Itau Unibanco Holding S.A. Has $2.92 Million Stake in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Itau Unibanco Holding S.A. raised its stake in Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 204.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,000 shares of the company’s stock after purchasing an additional 44,300 shares during the quarter. Itau Unibanco Holding S.A. owned approximately 0.07% of Vista Energy worth $2,916,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Encompass Capital Advisors LLC boosted its position in shares of Vista Energy by 41.9% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock valued at $46,562,000 after purchasing an additional 302,138 shares in the last quarter. NS Partners Ltd bought a new stake in Vista Energy during the 3rd quarter valued at approximately $26,777,000. Sei Investments Co. lifted its position in Vista Energy by 253.6% in the 2nd quarter. Sei Investments Co. now owns 316,350 shares of the company’s stock valued at $14,388,000 after acquiring an additional 226,891 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Vista Energy by 10.1% in the 2nd quarter. American Century Companies Inc. now owns 315,438 shares of the company’s stock worth $14,346,000 after purchasing an additional 28,815 shares in the last quarter. Finally, Gemsstock Ltd. bought a new position in shares of Vista Energy during the 2nd quarter valued at about $13,307,000. 63.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VIST has been the subject of several research reports. Bank of America lowered their price objective on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th. UBS Group upgraded Vista Energy from a “neutral” rating to a “buy” rating and boosted their target price for the company from $55.00 to $60.00 in a research note on Friday, September 27th. Finally, JPMorgan Chase & Co. started coverage on Vista Energy in a research report on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price target on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Vista Energy has an average rating of “Moderate Buy” and an average target price of $59.80.

Vista Energy Price Performance

Vista Energy stock opened at $53.27 on Tuesday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $5.07 billion, a price-to-earnings ratio of 10.32, a PEG ratio of 0.43 and a beta of 1.75. The company has a fifty day simple moving average of $49.33 and a 200-day simple moving average of $47.37. Vista Energy, S.A.B. de C.V. has a 52-week low of $28.43 and a 52-week high of $57.28.

Vista Energy Profile

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.