Gemsstock Ltd. Purchases 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 position in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 38.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 278,402 shares of the company's stock after purchasing an additional 76,734 shares during the quarter. Vista Energy makes up approximately 4.9% of Gemsstock Ltd.'s holdings, making the stock its 11th biggest position. Gemsstock Ltd. owned about 0.29% of Vista Energy worth $12,962,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Driehaus Capital Management LLC lifted its holdings in Vista Energy by 10.9% in the 4th quarter. Driehaus Capital Management LLC now owns 1,185,669 shares of the company's stock worth $64,157,000 after purchasing an additional 116,920 shares during the last quarter. TT International Asset Management LTD raised its stake in Vista Energy by 19.7% during the 1st quarter. TT International Asset Management LTD now owns 969,521 shares of the company's stock valued at $45,141,000 after purchasing an additional 159,344 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Vista Energy in the fourth quarter valued at $42,575,000. Ninety One UK Ltd boosted its holdings in Vista Energy by 9.1% during the first quarter. Ninety One UK Ltd now owns 768,862 shares of the company's stock valued at $35,798,000 after purchasing an additional 63,834 shares in the last quarter. Finally, Brevan Howard Capital Management LP grew its stake in shares of Vista Energy by 119.9% in the 4th quarter. Brevan Howard Capital Management LP now owns 497,164 shares of the company's stock valued at $27,011,000 after purchasing an additional 271,122 shares during the period. Hedge funds and other institutional investors own 63.81% of the company's stock.

Vista Energy Stock Down 4.0%

VIST stock traded down $1.72 during mid-day trading on Thursday, reaching $41.42. The company had a trading volume of 1,180,609 shares, compared to its average volume of 978,367. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.41 and a quick ratio of 0.41. The stock has a 50 day simple moving average of $47.11 and a two-hundred day simple moving average of $47.57. The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 7.46 and a beta of 0.97. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 52 week low of $32.11 and a 52 week high of $61.67.

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

Analyst Upgrades and Downgrades

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

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.