Snowden Capital Advisors LLC Sells 19,745 Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Snowden Capital Advisors LLC lessened its holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 48.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,852 shares of the company's stock after selling 19,745 shares during the quarter. Snowden Capital Advisors LLC's holdings in Vista Energy were worth $1,128,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Vista Energy by 795.0% during the fourth quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company's stock valued at $123,604,000 after acquiring an additional 2,029,081 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Vista Energy in the 4th quarter valued at about $42,575,000. Cooper Creek Partners Management LLC bought a new stake in shares of Vista Energy in the 4th quarter valued at approximately $39,392,000. Ninety One UK Ltd bought a new stake in shares of Vista Energy in the 4th quarter valued at approximately $38,149,000. Finally, Ninety One North America Inc. bought a new stake in shares of Vista Energy in the 4th quarter valued at approximately $23,403,000. Institutional investors and hedge funds own 63.81% of the company's stock.

Vista Energy Stock Performance

Shares of VIST stock traded down $1.25 during trading hours on Wednesday, reaching $49.66. 563,915 shares of the company's stock were exchanged, compared to its average volume of 894,799. Vista Energy, S.A.B. de C.V. has a fifty-two week low of $32.11 and a fifty-two week high of $61.67. The stock has a market capitalization of $4.73 billion, a P/E ratio of 9.62, a P/E/G ratio of 0.83 and a beta of 1.02. The business has a fifty day moving average price of $45.42 and a 200-day moving average price of $50.39. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48.

Vista Energy (NYSE:VIST - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The company reported $0.79 EPS for the quarter, missing analysts' consensus estimates of $0.82 by ($0.03). The firm had revenue of $420.80 million during the quarter, compared to analyst estimates of $472.61 million. Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. Analysts predict that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on VIST. The Goldman Sachs Group began coverage on Vista Energy in a research report on Friday, February 21st. They set a "buy" rating and a $65.40 target price for the company. Pickering Energy Partners began coverage on Vista Energy in a research report on Monday, April 7th. They set an "outperform" rating for the company. UBS Group decreased their target price on Vista Energy from $64.00 to $57.00 and set a "neutral" rating for the company in a research report on Friday, May 16th. Finally, Citigroup raised Vista Energy from a "neutral" rating to a "buy" rating and set a $66.00 target price for the company in a research report on Thursday, February 13th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Vista Energy has an average rating of "Buy" and an average target price of $65.68.

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.