Vistra (NYSE:VST) PT Raised to $125.00

Vistra (NYSE:VST) had its price objective hoisted by BMO Capital Markets from $120.00 to $125.00 in a report released on Friday morning, Benzinga reports. The brokerage currently has an outperform rating on the stock.

VST has been the topic of several other reports. Morgan Stanley upped their price objective on shares of Vistra from $109.00 to $110.00 and gave the stock an overweight rating in a research report on Friday, August 23rd. Jefferies Financial Group initiated coverage on shares of Vistra in a research report on Friday, September 13th. They issued a buy rating and a $99.00 price objective on the stock. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of Buy and a consensus price target of $104.50.

Vistra Price Performance

NYSE VST opened at $111.64 on Friday. The company has a market cap of $38.79 billion, a PE ratio of 68.49 and a beta of 1.08. Vistra has a 52 week low of $31.16 and a 52 week high of $114.55. The company has a quick ratio of 0.88, a current ratio of 0.98 and a debt-to-equity ratio of 2.89. The firm’s 50-day simple moving average is $80.66 and its two-hundred day simple moving average is $81.20.

Vistra (NYSE:VST) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). Vistra had a return on equity of 21.05% and a net margin of 4.61%. The firm had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $4.04 billion. During the same period in the previous year, the company posted $1.03 earnings per share. Research analysts predict that Vistra will post 4.52 earnings per share for the current year.

Vistra Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 20th will be given a $0.2195 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Friday, September 20th. This is a positive change from Vistra’s previous quarterly dividend of $0.22. Vistra’s payout ratio is currently 53.37%.

Hedge Funds Weigh In On Vistra

A number of hedge funds have recently bought and sold shares of VST. Simplicity Wealth LLC increased its position in shares of Vistra by 3.0% during the 2nd quarter. Simplicity Wealth LLC now owns 3,883 shares of the company’s stock valued at $334,000 after purchasing an additional 112 shares during the last quarter. Lindbrook Capital LLC grew its holdings in Vistra by 16.8% during the 1st quarter. Lindbrook Capital LLC now owns 981 shares of the company’s stock valued at $68,000 after purchasing an additional 141 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its stake in Vistra by 38.6% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 557 shares of the company’s stock worth $48,000 after acquiring an additional 155 shares in the last quarter. State of Alaska Department of Revenue grew its stake in Vistra by 0.5% in the 1st quarter. State of Alaska Department of Revenue now owns 36,465 shares of the company’s stock worth $2,539,000 after acquiring an additional 170 shares in the last quarter. Finally, Checchi Capital Advisers LLC grew its stake in Vistra by 5.0% in the 2nd quarter. Checchi Capital Advisers LLC now owns 3,965 shares of the company’s stock worth $341,000 after acquiring an additional 190 shares in the last quarter. Hedge funds and other 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.