Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST Shares Sold by Vident Advisory LLC

Key Points

• Vident Advisory LLC has decreased its stake in Vista Energy by 41.9%, now holding 24,026 shares valued at approximately $1.12 million.
• Multiple hedge funds increased their positions in Vista Energy, with Ameriprise Financial Inc. raising its stake by an astonishing 795.7%.
• Vista Energy's stock has received upgrades from several analysts, with a consensus rating of Buy and an average target price of $65.68, despite recent stock performance showing a 2.6% decline.

Vident Advisory LLC trimmed its position in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 41.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,026 shares of the company's stock after selling 17,326 shares during the period. Vident Advisory LLC's holdings in Vista Energy were worth $1,119,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Oppenheimer & Co. Inc. boosted its stake in shares of 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. SeaCrest Wealth Management LLC bought a new stake in Vista Energy in the first quarter valued at approximately $245,000. Deutsche Bank AG raised its position in shares of Vista Energy by 9.6% during the first quarter. Deutsche Bank AG now owns 6,716 shares of the company's stock worth $313,000 after purchasing an additional 590 shares during the period. Heck Capital Advisors LLC bought a new position in shares of Vista Energy during the 4th quarter worth $348,000. Finally, Fred Alger Management LLC raised its holdings in shares of Vista Energy by 9,914.6% in the 4th quarter. Fred Alger Management LLC now owns 8,212 shares of the company's stock valued at $444,000 after acquiring an additional 8,130 shares in the last quarter. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Wall Street Zen upgraded Vista Energy from a "sell" rating to a "hold" rating in a research note on Saturday, August 30th. Zacks Research raised Vista Energy from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. Finally, UBS Group upgraded Vista Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 17th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $65.68.

Vista Energy Stock Performance

VIST stock traded down $2.86 during trading hours on Monday, reaching $35.22. The stock had a trading volume of 4,202,416 shares, compared to its average volume of 1,001,398. The stock has a market capitalization of $3.35 billion, a PE ratio of 6.34 and a beta of 1.10. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.41 and a quick ratio of 0.41. The stock has a 50-day simple moving average of $43.40 and a 200 day simple moving average of $45.93. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a fifty-two week low of $31.63 and a fifty-two week high of $61.67.

Vista Energy (NYSE:VIST - Get Free Report) last posted its quarterly earnings results on Thursday, July 10th. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $2.15 by ($1.60). The company 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%. Analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current fiscal 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.