SeaCrest Wealth Management LLC Has $811,000 Holdings in Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

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 increased its holdings in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 222.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the company. Belpointe Asset Management LLC purchased a new stake in Vista Energy during the 1st quarter valued at about $445,000. Goldman Sachs Group Inc. boosted its stake in shares of 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Vista Energy by 13.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 896,300 shares of the company's stock worth $41,732,000 after buying an additional 109,483 shares during the last quarter. Encompass Capital Advisors LLC boosted its stake in shares of Vista Energy by 24.4% in the first quarter. Encompass Capital Advisors LLC now owns 1,016,319 shares of the company's stock worth $47,320,000 after buying an additional 199,221 shares during the last quarter. Finally, Amundi purchased a new stake in shares of Vista Energy in the first quarter worth about $229,000. Hedge funds and other institutional investors own 63.81% of the company's stock.

Analyst Ratings Changes

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

Vista Energy Stock Performance

Shares of VIST traded up $1.42 during mid-day trading on Tuesday, reaching $37.93. 1,287,093 shares of the company's stock traded hands, compared to its average volume of 1,034,784. The business's 50-day moving average price is $40.85 and its 200-day moving average price is $44.91. The stock has a market capitalization of $3.61 billion, a P/E ratio of 6.85 and a beta of 1.10. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.41 and a current ratio of 0.41. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 12 month low of $31.63 and a 12 month high of $61.67.

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

About Vista Energy

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.