Activest Wealth Management Sells 13,787 Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Activest Wealth Management lessened its holdings in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 67.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,679 shares of the company’s stock after selling 13,787 shares during the period. Activest Wealth Management’s holdings in Vista Energy were worth $325,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VIST. Pictet Asset Management Holding SA grew its holdings in Vista Energy by 304.0% in the 4th quarter. Pictet Asset Management Holding SA now owns 149,310 shares of the company’s stock valued at $7,265,000 after buying an additional 112,348 shares during the last quarter. Ruffer LLP acquired a new position in shares of Vista Energy during the fourth quarter worth approximately $19,227,000. Ninety One UK Ltd boosted its position in shares of Vista Energy by 4.2% in the fourth quarter. Ninety One UK Ltd now owns 1,237,870 shares of the company’s stock valued at $60,235,000 after acquiring an additional 50,178 shares during the period. Perigon Wealth Management LLC bought a new stake in shares of Vista Energy in the fourth quarter valued at approximately $2,912,000. Finally, Blue Trust Inc. grew its stake in shares of Vista Energy by 154.8% in the fourth quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock worth $150,000 after acquiring an additional 1,878 shares during the last quarter. Institutional investors own 63.81% of the company’s stock.

Vista Energy Stock Performance

VIST opened at $74.63 on Thursday. The stock’s 50 day simple moving average is $66.22 and its 200-day simple moving average is $54.95. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.12. The stock has a market cap of $7.78 billion, a PE ratio of 11.17, a P/E/G ratio of 0.19 and a beta of 0.72. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 1 year low of $31.63 and a 1 year high of $79.20.

Vista Energy (NYSE:VIST) last issued its earnings results on Wednesday, April 29th. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.69). Vista Energy had a return on equity of 15.65% and a net margin of 29.06%.The firm had revenue of $865.01 million during the quarter, compared to the consensus estimate of $732.28 million. Sell-side analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 13.56 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on VIST. Weiss Ratings raised shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. Bank of America started coverage on shares of Vista Energy in a report on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price target for the company. UBS Group upgraded shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their price target for the stock from $50.00 to $65.00 in a research report on Sunday, January 11th. JPMorgan Chase & Co. boosted their price objective on shares of Vista Energy from $69.00 to $89.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Zacks Research raised shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. According to data from MarketBeat, Vista Energy presently has a consensus rating of “Buy” and a consensus target price of $73.80.

Vista Energy Company 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.