Hsbc Holdings PLC Raises Stake in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Hsbc Holdings PLC increased its holdings in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 1,885.1% in the first quarter, Holdings Channel reports. The firm owned 259,794 shares of the company’s stock after acquiring an additional 246,707 shares during the period. Hsbc Holdings PLC’s holdings in Vista Energy were worth $19,623,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of VIST. Caitong International Asset Management Co. Ltd lifted its position in Vista Energy by 1,009.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after buying an additional 656 shares in the last quarter. Platinum Investment Management Ltd. acquired a new stake in shares of Vista Energy in the fourth quarter worth $67,000. Blue Trust Inc. raised its stake in shares of Vista Energy by 154.8% in the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after acquiring an additional 1,878 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Vista Energy in the 2nd quarter valued at $163,000. Finally, Federated Hermes Inc. acquired a new position in shares of Vista Energy during the 4th quarter valued at $221,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on VIST. HSBC started coverage on shares of Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 price target for the company. Zacks Research lowered Vista Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Weiss Ratings upgraded Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. JPMorgan Chase & Co. upped their target price on Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Finally, UBS Group increased their target price on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $83.24.

Vista Energy Trading Up 2.0%

NYSE VIST opened at $65.20 on Wednesday. The stock has a market cap of $6.80 billion, a P/E ratio of 8.60, a PEG ratio of 0.53 and a beta of 0.63. The company’s fifty day simple moving average is $69.27 and its 200-day simple moving average is $64.06. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 52 week low of $31.63 and a 52 week high of $81.44.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Thursday, July 16th. The company reported $2.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.15 by ($0.77). Vista Energy had a return on equity of 20.26% and a net margin of 23.56%.The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Equities research analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.59 EPS for the current fiscal year.

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.