Vistra (NYSE:VST) PT Raised to $41.00 at Morgan Stanley

Vistra (NYSE:VST) had its price objective lifted by analysts at Morgan Stanley from $40.00 to $41.00 in a report released on Tuesday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s target price points to a potential upside of 18.46% from the company’s previous close.

A number of other equities analysts have also commented on VST. BMO Capital Markets boosted their price objective on Vistra from $42.00 to $43.00 and gave the stock an “outperform” rating in a research note on Thursday, November 9th. Bank of America upped their price target on shares of Vistra from $31.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, September 21st.

Vistra Price Performance

Shares of NYSE:VST traded down $0.08 during trading on Tuesday, reaching $34.61. The stock had a trading volume of 693,628 shares, compared to its average volume of 3,965,462. The stock has a market capitalization of $12.37 billion, a PE ratio of 10.16 and a beta of 0.92. The company has a debt-to-equity ratio of 3.34, a current ratio of 1.22 and a quick ratio of 1.14. Vistra has a 52 week low of $21.18 and a 52 week high of $36.50. The business’s 50-day moving average price is $33.19 and its 200 day moving average price is $29.30.

Institutional Trading of Vistra

Several institutional investors and hedge funds have recently added to or reduced their stakes in VST. MetLife Investment Management LLC acquired a new position in Vistra in the first quarter valued at approximately $223,000. Rhumbline Advisers lifted its stake in shares of Vistra by 2.5% in the 1st quarter. Rhumbline Advisers now owns 458,182 shares of the company’s stock valued at $10,653,000 after purchasing an additional 11,136 shares during the period. BlackRock Inc. boosted its position in shares of Vistra by 2.3% in the 1st quarter. BlackRock Inc. now owns 23,939,759 shares of the company’s stock worth $556,597,000 after purchasing an additional 534,299 shares during the last quarter. Yousif Capital Management LLC grew its stake in shares of Vistra by 15.5% during the first quarter. Yousif Capital Management LLC now owns 26,786 shares of the company’s stock worth $623,000 after purchasing an additional 3,595 shares during the period. Finally, Raymond James Trust N.A. increased its holdings in 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 during the last quarter. 91.31% of the stock is 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 20 states in the United States and the District of Columbia.