Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST Stock: Ninety One UK Ltd Increases Stake

Ninety One UK Ltd increased its position in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 16.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,212,079 shares of the company’s stock after acquiring an additional 320,074 shares during the quarter. Ninety One UK Ltd’s holdings in Vista Energy were worth $144,559,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Operose Advisors LLC bought a new stake in Vista Energy during the 2nd quarter worth approximately $32,000. EverSource Wealth Advisors LLC boosted its position in shares of Vista Energy by 46.7% in the first quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock worth $39,000 after purchasing an additional 163 shares during the period. DV Trading LLC bought a new position in shares of Vista Energy in the first quarter worth approximately $226,000. Janney Montgomery Scott LLC purchased a new stake in shares of Vista Energy in the first quarter worth $253,000. Finally, R Squared Ltd purchased a new stake in shares of Vista Energy in the first quarter worth $283,000. 63.81% of the stock is owned by hedge funds and other institutional investors.

Vista Energy Price Performance

VIST traded up $0.55 on Thursday, hitting $70.48. 505,952 shares of the company’s stock traded hands, compared to its average volume of 1,252,446. The company’s 50 day simple moving average is $70.10 and its 200-day simple moving average is $69.43. The firm has a market cap of $7.35 billion, a price-to-earnings ratio of 9.28, a P/E/G ratio of 0.60 and a beta of 0.68. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a one year low of $34.60 and a one year high of $81.44. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84.

Vista Energy (NYSE:VIST) last posted its quarterly earnings results on Friday, July 17th. The company reported $2.38 EPS for the quarter, missing analysts’ consensus estimates of $3.15 by ($0.77). Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. The business had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. As a group, research analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.18 EPS for the current year.

Analyst Ratings Changes

VIST has been the topic of several recent analyst reports. Zacks Research upgraded shares of Vista Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 29th. Weiss Ratings downgraded shares of Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, September 1st. Finally, JPMorgan Chase & Co. upped their target price on shares of Vista Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $83.44.

About Vista Energy

Vista Energy, SAB. de C.V. is an independent energy company focused on the exploration, development and production of oil and natural gas. The company’s portfolio is centered on unconventional resources, particularly shale oil and gas, and includes drilling, operating and developing upstream energy assets.

Vista’s principal activities are concentrated in Argentina’s Vaca Muerta formation, one of the world’s major shale hydrocarbon regions. The company also has operations and assets in Mexico, giving it a presence in key Latin American energy markets.