RWC Asset Advisors US LLC Buys Shares of 365,929 Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

RWC Asset Advisors US LLC purchased a new position in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 365,929 shares of the company’s stock, valued at approximately $23,346,000. Vista Energy accounts for 5.2% of RWC Asset Advisors US LLC’s holdings, making the stock its 8th largest position.

A number of other large investors also recently modified their holdings of the business. Price T Rowe Associates Inc. MD increased its position in shares of Vista Energy by 11.2% during 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 during the period. JPMorgan Chase & Co. lifted its position in Vista Energy by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock worth $176,843,000 after purchasing an additional 649,468 shares during the period. Capital Research Global Investors lifted its position 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 worth $162,321,000 after purchasing an additional 693,566 shares during the period. Lazard Asset Management LLC bought a new position in Vista Energy in the first quarter worth $102,610,000. Finally, Cape Ann Asset Management Ltd boosted its stake in Vista Energy by 35.1% during the first quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company’s stock worth $70,326,000 after buying an additional 241,942 shares in the last quarter. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Vista Energy Stock Performance

Shares of Vista Energy stock opened at $73.82 on Tuesday. The firm has a fifty day moving average of $67.37 and a two-hundred day moving average of $68.05. The stock has a market capitalization of $7.70 billion, a price-to-earnings ratio of 9.73, a PEG ratio of 0.66 and a beta of 0.63. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 52 week low of $31.63 and a 52 week high of $81.44. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69.

Vista Energy (NYSE:VIST) last posted its quarterly 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 return on equity of 20.26% and a net margin of 23.56%.The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. As a group, equities research analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 8.88 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently commented on VIST shares. Weiss Ratings lowered Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, September 1st. Zacks Research lowered Vista Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. JPMorgan Chase & Co. lifted their price objective on Vista Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a report on Tuesday, September 1st. Finally, HSBC assumed coverage on shares of Vista Energy in a research note on Sunday, June 14th. They issued a “buy” rating and a $95.00 target price on the stock. Five equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Vista Energy has a consensus rating of “Moderate Buy” and an average target price of $83.44.

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.