Northern Trust Corp Reduces Stock Holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Northern Trust Corp lessened its holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 81.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,470 shares of the company's stock after selling 33,178 shares during the quarter. Northern Trust Corp's holdings in Vista Energy were worth $404,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Principal Securities Inc. lifted its holdings in shares of Vista Energy by 16,166.7% during the fourth quarter. Principal Securities Inc. now owns 488 shares of the company's stock worth $26,000 after purchasing an additional 485 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Vista Energy by 40.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company's stock worth $83,000 after acquiring an additional 441 shares during the period. Legal & General Group Plc raised its holdings in shares of Vista Energy by 32.9% during the fourth quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock worth $123,000 after purchasing an additional 562 shares during the last quarter. O Shaughnessy Asset Management LLC acquired a new position in Vista Energy during the fourth quarter valued at $209,000. Finally, B. Metzler seel. Sohn & Co. AG acquired a new stake in Vista Energy during the 4th quarter worth about $213,000. Hedge funds and other institutional investors own 63.81% of the company's stock.

Analysts Set New Price Targets

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

Vista Energy Price Performance

VIST traded down $3.23 on Wednesday, reaching $47.95. 1,340,257 shares of the company's stock were exchanged, compared to its average volume of 890,935. Vista Energy, S.A.B. de C.V. has a twelve month low of $32.11 and a twelve month high of $61.67. The stock has a market cap of $4.56 billion, a PE ratio of 9.29, a P/E/G ratio of 0.83 and a beta of 1.03. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59. The stock's fifty day moving average price is $45.86 and its 200-day moving average price is $50.46.

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