Vistra (NYSE:VST) Now Covered by Analysts at The Goldman Sachs Group

Equities research analysts at The Goldman Sachs Group assumed coverage on shares of Vistra (NYSE:VST) in a research note issued to investors on Friday, Marketbeat.com reports. The firm set a “neutral” rating and a $134.00 price target on the stock. The Goldman Sachs Group’s price target would indicate a potential upside of 24.17% from the stock’s previous close.

Several other analysts have also issued reports on VST. Daiwa Capital Markets assumed coverage on Vistra in a report on Wednesday, March 5th. They set a “neutral” rating and a $120.00 price objective for the company. Daiwa America raised Vistra to a “hold” rating in a research note on Wednesday, March 5th. UBS Group lifted their price target on Vistra from $161.00 to $174.00 and gave the company a “buy” rating in a report on Friday, January 3rd. Bank of America upgraded Vistra from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $164.00 to $152.00 in a report on Tuesday, March 4th. Finally, BMO Capital Markets lifted their target price on shares of Vistra from $151.00 to $191.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, Vistra presently has a consensus rating of “Moderate Buy” and an average price target of $161.23.

Vistra Stock Down 15.2 %

VST stock opened at $107.92 on Friday. The company has a 50 day moving average of $142.18 and a two-hundred day moving average of $141.02. The company has a market cap of $36.71 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 1.12 and a beta of 1.21. Vistra has a 12-month low of $64.26 and a 12-month high of $199.84. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68.

Insiders Place Their Bets

In other Vistra news, Director John William Pitesa acquired 1,500 shares of the company’s stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average cost of $126.75 per share, for a total transaction of $190,125.00. Following the completion of the purchase, the director now 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 purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Paul M. Barbas sold 24,136 shares of the 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 sale, the director now owns 51,063 shares of the company’s stock, valued at approximately $6,341,513.97. The trade was a 32.10 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.42% of the company’s stock.

Institutional Investors Weigh In On Vistra

Several hedge funds and other institutional investors have recently modified their holdings of the stock. State Street Corp grew its position in Vistra by 6.8% in the 3rd quarter. State Street Corp now owns 16,355,255 shares of the company’s stock worth $1,938,752,000 after purchasing an additional 1,037,402 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Vistra by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 8,539,243 shares of the company’s stock valued at $1,174,326,000 after buying an additional 219,055 shares during the period. Massachusetts Financial Services Co. MA grew its position in Vistra by 63.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,260,363 shares of the company’s stock worth $863,116,000 after buying an additional 2,433,732 shares in the last quarter. Northern Trust Corp grew its position in Vistra by 10.9% during the fourth quarter. Northern Trust Corp now owns 3,026,484 shares of the company’s stock worth $417,261,000 after buying an additional 296,714 shares in the last quarter. Finally, Norges Bank bought a new position in Vistra during the fourth quarter valued at about $409,087,000. 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.