320,074 Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST Shares Acquired by Ninety One UK Ltd

Key Points

• Ninety One UK Ltd increased its Vista Energy stake by 16.9% in the third quarter, acquiring 320,074 shares for a total holding of 2.21 million shares, worth approximately $144.6 million.
• Institutional ownership remains significant at 63.81%, with several other funds recently establishing new positions in Vista Energy.
• Analysts maintain a generally positive outlook, with five Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of $83.44 versus the reported share price of $70.48.

Ninety One UK Ltd raised its stake in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 16.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,212,079 shares of the company's stock after acquiring an additional 320,074 shares during the period. Ninety One UK Ltd owned approximately 2.12% of Vista Energy worth $144,559,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Engineers Gate Manager LP bought a new stake in Vista Energy in the 2nd quarter worth about $2,303,000. Absolute Gestao de Investimentos Ltda. bought a new position in Vista Energy during the 2nd quarter valued at about $2,233,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Vista Energy during the 2nd quarter valued at about $2,120,000. RWC Asset Advisors US LLC purchased a new stake in shares of Vista Energy during the 2nd quarter valued at about $23,346,000. Finally, Breakout Capital Partners LP purchased a new stake in shares of Vista Energy during the 2nd quarter valued at about $18,591,000. 63.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VIST. Weiss Ratings lowered shares of Vista Energy from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, September 1st. JPMorgan Chase & Co. increased their price objective on shares of Vista Energy from $93.00 to $94.00 and gave the company an "overweight" rating in a research report on Tuesday, September 1st. Finally, Zacks Research raised shares of Vista Energy from a "strong sell" rating to a "hold" rating in a research report on Tuesday, September 29th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $83.44.

Vista Energy Stock Performance

NYSE VIST traded up $0.55 during trading hours on Thursday, hitting $70.48. 505,952 shares of the company's stock traded hands, compared to its average volume of 1,252,446. The business's fifty day moving average price is $70.10 and its two-hundred day moving average price is $69.43. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $7.35 billion, a P/E ratio of 9.28, a P/E/G ratio of 0.60 and a beta of 0.68. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 52 week low of $34.60 and a 52 week high of $81.44.

Vista Energy (NYSE:VIST - Get Free Report) last issued its quarterly earnings results on Friday, July 17th. The company reported $2.38 earnings per share 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 business 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 9.18 EPS for the current year.

Vista Energy Profile

Vista Energy, SAB. de C.V. is an independent energy company focused on the exploration, development and production of oil and natural gas. The company's portfolio is centered on unconventional resources, particularly shale oil and gas, and includes drilling, operating and developing upstream energy assets.

Vista's principal activities are concentrated in Argentina's Vaca Muerta formation, one of the world's major shale hydrocarbon regions. The company also has operations and assets in Mexico, giving it a presence in key Latin American energy markets.

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