Belpointe Asset Management LLC Buys Shares of 9,560 Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• Belpointe Asset Management LLC invested approximately $445,000 in Vista Energy, acquiring 9,560 shares, as per its recent 13F filing.
• Vista Energy has received multiple rating upgrades from analysts, with UBS Group raising its rating to "strong-buy" and an average price target of $65.68.
• Despite a reported earnings miss of $1.60, Vista Energy's revenue exceeded expectations, bringing in $610.54 million compared to an expected $572.37 million.

Belpointe Asset Management LLC bought a new position in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,560 shares of the company's stock, valued at approximately $445,000.

Several other large investors have also made changes to their positions in the company. Amundi purchased a new position in Vista Energy in the first quarter valued at about $229,000. Oppenheimer & Co. Inc. boosted its holdings in Vista Energy by 14.6% in the first quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company's stock valued at $230,000 after purchasing an additional 632 shares during the last quarter. SeaCrest Wealth Management LLC purchased a new position in Vista Energy in the first quarter valued at about $245,000. Deutsche Bank AG boosted its holdings in Vista Energy by 9.6% in the first quarter. Deutsche Bank AG now owns 6,716 shares of the company's stock valued at $313,000 after purchasing an additional 590 shares during the last quarter. Finally, Heck Capital Advisors LLC purchased a new position in Vista Energy in the fourth quarter valued at about $348,000. 63.81% of the stock is owned by hedge funds and other institutional investors.

Vista Energy Stock Down 3.1%

Vista Energy stock traded down $1.06 during midday trading on Friday, hitting $33.68. The stock had a trading volume of 2,063,139 shares, compared to its average volume of 1,338,130. 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 has a market cap of $3.21 billion, a P/E ratio of 6.07 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 business has a fifty day moving average price of $41.03 and a 200 day moving average price of $44.98.

Vista Energy (NYSE:VIST - Get Free Report) last announced its quarterly earnings data 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). Vista Energy had a net margin of 29.12% and a return on equity of 12.02%. The firm had revenue of $610.54 million during the quarter, compared to the consensus estimate of $572.37 million. Research analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on VIST. Zacks Research raised Vista Energy from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. Wall Street Zen raised Vista Energy from a "sell" rating to a "hold" rating in a report on Saturday, August 30th. Finally, UBS Group raised Vista Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 17th. 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 company's stock. According to data from MarketBeat, Vista Energy currently has an average rating of "Buy" and an average price target of $65.10.

About Vista Energy

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.