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

Ninety One North America Inc. boosted its holdings in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 1.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 661,195 shares of the company’s stock after purchasing an additional 9,167 shares during the quarter. Vista Energy makes up approximately 2.2% of Ninety One North America Inc.’s holdings, making the stock its 15th largest holding. Ninety One North America Inc. owned about 0.63% of Vista Energy worth $43,209,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Lazard Asset Management LLC bought a new stake in Vista Energy during the first quarter valued at $102,610,000. Bank of America Corp DE lifted its position in shares of Vista Energy by 824.7% in the 1st quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock worth $70,066,000 after buying an additional 827,997 shares during the last quarter. Walleye Capital LLC bought a new position in shares of Vista Energy in the 1st quarter worth about $28,803,000. RWC Asset Advisors US LLC acquired a new position in shares of Vista Energy in the 2nd quarter valued at about $23,346,000. Finally, Breakout Capital Partners LP acquired a new position in shares of Vista Energy in the 2nd quarter valued at about $18,591,000. 63.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on VIST. Zacks Research raised Vista Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 29th. Weiss Ratings downgraded Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, September 1st. Finally, JPMorgan Chase & Co. boosted their price objective 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 issued a Hold rating to the stock. According to data from MarketBeat, Vista Energy has an average rating of “Moderate Buy” and a consensus price target of $83.44.

Vista Energy Stock Performance

Shares of Vista Energy stock traded up $0.27 during trading on Thursday, hitting $70.21. 495,801 shares of the stock were exchanged, compared to its average volume of 1,252,358. The stock’s fifty day moving average is $70.10 and its 200 day moving average is $69.43. The stock has a market cap of $7.32 billion, a PE ratio of 9.27, a P/E/G ratio of 0.60 and a beta of 0.68. 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, S.A.B. de C.V. – Sponsored ADR has a 12 month low of $34.60 and a 12 month high of $81.44.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Friday, July 17th. The company reported $2.38 earnings per share 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 firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. As a group, sell-side analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.18 EPS for the current year.

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.