Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST) Shares Sold by Thornburg Investment Management Inc.

Key Points

• Thornburg Investment Management Inc. has reduced its stake in Vista Energy by 27.5%, selling 41,840 shares, and now holds approximately 0.12% of the company, valued at around $5.14 million.
• Several institutional investors have recently adjusted their positions in Vista Energy, with Tectonic Advisors LLC increasing its stake by 90.3%, now owning almost 234,000 shares.
• Analysts have a consensus rating of "Buy" for Vista Energy, with a target price of $65.68, following various upgrades from financial institutions including UBS Group.

Thornburg Investment Management Inc. trimmed its stake in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 27.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 110,312 shares of the company's stock after selling 41,840 shares during the period. Thornburg Investment Management Inc. owned 0.12% of Vista Energy worth $5,136,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VIST. Geode Capital Management LLC raised its stake in shares of 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 purchasing an additional 410 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of 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 during the last quarter. Oppenheimer & Co. Inc. increased its holdings in 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 increased its holdings in 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 grew its stake in shares of Vista Energy by 10.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 9,434 shares of the company's stock valued at $510,000 after acquiring an additional 897 shares in the last quarter. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have issued reports on VIST. Wall Street Zen raised shares of Vista Energy from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. UBS Group raised shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 17th. Finally, Pickering Energy Partners assumed coverage on shares of Vista Energy in a report on Monday, April 7th. They issued an "outperform" rating on the stock. 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $65.68.

Vista Energy Stock Performance

NYSE:VIST traded down $0.72 during mid-day trading on Wednesday, reaching $45.41. The company's stock had a trading volume of 1,213,015 shares, compared to its average volume of 986,832. The firm's fifty day moving average price is $48.34 and its two-hundred day moving average price is $48.55. The stock has a market cap of $4.32 billion, a P/E ratio of 8.18 and a beta of 1.00. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 12-month low of $32.11 and a 12-month high of $61.67. 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 (NYSE:VIST - Get Free Report) last posted 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 the consensus estimate of $572.37 million. Vista Energy had a net margin of 29.12% and a return on equity of 12.02%. On average, equities analysts forecast that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS 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.