Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST Shares Sold by Russell Investments Group Ltd.

Key Points

• Russell Investments Group Ltd. has reduced its stake in Vista Energy by 18.7%, holding 214,157 shares valued at approximately $9.97 million after selling 49,199 shares in the first quarter.
• Vista Energy recently reported an EPS of $0.55 for the quarter, significantly missing estimates of $2.15, but its revenue of $610.54 million exceeded expectations.
• The consensus analyst rating for Vista Energy is currently "Buy", with an average target price of $65.68, despite a recent downgrade by Wall Street Zen to a "sell".

Russell Investments Group Ltd. trimmed its holdings in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 18.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 214,157 shares of the company's stock after selling 49,199 shares during the quarter. Russell Investments Group Ltd. owned about 0.22% of Vista Energy worth $9,971,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VIST. UBS Group upgraded shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 17th. Wall Street Zen downgraded shares of Vista Energy from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to data from MarketBeat.com, Vista Energy presently has a consensus rating of "Buy" and a consensus price target of $65.68.

Vista Energy Trading Down 0.4%

VIST traded down $0.1470 during mid-day trading on Friday, hitting $40.3430. 1,068,765 shares of the stock were exchanged, compared to its average volume of 970,703. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.89. The firm's fifty day moving average is $45.69 and its two-hundred day moving average is $46.85. The company has a market cap of $3.84 billion, a PE ratio of 7.27 and a beta of 0.97. 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.

Vista Energy (NYSE:VIST - Get Free Report) last issued its 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). The firm had revenue of $610.54 million for the quarter, compared to analyst estimates of $572.37 million. Vista Energy had a return on equity of 12.02% and a net margin of 29.12%. Equities analysts forecast that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 earnings per share 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.