Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST Stock Acquired by RWC Asset Advisors US LLC

RWC Asset Advisors US LLC increased its stake in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 24.5% in the third quarter, HoldingsChannel.com reports. The firm owned 455,705 shares of the company’s stock after acquiring an additional 89,776 shares during the quarter. Vista Energy accounts for 7.9% of RWC Asset Advisors US LLC’s portfolio, making the stock its 6th largest position. RWC Asset Advisors US LLC’s holdings in Vista Energy were worth $29,780,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Wavvest Wealth LLC purchased a new position in Vista Energy in the third quarter valued at about $308,000. Ninety One UK Ltd raised its stake in shares of Vista Energy by 16.9% during the 3rd quarter. Ninety One UK Ltd now owns 2,212,079 shares of the company’s stock worth $144,559,000 after buying an additional 320,074 shares during the last quarter. Ninety One North America Inc. raised its stake in shares of Vista Energy by 1.4% during the 3rd quarter. Ninety One North America Inc. now owns 661,195 shares of the company’s stock worth $43,209,000 after buying an additional 9,167 shares during the last quarter. Perpetual Ltd raised its stake in shares of Vista Energy by 71.2% during the 3rd quarter. Perpetual Ltd now owns 17,804 shares of the company’s stock worth $1,163,000 after buying an additional 7,404 shares during the last quarter. Finally, Confluence Investment Management LLC boosted its position in shares of Vista Energy by 0.8% in the 3rd quarter. Confluence Investment Management LLC now owns 27,495 shares of the company’s stock worth $1,797,000 after buying an additional 225 shares in the last quarter. Institutional investors and hedge funds own 63.81% of the company’s stock.

Vista Energy Price Performance

VIST stock traded up $4.27 on Friday, reaching $74.88. The company had a trading volume of 1,263,416 shares, compared to its average volume of 857,852. The company’s fifty day moving average is $70.78 and its 200 day moving average is $69.38. The company has a market cap of $8.28 billion, a P/E ratio of 9.87, a PEG ratio of 0.61 and a beta of 0.68. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 1 year low of $39.28 and a 1 year high of $81.44.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Weiss Ratings raised shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 16th. JPMorgan Chase & Co. lifted their target price on shares of Vista Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 1st. Finally, Zacks Research upgraded shares of Vista Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 29th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Vista Energy has an average rating of “Moderate Buy” and an average target price of $83.44.

About Vista Energy

Vista Energy, SAB. de C.V. is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company’s operations are centered on Argentina’s Vaca Muerta shale formation, where it develops unconventional oil and natural gas resources. Its products include crude oil, natural gas and natural gas liquids.

Vista was established in 2017 by Miguel Galuccio, who previously served as chief executive officer of YPF. The company was created to pursue upstream oil and gas opportunities in Latin America and subsequently built its principal operating position in Argentina.