Russell Investments Group Ltd. Reduces Holdings in Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

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. cut its holdings in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 18.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 0.22% of Vista Energy worth $9,971,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Legal & General Group Plc lifted its holdings in Vista Energy by 32.9% during the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock worth $123,000 after buying an additional 562 shares in the last quarter. Oppenheimer & Co. Inc. lifted 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 worth $230,000 after buying an additional 632 shares in the last quarter. SeaCrest Wealth Management LLC acquired a new stake in Vista Energy during the 1st quarter worth approximately $245,000. Deutsche Bank AG lifted its holdings in Vista Energy by 9.6% during the 1st quarter. Deutsche Bank AG now owns 6,716 shares of the company's stock worth $313,000 after buying an additional 590 shares in the last quarter. Finally, Heck Capital Advisors LLC acquired a new stake in Vista Energy during the 4th quarter worth approximately $348,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Vista Energy Stock Up 0.4%

Shares of VIST traded up $0.1550 during midday trading on Thursday, reaching $40.3850. The stock had a trading volume of 689,570 shares, compared to its average volume of 985,852. 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 company's fifty day simple moving average is $46.19 and its two-hundred day simple moving average is $47.11. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 18.98 and a beta of 0.97. 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 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). 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 during the quarter, compared to analyst estimates of $572.37 million. Equities research analysts expect that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 earnings per share for the current year.

Analyst Ratings Changes

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

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.