ABS Direct Equity Fund LLC Purchases New Holdings in Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• ABS Direct Equity Fund LLC has acquired a new stake in Vista Energy, S.A.B. de C.V., purchasing 20,000 shares valued at approximately $956,000, making Vista Energy its 24th largest holding.
• Vista Energy recently reported earnings per share of $0.55 for the last quarter, falling short of analyst expectations, while its revenue was above estimates at $610.54 million.
• Analysts have upgraded Vista Energy, with UBS Group changing its rating from "hold" to "strong-buy", and the stock now has an average rating of "Buy" with a consensus target price of $65.10.

ABS Direct Equity Fund LLC bought a new position in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 20,000 shares of the company's stock, valued at approximately $956,000. Vista Energy comprises 1.5% of ABS Direct Equity Fund LLC's holdings, making the stock its 24th largest holding.

A number of other large investors also recently bought and sold shares of the company. Amundi acquired a new stake in shares of Vista Energy during the 1st quarter valued at approximately $229,000. Oppenheimer & Co. Inc. raised its position in shares of Vista Energy by 14.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company's stock valued at $230,000 after acquiring an additional 632 shares in the last quarter. SeaCrest Wealth Management LLC acquired a new stake in shares of Vista Energy during the 1st quarter valued at approximately $245,000. Deutsche Bank AG raised its position in shares of Vista Energy by 9.6% during the 1st quarter. Deutsche Bank AG now owns 6,716 shares of the company's stock valued at $313,000 after acquiring an additional 590 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Vista Energy by 82.0% during the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company's stock valued at $439,000 after acquiring an additional 4,246 shares in the last quarter. Institutional investors own 63.81% of the company's stock.

Vista Energy Trading Down 2.2%

Shares of NYSE VIST opened at $36.20 on Friday. The company has a market cap of $3.45 billion, a price-to-earnings ratio of 6.52 and a beta of 1.10. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 12-month low of $31.63 and a 12-month high of $61.67. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.89. The stock's 50 day simple moving average is $40.23 and its 200 day simple moving average is $44.73.

Vista Energy (NYSE:VIST - Get Free Report) last announced its earnings results on Thursday, July 10th. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $2.15 by ($1.60). The business had revenue of $610.54 million for the quarter, compared to the consensus estimate of $572.37 million. Vista Energy had a net margin of 29.12% and a return on equity of 12.02%. Equities research analysts expect that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current year.

Analyst Ratings Changes

VIST has been the topic of several research reports. UBS Group raised Vista Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 17th. Wall Street Zen raised Vista Energy from a "sell" rating to a "hold" rating in a report on Saturday, August 30th. Finally, Zacks Research raised Vista Energy from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Vista Energy currently has an average rating of "Buy" and a consensus target price of $65.10.

Vista Energy Profile

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.