Money Concepts Capital Corp grew its stake in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST – Free Report) by 53.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 40,556 shares of the company’s stock after acquiring an additional 14,139 shares during the quarter. Money Concepts Capital Corp’s holdings in Vista Energy were worth $1,973,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of the stock. Capital World Investors lifted its position in shares of Vista Energy by 1.2% during the 3rd quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock valued at $102,485,000 after acquiring an additional 36,549 shares during the period. Ninety One UK Ltd lifted its position in shares of Vista Energy by 4.2% during the 4th quarter. Ninety One UK Ltd now owns 1,237,870 shares of the company’s stock worth $60,235,000 after buying an additional 50,178 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Vista Energy during the 3rd quarter worth $28,499,000. Artisan Partners Limited Partnership lifted its position in shares of Vista Energy by 15.9% during the 3rd quarter. Artisan Partners Limited Partnership now owns 757,121 shares of the company’s stock worth $26,045,000 after buying an additional 103,601 shares during the last quarter. Finally, Carrhae Capital LLP lifted its position in shares of Vista Energy by 71.9% during the 3rd quarter. Carrhae Capital LLP now owns 688,405 shares of the company’s stock worth $23,681,000 after buying an additional 287,823 shares during the last quarter. 63.81% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
VIST has been the subject of several recent analyst reports. UBS Group upped their price objective on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Bank of America initiated coverage on Vista Energy in a research report on Wednesday, February 4th. They set a “buy” rating and a $88.00 price objective for the company. Zacks Research upgraded Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Weiss Ratings upgraded Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. Finally, 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 report on Tuesday. One analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $80.30.
Vista Energy Trading Up 3.3%
Shares of VIST stock opened at $69.04 on Wednesday. The stock has a market cap of $7.20 billion, a price-to-earnings ratio of 10.09, a PEG ratio of 0.18 and a beta of 0.63. The stock has a 50-day moving average of $67.80 and a 200-day moving average of $56.71. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 1.01. 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 – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.53). The company had revenue of $865.01 million during the quarter, compared to analyst estimates of $708.61 million. Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. On average, equities research analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 13.56 earnings per share for the current 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.
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