Campbell Capital Management Inc. Purchases 57,602 Shares of Vistra Corp. (NYSE:VST)

Campbell Capital Management Inc. grew its stake in Vistra Corp. (NYSE:VST) by 822.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,602 shares of the company’s stock after purchasing an additional 57,602 shares during the quarter. Vistra makes up 3.0% of Campbell Capital Management Inc.’s holdings, making the stock its 9th biggest position. Campbell Capital Management Inc.’s holdings in Vistra were worth $7,658,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of VST. State of Alaska Department of Revenue increased its stake in shares of Vistra by 0.5% during the first quarter. State of Alaska Department of Revenue now owns 36,465 shares of the company’s stock worth $2,539,000 after purchasing an additional 170 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of Vistra by 14.8% during the first quarter. J.W. Cole Advisors Inc. now owns 7,586 shares of the company’s stock worth $531,000 after purchasing an additional 977 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Vistra during the first quarter worth about $209,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Vistra by 12.8% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 182,814 shares of the company’s stock worth $12,733,000 after purchasing an additional 20,790 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of Vistra by 186.6% during the first quarter. BNP Paribas Financial Markets now owns 327,434 shares of the company’s stock worth $22,806,000 after purchasing an additional 213,202 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.

Vistra Stock Performance

NYSE:VST opened at $119.51 on Friday. The company’s 50-day moving average is $108.66 and its two-hundred day moving average is $92.85. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.98 and a quick ratio of 0.88. Vistra Corp. has a 1-year low of $33.84 and a 1-year high of $143.87. The firm has a market capitalization of $41.06 billion, a price-to-earnings ratio of 87.88 and a beta of 1.09.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.69). Vistra had a return on equity of 21.05% and a net margin of 4.61%. The company had revenue of $3.85 billion during the quarter, compared to analyst estimates of $4.04 billion. During the same quarter in the prior year, the company posted $1.03 earnings per share. Analysts forecast that Vistra Corp. will post 4.02 EPS for the current year.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th will be issued a $0.221 dividend. This is a positive change from Vistra’s previous quarterly dividend of $0.22. This represents a $0.88 annualized dividend and a dividend yield of 0.74%. The ex-dividend date is Friday, December 20th. Vistra’s dividend payout ratio is currently 64.71%.

Analysts Set New Price Targets

VST has been the subject of a number of research reports. Royal Bank of Canada boosted their target price on shares of Vistra from $105.00 to $141.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. BNP Paribas assumed coverage on shares of Vistra in a research report on Monday, October 14th. They set an “outperform” rating and a $231.00 price target on the stock. Guggenheim boosted their price target on shares of Vistra from $133.00 to $177.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. JPMorgan Chase & Co. assumed coverage on shares of Vistra in a research report on Thursday, October 17th. They set an “overweight” rating and a $178.00 price target on the stock. Finally, Morgan Stanley boosted their price target on shares of Vistra from $110.00 to $132.00 and gave the stock an “overweight” rating in a research report on Monday, September 23rd. Ten equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Vistra has a consensus rating of “Buy” and a consensus target price of $145.40.

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.