WCM Investment Management LLC Cuts Stake in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

WCM Investment Management LLC trimmed its holdings in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 53.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 354,824 shares of the company’s stock after selling 411,395 shares during the period. WCM Investment Management LLC owned about 0.34% of Vista Energy worth $12,561,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in Vista Energy by 6.1% in the second quarter. JPMorgan Chase & Co. now owns 2,989,929 shares of the company’s stock valued at $142,949,000 after purchasing an additional 171,718 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in Vista Energy by 16.1% in the 2nd quarter. Vontobel Holding Ltd. now owns 1,017,790 shares of the company’s stock worth $48,661,000 after acquiring an additional 141,066 shares during the last quarter. Artisan Partners Limited Partnership increased its position in shares of Vista Energy by 34.1% in the second quarter. Artisan Partners Limited Partnership now owns 653,520 shares of the company’s stock valued at $31,245,000 after acquiring an additional 166,085 shares during the period. Itau Unibanco Holding S.A. raised its stake in shares of Vista Energy by 356.1% during the second quarter. Itau Unibanco Holding S.A. now owns 550,435 shares of the company’s stock valued at $26,316,000 after acquiring an additional 429,740 shares during the last quarter. Finally, Carrhae Capital LLP purchased a new stake in shares of Vista Energy during the second quarter worth about $19,152,000. Institutional investors own 63.81% of the company’s stock.

Wall Street Analyst Weigh In

VIST has been the subject of a number of recent analyst reports. UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and upped their price target for the company from $50.00 to $65.00 in a research report on Sunday, January 11th. The Goldman Sachs Group set a $53.20 target price on Vista Energy in a report on Wednesday, December 17th. Bank of America lifted their price target on shares of Vista Energy from $63.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. JPMorgan Chase & Co. upped their price objective on shares of Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vista Energy in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.44.

Vista Energy Price Performance

VIST stock opened at $55.96 on Wednesday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.61 and a current ratio of 0.62. The firm has a 50 day moving average price of $50.07 and a 200-day moving average price of $44.39. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 52-week low of $31.63 and a 52-week high of $62.42. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 8.23, a PEG ratio of 2.15 and a beta of 0.82.

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.