Ninety One UK Ltd Buys 568,955 Shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• Ninety One UK Ltd has increased its stake in Vista Energy by 74.0% in the second quarter, acquiring an additional 568,955 shares, bringing their total ownership to over 1.3 million shares valued at approximately $63.96 million.
• Vista Energy reported a net margin of 29.12% for the last quarter, with revenues of $610.54 million, exceeding analyst expectations of $572.37 million.
• Recent analyst ratings show a shift in sentiment, with UBS upgrading Vista Energy from a "hold" to a "strong-buy", reflecting increased confidence in the company's prospects.

Ninety One UK Ltd increased its position in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 74.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,337,817 shares of the company's stock after purchasing an additional 568,955 shares during the quarter. Ninety One UK Ltd owned 1.41% of Vista Energy worth $63,961,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Amundi acquired a new position in shares of Vista Energy in the 1st quarter valued at approximately $229,000. Oppenheimer & Co. Inc. increased its stake 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 acquiring an additional 632 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new position in Vista Energy during the first quarter valued at approximately $245,000. Deutsche Bank AG raised its position in 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 purchasing an additional 590 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in Vista Energy by 82.0% during the first quarter. Royal Bank of Canada now owns 9,424 shares of the company's stock worth $439,000 after purchasing an additional 4,246 shares during the last quarter. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Vista Energy Price Performance

Shares of VIST opened at $34.33 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.89. The stock has a market cap of $3.27 billion, a PE ratio of 6.19 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 50-day simple moving average of $39.90 and a two-hundred day simple moving average of $44.52.

Vista Energy (NYSE:VIST - Get Free Report) last announced its quarterly 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). 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 for the quarter, compared to analyst estimates of $572.37 million. Analysts anticipate that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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