Ping Capital Management Inc. Invests $1.40 Million in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST)

Ping Capital Management Inc. acquired a new stake in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,100 shares of the company's stock, valued at approximately $1,401,000. Vista Energy comprises about 0.5% of Ping Capital Management Inc.'s portfolio, making the stock its 20th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of Vista Energy during the 4th quarter valued at about $907,000. Avantax Advisory Services Inc. bought a new stake in shares of Vista Energy during the 4th quarter valued at about $396,000. Commonwealth Equity Services LLC boosted its stake in shares of Vista Energy by 10.5% during 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. Quantbot Technologies LP bought a new stake in shares of Vista Energy during the 4th quarter valued at about $807,000. Finally, Truffle Hound Capital LLC bought a new stake in shares of Vista Energy during the 4th quarter valued at about $812,000. 63.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on VIST shares. UBS Group raised shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 17th. Pickering Energy Partners started coverage on shares of Vista Energy in a research note on Monday, April 7th. They set an "outperform" rating on the stock. Finally, Wall Street Zen raised shares of Vista Energy from a "sell" rating to a "hold" rating in a research note on Sunday. One research analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Vista Energy has an average rating of "Buy" and a consensus price target of $65.68.

Vista Energy Stock Down 2.5%

VIST traded down $1.12 during midday trading on Monday, reaching $43.44. The company's stock had a trading volume of 303,935 shares, compared to its average volume of 912,063. The firm has a market capitalization of $4.14 billion, a price-to-earnings ratio of 7.84 and a beta of 1.00. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.89. 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's 50-day moving average is $49.28 and its 200-day moving average is $49.09.

Vista Energy (NYSE:VIST - Get Free Report) last announced its quarterly earnings data 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). The business had revenue of $610.54 million during the quarter, compared to analysts' expectations of $572.37 million. Vista Energy had a return on equity of 12.02% and a net margin of 29.12%. As a group, research analysts expect that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current year.

Vista Energy 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.