisers Inc. grew its holdings in shares of Vistra by 3.2% during the 4th quarter. Peregrine Asset Advisers Inc. now owns 2,064 shares of the company’s stock valued at $285,000 after acquiring an additional 64 shares in the last quarter. Avior Wealth Management LLC increased its position in Vistra by 56.5% in the 4th quarter. Avior Wealth Management LLC now owns 180 shares of the company’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Galvin Gaustad & Stein LLC raised its stake in shares of Vistra by 3.6% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 2,077 shares of the company’s stock worth $286,000 after purchasing an additional 73 shares in the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of Vistra by 3.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,809 shares of the company’s stock valued at $333,000 after buying an additional 81 shares during the last quarter. Finally, Paloma Partners Management Co lifted its holdings in shares of Vistra by 1.0% during the 4th quarter. Paloma Partners Management Co now owns 8,000 shares of the company’s stock valued at $1,103,000 after buying an additional 81 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

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.