Capital Research Global Investors Sells 20,349 Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Capital Research Global Investors trimmed its position in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 0.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,642,249 shares of the company’s stock after selling 20,349 shares during the quarter. Capital Research Global Investors’ holdings in Vista Energy were worth $90,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Channing Global Advisors LLC raised its holdings in shares of Vista Energy by 47.6% in the second quarter. Channing Global Advisors LLC now owns 4,534 shares of the company’s stock valued at $217,000 after purchasing an additional 1,462 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Vista Energy by 11.6% during the second quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock worth $797,000 after purchasing an additional 1,731 shares during the last quarter. Victory Capital Management Inc. grew its position in Vista Energy by 1.0% in the 3rd quarter. Victory Capital Management Inc. now owns 252,787 shares of the company’s stock worth $8,696,000 after purchasing an additional 2,607 shares in the last quarter. Leavell Investment Management Inc. grew its position in Vista Energy by 63.8% in the 3rd quarter. Leavell Investment Management Inc. now owns 8,680 shares of the company’s stock worth $299,000 after purchasing an additional 3,380 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Vista Energy in the 2nd quarter valued at about $163,000. Institutional investors own 63.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on VIST. JPMorgan Chase & Co. lifted their target price on shares of Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and upped their target price for the company from $50.00 to $65.00 in a report on Sunday, January 11th. Bank of America initiated coverage on Vista Energy in a research report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price target for the company. The Goldman Sachs Group set a $53.20 price objective on Vista Energy in a research report on Wednesday, December 17th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Vista Energy in a research note on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $68.55.

Vista Energy Stock Performance

Shares of VIST stock opened at $59.67 on Thursday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $6.22 billion, a price-to-earnings ratio of 8.93, a P/E/G ratio of 2.88 and a beta of 0.84. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 52 week low of $31.63 and a 52 week high of $64.00. The firm’s 50-day simple moving average is $54.47 and its two-hundred day simple moving average is $46.96.

Vista Energy (NYSE:VIST) last released its earnings results on Wednesday, February 25th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). Vista Energy had a net margin of 29.06% and a return on equity of 15.65%. The company had revenue of $719.06 million for the quarter, compared to the consensus estimate of $679.81 million. As a group, equities analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 earnings per share for the current year.

About Vista Energy

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.