Bank of America Corp DE Sells 37,529 Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Bank of America Corp DE trimmed its holdings in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 47.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,901 shares of the company's stock after selling 37,529 shares during the quarter. Bank of America Corp DE's holdings in Vista Energy were worth $2,213,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. William Blair Investment Management LLC increased its position in shares of Vista Energy by 27.8% during the fourth quarter. William Blair Investment Management LLC now owns 1,022,172 shares of the company's stock valued at $55,307,000 after acquiring an additional 222,165 shares during the last quarter. US Bancorp DE purchased a new stake in shares of Vista Energy during the fourth quarter valued at approximately $1,019,000. Aubrey Capital Management Ltd purchased a new stake in shares of Vista Energy during the fourth quarter valued at approximately $498,000. Gemsstock Ltd. purchased a new stake in shares of Vista Energy during the fourth quarter valued at approximately $10,912,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Vista Energy during the fourth quarter valued at approximately $907,000. 63.81% of the stock is owned by hedge funds and other institutional investors.

Vista Energy Stock Performance

Shares of Vista Energy stock traded down $3.23 during trading hours on Wednesday, reaching $47.95. The company had a trading volume of 1,340,257 shares, compared to its average volume of 892,939. Vista Energy, S.A.B. de C.V. has a one year low of $32.11 and a one year high of $61.67. The business has a fifty day simple moving average of $45.85 and a 200 day simple moving average of $50.47. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market cap of $4.56 billion, a PE ratio of 9.29, a price-to-earnings-growth ratio of 0.83 and a beta of 1.02.

Vista Energy (NYSE:VIST - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.79 EPS for the quarter, missing analysts' consensus estimates of $0.82 by ($0.03). Vista Energy had a return on equity of 30.06% and a net margin of 34.78%. The company had revenue of $420.80 million during the quarter, compared to the consensus estimate of $472.61 million. On average, analysts anticipate that Vista Energy, S.A.B. de C.V. will post 5.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on VIST. Citigroup raised Vista Energy from a "neutral" rating to a "buy" rating and set a $66.00 target price for the company in a research report on Thursday, February 13th. UBS Group decreased their target price on Vista Energy from $64.00 to $57.00 and set a "neutral" rating for the company in a research report on Friday, May 16th. The Goldman Sachs Group began coverage on Vista Energy in a research report on Friday, February 21st. They issued a "buy" rating and a $65.40 target price for the company. Finally, Pickering Energy Partners began coverage on Vista Energy in a research report on Monday, April 7th. They issued an "outperform" rating for the company. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Vista Energy currently has a consensus rating of "Buy" and an average price target of $65.68.

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.