Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST Position Lessened by Activest Wealth Management

Key Points

• Activest Wealth Management cut its stake in Vista Energy by 67.4% in Q4 to 6,679 shares worth $325,000, while other institutions (including Goldman Sachs, RBC and Amundi) added or initiated positions, leaving institutional ownership at 63.81%.
• Vista Energy reported Q1 EPS of $0.89, missing estimates of $1.58 but beating revenue forecasts with $865.01 million and posting a 29.06% net margin and 15.65% return on equity.
• VIST shares opened at $74.63 (up 2.1%), the company has a market cap of $7.78 billion and a PE of 11.17, and analysts maintain an overall Buy consensus with an average price target of $73.80 and several recent target upgrades (JPMorgan to $89, BofA to $88).

Activest Wealth Management decreased its position in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 67.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,679 shares of the company's stock after selling 13,787 shares during the period. Activest Wealth Management's holdings in Vista Energy were worth $325,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of VIST. Royal Bank of Canada lifted its holdings in shares of Vista Energy by 82.0% during the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company's stock valued at $439,000 after buying an additional 4,246 shares during the last quarter. Amundi acquired a new position in Vista Energy in the first quarter worth approximately $229,000. Goldman Sachs Group Inc. increased its holdings in Vista Energy by 57.7% in the first quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company's stock worth $8,554,000 after buying an additional 67,189 shares during the last quarter. Geode Capital Management LLC raised its position in Vista Energy by 11.6% during the second quarter. Geode Capital Management LLC now owns 16,665 shares of the company's stock valued at $797,000 after acquiring an additional 1,731 shares in the last quarter. Finally, Cetera Investment Advisers bought a new position in Vista Energy during the second quarter valued at approximately $506,000. 63.81% of the stock is owned by institutional investors and hedge funds.

Vista Energy Trading Up 2.1%

Shares of VIST stock opened at $74.63 on Thursday. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 12 month low of $31.63 and a 12 month high of $79.20. The company has a market cap of $7.78 billion, a PE ratio of 11.17, a price-to-earnings-growth ratio of 0.19 and a beta of 0.72. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.12. The business's 50 day moving average is $66.22 and its two-hundred day moving average is $54.95.

Vista Energy (NYSE:VIST - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $1.58 by ($0.69). The firm had revenue of $865.01 million during the quarter, compared to analyst estimates of $732.28 million. Vista Energy had a return on equity of 15.65% and a net margin of 29.06%. Equities analysts predict that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 13.56 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on VIST. Weiss Ratings raised shares of Vista Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, March 13th. JPMorgan Chase & Co. raised their price target on shares of Vista Energy from $69.00 to $89.00 and gave the company an "overweight" rating in a report on Wednesday. Zacks Research raised shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday. UBS Group raised shares of Vista Energy from a "neutral" rating to a "buy" rating and increased their target price for the stock from $50.00 to $65.00 in a research report on Sunday, January 11th. Finally, Bank of America assumed coverage on Vista Energy in a report on Wednesday, February 4th. They set a "buy" rating and a $88.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. Based on data from MarketBeat.com, Vista Energy presently has an average rating of "Buy" and a consensus price target of $73.80.

Vista Energy Company Profile

Vista Energy NYSE: VIST is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.

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