Vistra Corp. (NYSE:VST) Stake Raised by Campbell Capital Management Inc.

Campbell Capital Management Inc. increased its holdings in shares of Vistra Corp. (NYSE:VST) by 822.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 64,602 shares of the company’s stock after purchasing an additional 57,602 shares during the period. Vistra accounts for about 3.0% of Campbell Capital Management Inc.’s investment portfolio, making the stock its 9th biggest holding. Campbell Capital Management Inc.’s holdings in Vistra were worth $7,658,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Silvant Capital Management LLC purchased a new stake in Vistra during the 3rd quarter worth approximately $5,658,000. Farther Finance Advisors LLC increased its position in shares of Vistra by 28.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,120 shares of the company’s stock valued at $251,000 after purchasing an additional 471 shares during the last quarter. Private Wealth Group LLC purchased a new stake in shares of Vistra in the 3rd quarter valued at approximately $237,000. Interchange Capital Partners LLC increased its position in shares of Vistra by 4.2% in the 3rd quarter. Interchange Capital Partners LLC now owns 2,710 shares of the company’s stock valued at $321,000 after purchasing an additional 109 shares during the last quarter. Finally, United Asset Strategies Inc. purchased a new stake in shares of Vistra in the 3rd quarter valued at approximately $1,274,000. 90.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VST has been the topic of a number of recent analyst reports. BNP Paribas initiated coverage on shares of Vistra in a research report on Monday, October 14th. They issued an “outperform” rating and a $231.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on shares of Vistra in a research report on Thursday, October 17th. They issued an “overweight” rating and a $178.00 price objective on the stock. UBS Group dropped their price objective on shares of Vistra from $157.00 to $150.00 and set a “buy” rating on the stock in a research report on Tuesday, October 22nd. Morgan Stanley increased their price objective on shares of Vistra from $110.00 to $132.00 and gave the company an “overweight” rating in a research report on Monday, September 23rd. Finally, Royal Bank of Canada increased their price objective on shares of Vistra from $105.00 to $141.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $145.40.

Vistra Trading Down 4.4 %

NYSE VST opened at $119.51 on Friday. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.98 and a quick ratio of 0.88. The firm’s fifty day moving average price is $108.66 and its 200 day moving average price is $92.85. The company has a market capitalization of $41.06 billion, a price-to-earnings ratio of 87.88 and a beta of 1.09. Vistra Corp. has a 12 month low of $33.84 and a 12 month high of $143.87.

Vistra (NYSE:VST) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). The business had revenue of $3.85 billion for the quarter, compared to analyst estimates of $4.04 billion. Vistra had a return on equity of 21.05% and a net margin of 4.61%. During the same quarter in the prior year, the company earned $1.03 EPS. On average, sell-side analysts expect that Vistra Corp. will post 4.02 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 20th will be paid a dividend of $0.221 per share. The ex-dividend date is Friday, December 20th. This represents a $0.88 dividend on an annualized basis and a yield of 0.74%. This is a boost from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio is currently 64.71%.

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.