Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST Shares Bought by Ninety One North America Inc.

Key Points

• Ninety One North America Inc. increased its stake in Vista Energy by 35.4%, owning approximately 0.58% of the company valued at $26.2 million as of the latest SEC filing.
• Vista Energy's stock experienced a 3.0% decline, currently trading at $34.33 with a market capitalization of $3.27 billion and a 52-week range of $31.63 to $61.67.
• Wall Street analysts show a positive outlook on Vista Energy, with an average rating of "Buy" and a target price of $65.10 as several analysts upgraded the stock's rating recently.

Ninety One North America Inc. boosted its holdings in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 35.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 548,201 shares of the company's stock after purchasing an additional 143,249 shares during the period. Ninety One North America Inc. owned about 0.58% of Vista Energy worth $26,209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VIST. Wellington Management Group LLP acquired a new position in Vista Energy during the fourth quarter valued at $3,319,000. GAMMA Investing LLC raised its position in shares of Vista Energy by 2,999.6% in the first quarter. GAMMA Investing LLC now owns 66,208 shares of the company's stock worth $3,083,000 after acquiring an additional 64,072 shares during the period. Systrade AG acquired a new position in shares of Vista Energy in the first quarter worth about $566,000. SeaCrest Wealth Management LLC acquired a new position in shares of Vista Energy in the first quarter worth about $245,000. Finally, Insigneo Advisory Services LLC raised its position in shares of Vista Energy by 357.9% in the first quarter. Insigneo Advisory Services LLC now owns 60,253 shares of the company's stock worth $2,805,000 after acquiring an additional 47,095 shares during the period. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Vista Energy Stock Down 3.0%

VIST stock opened at $34.33 on Wednesday. The stock has a market capitalization of $3.27 billion, a P/E ratio of 6.19 and a beta of 1.10. The firm has a 50-day simple moving average of $39.90 and a 200-day simple moving average of $44.52. 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, S.A.B. de C.V. - Sponsored ADR has a 52 week low of $31.63 and a 52 week high of $61.67.

Vista Energy (NYSE:VIST - Get Free Report) last released its 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). The company had revenue of $610.54 million for the quarter, compared to analysts' expectations of $572.37 million. Vista Energy had a return on equity of 12.02% and a net margin of 29.12%. Equities analysts forecast that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 earnings per share for the current fiscal 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.

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