Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST Shares Acquired by SeaCrest Wealth Management LLC

Key Points

• SeaCrest Wealth Management LLC increased its stake in Vista Energy by 222.1%, acquiring an additional 11,694 shares, bringing its total holding to 16,960 shares worth $811,000.
• Vista Energy stock received multiple upgrades, with UBS Group raising its rating from "hold" to "strong-buy," while analysts maintain an average price target of $65.10.
• The company's latest earnings report showcased a miss on earnings per share, reporting $0.55 versus an expected $2.15, but achieved higher revenue of $610.54 million compared to estimates.

SeaCrest Wealth Management LLC lifted its position in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 222.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,960 shares of the company's stock after buying an additional 11,694 shares during the quarter. SeaCrest Wealth Management LLC's holdings in Vista Energy were worth $811,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Belpointe Asset Management LLC acquired a new position in Vista Energy during the first quarter worth about $445,000. Goldman Sachs Group Inc. increased its stake in shares of Vista Energy by 57.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company's stock worth $8,554,000 after purchasing an additional 67,189 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Vista Energy by 13.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 896,300 shares of the company's stock worth $41,732,000 after purchasing an additional 109,483 shares during the last quarter. Encompass Capital Advisors LLC lifted its stake in Vista Energy by 24.4% in the 1st quarter. Encompass Capital Advisors LLC now owns 1,016,319 shares of the company's stock valued at $47,320,000 after buying an additional 199,221 shares in the last quarter. Finally, Amundi purchased a new stake in Vista Energy in the 1st quarter valued at approximately $229,000. 63.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on VIST. UBS Group upgraded Vista Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 17th. Zacks Research raised shares of Vista Energy from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 26th. Finally, Wall Street Zen upgraded shares of Vista Energy from a "sell" rating to a "hold" rating in a report on Saturday, August 30th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Vista Energy presently has an average rating of "Buy" and an average price target of $65.10.

Vista Energy Trading Down 3.1%

Shares of NYSE VIST opened at $33.68 on Friday. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.89. The stock's 50 day moving average price is $41.03 and its two-hundred day moving average price is $44.97. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 52-week low of $31.63 and a 52-week high of $61.67. The stock has a market capitalization of $3.21 billion, a P/E ratio of 6.07 and a beta of 1.10.

Vista Energy (NYSE:VIST - Get Free Report) last issued its earnings results on Thursday, July 10th. The company reported $0.55 earnings per share for the quarter, missing analysts' consensus estimates of $2.15 by ($1.60). The business had revenue of $610.54 million for the quarter, compared to analyst estimates of $572.37 million. Vista Energy had a return on equity of 12.02% and a net margin of 29.12%. On average, analysts anticipate that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 earnings per share for the current fiscal year.

Vista Energy Company 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.

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