1 week Ago By Defense World Staff
Vistra ( NYSE:VST – Free Report ) had its target price lifted by UBS Group from $161.00 to $174.00 in a research report sent to investors on Friday morning, Benzinga reports.
UBS Group currently has a buy rating on the stock. VST has been the topic of a number of other research reports. BMO Capital Markets lifted their price target on shares of Vistra from $146.
00 to $147.00 and gave the stock an “outperform” rating in a report on Tuesday, October 29th. Guggenheim lifted their target price on Vistra from $133.
00 to $177.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. Royal Bank of Canada increased their price target on Vistra from $105.
00 to $141.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. BNP Paribas began coverage on Vistra in a research note on Monday, October 14th.
They issued an “outperform” rating and a $231.00 price objective on the stock. Finally, Jefferies Financial Group increased their target price on shares of Vistra from $99.
00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, September 24th. Ten research analysts have rated the stock with a buy rating, According to data from MarketBeat, Vistra presently has an average rating of “Buy” and a consensus target price of $151.
50. Read Our Latest Analysis on VST Vistra Trading Up 8.5 % Vistra announced that its board has authorized a stock repurchase plan on Thursday, November 7th that authorizes the company to repurchase $1.
00 billion in shares. This repurchase authorization authorizes the company to purchase up to 2.1% of its shares through open market purchases.
Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued. Vistra Increases Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 20th were given a dividend of $0.
221 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.
54%. The ex-dividend date of this dividend was Friday, December 20th. This is an increase from Vistra’s previous quarterly dividend of $0.
22. Vistra’s payout ratio is presently 16.42%.
Insider Activity In related news, EVP Scott A. Hudson sold 115,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $164.
16, for a total value of $18,878,400.00. Following the transaction, the executive vice president now directly owns 254,932 shares in the company, valued at $41,849,637.
12. This trade represents a 31.09 % decrease in their position.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, Director Scott B. Helm sold 20,000 shares of the company’s stock in a transaction on Tuesday, December 10th.
The stock was sold at an average price of $139.77, for a total transaction of $2,795,400.00.
Following the transaction, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. The trade was a 5.
50 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 342,100 shares of company stock worth $55,087,314.
Company insiders own 1.42% of the company’s stock. Institutional Investors Weigh In On Vistra Institutional investors and hedge funds have recently made changes to their positions in the business.
Redwood Wealth Management Group LLC bought a new position in Vistra during the 2nd quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Vistra during the third quarter valued at about $30,000.
Mark Sheptoff Financial Planning LLC purchased a new position in Vistra during the third quarter worth about $30,000. CVA Family Office LLC grew its position in Vistra by 1,505.9% in the 3rd quarter.
CVA Family Office LLC now owns 273 shares of the company’s stock worth $32,000 after purchasing an additional 256 shares in the last quarter. Finally, RPg Family Wealth Advisory LLC purchased a new stake in Vistra in the 3rd quarter valued at about $36,000. Institutional investors and hedge funds own 90.
88% of the company’s stock. Vistra Company Profile ( Get Free Report ) 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. See Also Five stocks we like better than Vistra What is the Dogs of the Dow Strategy? Overview and Examples Insiders Are Selling, But These 3 Stocks Are Must-Buys Which Wall Street Analysts are the Most Accurate? Rivian Defies Doubters: Delivery Triumph Fuels Stock Surge Conference Calls and Individual Investors Hindenburg Short Report Slams Carvana Over Alleged ‘Grift’ Receive News & Ratings for Vistra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra and related companies with MarketBeat.
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