Wealth High Governance Asset Management Ltda. Buys Shares of 89,556 Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Wealth High Governance Asset Management Ltda. purchased a new stake in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 89,556 shares of the company’s stock, valued at approximately $6,759,000. Vista Energy makes up approximately 2.4% of Wealth High Governance Asset Management Ltda.’s holdings, making the stock its 19th biggest holding.

A number of other hedge funds have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD raised its stake in Vista Energy by 11.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock valued at $194,145,000 after purchasing an additional 402,585 shares in the last quarter. JPMorgan Chase & Co. raised its position in Vista Energy by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after purchasing an additional 649,468 shares during the last quarter. Capital Research Global Investors boosted its holdings in Vista Energy by 26.2% in the fourth quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock valued at $162,321,000 after acquiring an additional 693,566 shares in the last quarter. Lazard Asset Management LLC bought a new stake in Vista Energy during the 1st quarter valued at approximately $102,610,000. Finally, Ninety One UK Ltd raised its holdings in Vista Energy by 4.2% in the fourth quarter. Ninety One UK Ltd now owns 1,237,870 shares of the company’s stock worth $60,235,000 after purchasing an additional 50,178 shares in the last quarter. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Vista Energy Trading Down 0.1%

NYSE VIST opened at $70.35 on Monday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69. The company has a market capitalization of $7.34 billion, a price-to-earnings ratio of 9.28, a price-to-earnings-growth ratio of 0.58 and a beta of 0.62. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a one year low of $31.63 and a one year high of $81.44. The company’s 50-day simple moving average is $68.18 and its two-hundred day simple moving average is $65.24.

Vista Energy (NYSE:VIST) last posted its earnings results on Friday, July 17th. The company reported $2.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.15 by ($0.77). Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Equities analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. UBS Group upped their price target on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. raised their price objective on Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Weiss Ratings upgraded Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. HSBC assumed coverage on Vista Energy in a research report on Sunday, June 14th. They issued a “buy” rating and a $95.00 target price on the stock. Finally, Zacks Research downgraded Vista Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $83.24.

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.