Discovery Capital Management LLC CT Boosts Holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Discovery Capital Management LLC CT boosted its position in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 4.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,320,566 shares of the company’s stock after purchasing an additional 61,800 shares during the period. Vista Energy comprises about 5.0% of Discovery Capital Management LLC CT’s investment portfolio, making the stock its 5th biggest position. Discovery Capital Management LLC CT owned 1.39% of Vista Energy worth $71,456,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of Vista Energy by 3,262.5% in the third quarter. FMR LLC now owns 3,497 shares of the company’s stock valued at $154,000 after buying an additional 3,393 shares in the last quarter. Verition Fund Management LLC bought a new position in shares of Vista Energy in the third quarter worth about $1,370,000. Centiva Capital LP acquired a new position in shares of Vista Energy during the third quarter worth approximately $389,000. HighTower Advisors LLC grew its stake in shares of Vista Energy by 13.7% during the third quarter. HighTower Advisors LLC now owns 43,062 shares of the company’s stock valued at $1,908,000 after purchasing an additional 5,202 shares during the last quarter. Finally, Itau Unibanco Holding S.A. increased its holdings in shares of Vista Energy by 204.1% in the third quarter. Itau Unibanco Holding S.A. now owns 66,000 shares of the company’s stock valued at $2,916,000 after purchasing an additional 44,300 shares in the last quarter. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on VIST shares. Citigroup raised Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 target price for the company in a research note on Thursday, February 13th. The Goldman Sachs Group started coverage on shares of Vista Energy in a research report on Friday, February 21st. They set a “buy” rating and a $65.40 target price on the stock. JPMorgan Chase & Co. lifted their price target on shares of Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, January 10th. Finally, UBS Group restated a “neutral” rating and issued a $64.00 price objective (up from $60.00) on shares of Vista Energy in a report on Friday, January 3rd. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $64.73.

Vista Energy Price Performance

VIST opened at $46.59 on Tuesday. The stock has a market cap of $4.43 billion, a P/E ratio of 9.03, a P/E/G ratio of 0.83 and a beta of 1.70. Vista Energy, S.A.B. de C.V. has a 12 month low of $36.01 and a 12 month high of $61.67. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. The company has a fifty day simple moving average of $50.54 and a 200 day simple moving average of $51.36.

Vista Energy (NYSE:VIST) last announced its earnings results on Wednesday, February 26th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.67). Vista Energy had a return on equity of 30.06% and a net margin of 34.78%. The company had revenue of $471.32 million for the quarter, compared to analyst estimates of $464.55 million. On average, research analysts expect that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current year.

Vista Energy Profile

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.