Wealthspire Advisors LLC bought a new position in Vista Energy, S.A.B. de C.V. (NYSE:VIST – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,000 shares of the company’s stock, valued at approximately $325,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Confluence Investment Management LLC raised its holdings in shares of Vista Energy by 15.1% during the third quarter. Confluence Investment Management LLC now owns 11,558 shares of the company’s stock valued at $511,000 after acquiring an additional 1,516 shares during the period. Sigma Planning Corp grew its position in Vista Energy by 69.2% in the third quarter. Sigma Planning Corp now owns 25,309 shares of the company’s stock worth $1,118,000 after acquiring an additional 10,355 shares in the last quarter. Victory Capital Management Inc. grew its position in Vista Energy by 8.1% in the third quarter. Victory Capital Management Inc. now owns 118,522 shares of the company’s stock worth $5,236,000 after acquiring an additional 8,865 shares in the last quarter. NS Partners Ltd bought a new stake in Vista Energy in the third quarter worth approximately $26,777,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Vista Energy in the third quarter worth approximately $1,017,000. 63.81% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several analysts have commented on VIST shares. JPMorgan Chase & Co. boosted their target price 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. Citigroup raised shares of Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price objective for the company in a report on Thursday, February 13th. The Goldman Sachs Group initiated coverage on shares of Vista Energy in a report on Friday, February 21st. They set a “buy” rating and a $65.40 price objective for the company. Finally, UBS Group reiterated a “neutral” rating and set a $64.00 target price (up from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. One equities research 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’s stock. Based on data from MarketBeat.com, Vista Energy presently has an average rating of “Buy” and a consensus target price of $64.73.
Vista Energy Stock Down 5.2 %
Shares of NYSE:VIST opened at $48.82 on Friday. The firm has a market cap of $4.65 billion, a P/E ratio of 9.46, a P/E/G ratio of 0.83 and a beta of 1.70. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. Vista Energy, S.A.B. de C.V. has a 12 month low of $35.34 and a 12 month high of $61.67. The company’s 50-day moving average price is $54.40 and its two-hundred day moving average price is $51.68.
Vista Energy (NYSE:VIST – Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.67). The business had revenue of $471.32 million during the quarter, compared to the consensus estimate of $464.55 million. Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. As a group, research analysts forecast that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current fiscal year.
About Vista Energy
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.
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