Truffle Hound Capital LLC Acquires 25,000 Shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST)

Key Points

• Truffle Hound Capital LLC significantly increased its stake in Vista Energy by 166.7%, owning 40,000 shares after acquiring an additional 25,000 shares in the first quarter.
• Vista Energy received multiple analyst upgrades, notably from UBS Group, which raised its rating from "hold" to "strong-buy", while the stock currently has a consensus rating of "Buy" and a target price of $65.68.
• Despite reporting earnings of $0.55 per share, Vista Energy missed the consensus estimate of $2.15, prompting concerns as its shares opened down 2.6% at $43.55.

Truffle Hound Capital LLC boosted its holdings in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 166.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 40,000 shares of the company's stock after acquiring an additional 25,000 shares during the period. Truffle Hound Capital LLC's holdings in Vista Energy were worth $1,862,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of VIST. Legal & General Group Plc raised its stake 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 valued at $123,000 after purchasing an additional 562 shares during the period. O Shaughnessy Asset Management LLC acquired a new stake in shares of Vista Energy during the fourth quarter worth approximately $209,000. B. Metzler seel. Sohn & Co. AG acquired a new stake in shares of Vista Energy during the fourth quarter worth approximately $213,000. Arete Wealth Advisors LLC acquired a new stake in shares of Vista Energy during the fourth quarter worth approximately $218,000. Finally, Oppenheimer & Co. Inc. grew its position in shares of Vista Energy by 14.6% during the first 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. 63.81% of the stock is owned by institutional investors and hedge funds.

Vista Energy Stock Performance

Shares of VIST stock traded up $0.57 during trading hours on Wednesday, reaching $45.51. 506,155 shares of the company's stock were exchanged, compared to its average volume of 978,765. The business has a fifty day moving average price of $47.85 and a 200-day moving average price of $48.08. Vista Energy, S.A.B. de C.V. - Sponsored ADR 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 $4.33 billion, a P/E ratio of 8.19 and a beta of 0.97. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.89.

Vista Energy (NYSE:VIST - Get Free Report) last released its quarterly 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). Vista Energy had a return on equity of 12.02% and a net margin of 29.12%. The business had revenue of $610.54 million for the quarter, compared to analyst estimates of $572.37 million. Analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VIST has been the subject of a number of research reports. 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 report on Tuesday, June 17th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $65.68.

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.