Kerusso Capital Management LLC Has $3.47 Million Stock Holdings in Vistra Corp. $VST

Kerusso Capital Management LLC boosted its position in Vistra Corp. (NYSE:VST) by 25.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,532 shares of the company’s stock after buying an additional 4,313 shares during the quarter. Kerusso Capital Management LLC’s holdings in Vistra were worth $3,474,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VST. Empowered Funds LLC raised its position in Vistra by 24.1% in the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company’s stock valued at $2,371,000 after buying an additional 3,920 shares during the last quarter. Woodline Partners LP raised its position in Vistra by 40.7% in the 1st quarter. Woodline Partners LP now owns 28,744 shares of the company’s stock valued at $3,376,000 after buying an additional 8,312 shares during the last quarter. Focus Partners Wealth raised its position in Vistra by 37.3% in the 1st quarter. Focus Partners Wealth now owns 7,828 shares of the company’s stock valued at $920,000 after buying an additional 2,125 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Vistra in the 2nd quarter valued at approximately $269,000. Finally, Slocum Gordon & Co LLP increased its position in shares of Vistra by 20.0% during the 2nd quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company’s stock worth $233,000 after purchasing an additional 200 shares during the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Vistra Stock Up 0.7%

NYSE:VST opened at $156.87 on Friday. The firm has a market capitalization of $53.11 billion, a price-to-earnings ratio of 72.29, a price-to-earnings-growth ratio of 0.94 and a beta of 1.49. Vistra Corp. has a twelve month low of $120.51 and a twelve month high of $219.82. The stock’s 50 day moving average price is $161.11 and its two-hundred day moving average price is $169.64. The company has a quick ratio of 0.69, a current ratio of 0.78 and a debt-to-equity ratio of 6.01.

Vistra (NYSE:VST) last posted its earnings results on Thursday, February 26th. The company reported $2.18 earnings per share for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.27). The business had revenue of $4.58 billion for the quarter, compared to analyst estimates of $5.75 billion. Vistra had a return on equity of 81.09% and a net margin of 5.32%. Equities research analysts expect that Vistra Corp. will post 8.79 earnings per share for the current fiscal year.

Vistra Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 20th were issued a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, March 20th. This is a boost from Vistra’s previous quarterly dividend of $0.23. Vistra’s payout ratio is presently 41.94%.

Analyst Ratings Changes

Several research firms have weighed in on VST. Bank of America lowered their price target on Vistra from $231.00 to $218.00 and set a “buy” rating on the stock in a research report on Monday, January 12th. Scotiabank boosted their price target on Vistra from $287.00 to $293.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Morgan Stanley reaffirmed an “overweight” rating and set a $208.00 price target on shares of Vistra in a research report on Tuesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vistra in a research report on Friday, March 27th. Finally, Jefferies Financial Group raised Vistra from a “hold” rating to a “buy” rating and boosted their price target for the stock from $191.00 to $203.00 in a research report on Tuesday, February 10th. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $236.40.

Insider Buying and Selling at Vistra

In related news, EVP Stephanie Zapata Moore sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $160.31, for a total transaction of $1,603,100.00. Following the transaction, the executive vice president directly owned 114,409 shares of the company’s stock, valued at approximately $18,340,906.79. The trade was a 8.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.92% of the company’s stock.

Vistra Company Profile

Vistra (NYSE: VST) is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company’s operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra’s core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.