Gemsstock Ltd. Acquires 76,734 Shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST)

Key Points

• Gemsstock Ltd. increased its investment in Vista Energy, S.A.B. de C.V. by 38% in the first quarter, now holding shares worth approximately $12.96 million, which represents 4.9% of Gemsstock's portfolio.
• Vista Energy reported a quarterly EPS of $0.55, missing expectations by $1.60, but had revenues of $610.54 million, exceeding forecasted revenue estimates.
• UBS Group upgraded Vista Energy's stock rating from "hold" to "strong buy," while analysts maintain a consensus rating of "buy" with an average target price of $65.68.

Gemsstock Ltd. raised its holdings in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 38.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 278,402 shares of the company's stock after acquiring an additional 76,734 shares during the period. Vista Energy makes up 4.9% of Gemsstock Ltd.'s investment portfolio, making the stock its 11th largest position. Gemsstock Ltd. owned about 0.29% of Vista Energy worth $12,962,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC grew its position in Vista Energy by 55.8% during the 4th quarter. LPL Financial LLC now owns 14,794 shares of the company's stock worth $801,000 after acquiring an additional 5,298 shares during the last quarter. O Shaughnessy Asset Management LLC bought a new position in Vista Energy during the 4th quarter worth approximately $209,000. Geode Capital Management LLC grew its position in Vista Energy by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 14,413 shares of the company's stock worth $780,000 after acquiring an additional 410 shares during the last quarter. Wells Fargo & Company MN grew its position in Vista Energy by 44.6% during the 4th quarter. Wells Fargo & Company MN now owns 50,311 shares of the company's stock worth $2,722,000 after acquiring an additional 15,509 shares during the last quarter. Finally, Federated Hermes Inc. bought a new position in Vista Energy during the 4th quarter worth approximately $658,000. Hedge funds and other institutional investors own 63.81% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on VIST shares. UBS Group upgraded Vista Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 17th. Wall Street Zen cut Vista Energy from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. One analyst has rated the stock with a sell rating, four have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $65.68.

Vista Energy Stock Up 0.0%

Shares of VIST traded up $0.02 on Friday, reaching $41.44. The stock had a trading volume of 550,865 shares, compared to its average volume of 1,053,723. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 7.47 and a beta of 0.97. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.41 and a current ratio of 0.41. The company has a 50-day simple moving average of $46.80 and a 200-day simple moving average of $47.40. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 12-month low of $32.11 and a 12-month high of $61.67.

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

Vista Energy Company 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.