Spire Wealth Management Makes New Investment in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Spire Wealth Management bought a new stake in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,405 shares of the company’s stock, valued at approximately $360,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Caitong International Asset Management Co. Ltd increased its stake in shares of Vista Energy by 1,009.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after acquiring an additional 656 shares during the last quarter. Geode Capital Management LLC boosted its position in Vista Energy by 11.6% during the second quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock valued at $797,000 after purchasing an additional 1,731 shares during the last quarter. Victory Capital Management Inc. boosted its position in Vista Energy by 1.0% during the third quarter. Victory Capital Management Inc. now owns 252,787 shares of the company’s stock valued at $8,696,000 after purchasing an additional 2,607 shares during the last quarter. Leavell Investment Management Inc. grew its stake in Vista Energy by 63.8% in the third quarter. Leavell Investment Management Inc. now owns 8,680 shares of the company’s stock valued at $299,000 after purchasing an additional 3,380 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Vista Energy in the 2nd quarter worth about $163,000. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VIST has been the subject of a number of recent research reports. Bank of America initiated coverage on Vista Energy in a research note 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 target on Vista Energy in a research note on Wednesday, December 17th. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their price objective for the company from $50.00 to $65.00 in a research report on Sunday, January 11th. Zacks Research upgraded shares of Vista Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. Finally, Weiss Ratings raised shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $68.55.

Vista Energy Stock Performance

NYSE:VIST opened at $71.62 on Friday. The firm has a market capitalization of $7.47 billion, a PE ratio of 10.72, a PEG ratio of 0.66 and a beta of 0.72. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 1 year low of $31.63 and a 1 year high of $79.20. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.12. The firm’s fifty day simple moving average is $61.54 and its 200 day simple moving average is $50.49.

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

Vista Energy Profile

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.