Ninety One UK Ltd Acquires 63,834 Shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST)

Ninety One UK Ltd increased its stake in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 9.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 768,862 shares of the company's stock after buying an additional 63,834 shares during the quarter. Ninety One UK Ltd owned about 0.81% of Vista Energy worth $35,798,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Geode Capital Management LLC grew its position in Vista Energy by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 14,413 shares of the company's stock worth $780,000 after buying an additional 410 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of Vista Energy by 32.9% in the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock valued at $123,000 after purchasing an additional 562 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in shares of Vista Energy by 14.6% in 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 in the last quarter. Money Concepts Capital Corp boosted its holdings in shares of Vista Energy by 5.1% in the 1st quarter. Money Concepts Capital Corp now owns 16,896 shares of the company's stock valued at $787,000 after purchasing an additional 813 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Vista Energy by 10.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 9,434 shares of the company's stock valued at $510,000 after purchasing an additional 897 shares in the last quarter. Institutional investors and hedge funds own 63.81% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on VIST. Pickering Energy Partners began coverage on Vista Energy in a report on Monday, April 7th. They issued an "outperform" rating on the stock. UBS Group raised Vista Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 17th. Four investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $65.68.

Vista Energy Price Performance

Shares of NYSE VIST traded up $1.41 during mid-day trading on Tuesday, hitting $48.25. 846,026 shares of the stock traded hands, compared to its average volume of 893,513. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.91 and a quick ratio of 0.90. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a twelve month low of $32.11 and a twelve month high of $61.67. The company has a market cap of $4.59 billion, a PE ratio of 10.09, a price-to-earnings-growth ratio of 0.79 and a beta of 1.00. The firm has a 50 day simple moving average of $49.08 and a two-hundred day simple moving average of $49.60.

Vista Energy (NYSE:VIST - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The company reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.03). The firm had revenue of $420.80 million for the quarter, compared to analyst estimates of $472.61 million. Vista Energy had a net margin of 27.23% and a return on equity of 14.38%. As a group, equities research analysts forecast that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current fiscal 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.