Insigneo Advisory Services LLC Purchases 32,598 Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Insigneo Advisory Services LLC increased its holdings in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 62.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 84,705 shares of the company’s stock after acquiring an additional 32,598 shares during the quarter. Insigneo Advisory Services LLC owned approximately 0.08% of Vista Energy worth $2,914,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VIST. Ping Capital Management Inc. increased its holdings in shares of Vista Energy by 266.6% in the 3rd quarter. Ping Capital Management Inc. now owns 123,900 shares of the company’s stock valued at $4,262,000 after acquiring an additional 90,100 shares during the period. Schwartz Investment Counsel Inc. purchased a new position in Vista Energy in the third quarter valued at about $1,032,000. Campbell & CO Investment Adviser LLC purchased a new position in Vista Energy in the third quarter valued at about $1,351,000. Banco Santander S.A. raised its holdings in Vista Energy by 285.6% in the third quarter. Banco Santander S.A. now owns 30,086 shares of the company’s stock worth $1,035,000 after purchasing an additional 22,284 shares in the last quarter. Finally, Artisan Partners Limited Partnership lifted its position in shares of Vista Energy by 34.1% during the second quarter. Artisan Partners Limited Partnership now owns 653,520 shares of the company’s stock valued at $31,245,000 after buying an additional 166,085 shares during the last quarter. 63.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

VIST has been the topic of a number of analyst reports. The Goldman Sachs Group set a $53.20 price objective on shares of Vista Energy in a research report on Wednesday, December 17th. UBS Group upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their target price for the company from $50.00 to $65.00 in a research note on Sunday, January 11th. Bank of America started coverage on Vista Energy in a research report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price target on the stock. Zacks Research downgraded Vista Energy from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 26th. Finally, JPMorgan Chase & Co. increased their price target on Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $68.55.

Vista Energy Price Performance

NYSE VIST opened at $59.70 on Wednesday. The company has a market cap of $6.22 billion, a price-to-earnings ratio of 8.94, a PEG ratio of 2.88 and a beta of 0.84. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.86 and a quick ratio of 0.86. The stock’s fifty day moving average price is $52.97 and its 200 day moving average price is $46.17. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 1 year low of $31.63 and a 1 year high of $62.42.

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