Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST Stock Bought by Ninety One North America Inc.

Ninety One North America Inc. lifted its holdings in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 1.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 661,195 shares of the company’s stock after purchasing an additional 9,167 shares during the quarter. Vista Energy makes up 2.2% of Ninety One North America Inc.’s portfolio, making the stock its 15th largest holding. Ninety One North America Inc.’s holdings in Vista Energy were worth $43,209,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Perpetual Ltd increased its stake in Vista Energy by 71.2% during the 3rd quarter. Perpetual Ltd now owns 17,804 shares of the company’s stock valued at $1,163,000 after buying an additional 7,404 shares during the period. Confluence Investment Management LLC boosted its holdings in shares of Vista Energy by 0.8% in the third quarter. Confluence Investment Management LLC now owns 27,495 shares of the company’s stock valued at $1,797,000 after acquiring an additional 225 shares in the last quarter. ABS Direct Equity Fund LLC increased its stake in shares of Vista Energy by 3.7% during the second quarter. ABS Direct Equity Fund LLC now owns 31,100 shares of the company’s stock valued at $1,984,000 after acquiring an additional 1,100 shares during the period. Engineers Gate Manager LP acquired a new position in shares of Vista Energy during the second quarter valued at approximately $2,303,000. Finally, NewEdge Advisors LLC raised its holdings in Vista Energy by 826.1% during the second quarter. NewEdge Advisors LLC now owns 6,483 shares of the company’s stock worth $414,000 after purchasing an additional 5,783 shares in the last quarter. 63.81% of the stock is owned by institutional investors and hedge funds.

Vista Energy Price Performance

NYSE:VIST traded up $0.27 during mid-day trading on Thursday, reaching $70.21. 495,801 shares of the stock were exchanged, compared to its average volume of 1,252,358. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. The business has a fifty day moving average price of $70.10 and a 200 day moving average price of $69.43. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 1-year low of $34.60 and a 1-year high of $81.44. The firm has a market capitalization of $7.32 billion, a PE ratio of 9.27, a PEG ratio of 0.60 and a beta of 0.68.

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VIST. Weiss Ratings downgraded Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, September 1st. Zacks Research raised Vista Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 29th. Finally, JPMorgan Chase & Co. lifted their price target on Vista Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Tuesday, September 1st. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price 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.