MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Increases Holdings in Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Vista Energy by 13.9%, owning approximately 896,300 shares valued at $41.7 million as of the end of the first quarter.
• UBS Group upgraded Vista Energy's stock from a "hold" to a "strong-buy" rating, reflecting positive sentiment from analysts with a consensus target price of $65.68.
• Vista Energy recently reported earnings per share (EPS) of $0.55, missing estimates by $1.60, while generating revenue of $610.54 million, surpassing expectations of $572.37 million.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 13.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 896,300 shares of the company's stock after purchasing an additional 109,483 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.94% of Vista Energy worth $41,732,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Oppenheimer & Co. Inc. increased its holdings in 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 purchasing an additional 632 shares during the period. SeaCrest Wealth Management LLC purchased a new position in Vista Energy during the 1st quarter valued at about $245,000. Amundi purchased a new position in Vista Energy during the 1st quarter valued at about $229,000. Heck Capital Advisors LLC purchased a new position in Vista Energy during the 4th quarter valued at about $348,000. Finally, Deutsche Bank AG increased its position in shares of Vista Energy by 9.6% during the first quarter. Deutsche Bank AG now owns 6,716 shares of the company's stock valued at $313,000 after buying an additional 590 shares during the period. Hedge funds and other institutional investors own 63.81% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on VIST. UBS Group upgraded shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 17th. Wall Street Zen upgraded shares of Vista Energy from a "sell" rating to a "hold" rating in a research report on Saturday, August 30th. Finally, Zacks Research raised Vista Energy from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 26th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $65.68.

Vista Energy Trading Down 2.0%

Shares of NYSE VIST opened at $38.16 on Friday. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 1 year low of $32.11 and a 1 year high of $61.67. The stock has a market cap of $3.63 billion, a P/E ratio of 6.88 and a beta of 1.10. The firm has a 50-day moving average of $43.40 and a 200 day moving average of $45.99. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.41 and a quick ratio of 0.41.

Vista Energy (NYSE:VIST - Get Free Report) last issued its quarterly earnings results on Thursday, July 10th. The company reported $0.55 earnings per share (EPS) 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 business had revenue of $610.54 million for the quarter, compared to analysts' expectations of $572.37 million. As a group, sell-side analysts expect that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current fiscal year.

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.

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