Itau Unibanco Holding S.A. Sells 54,475 Shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST

Key Points

• Itau Unibanco Holding S.A. reduced its stake in Vista Energy by 31.1%, selling 54,475 shares, and now holds 120,695 shares valued at approximately $5.6 million.
• Analysts have mixed ratings on Vista Energy, with two analysts giving a Strong Buy rating, while others have rated it as Hold or Sell; the average target price is $65.68.
• Vista Energy reported a miss in quarterly earnings, with an EPS of $0.55 compared to estimates of $2.15, but exceeded revenue expectations with $610.54 million.

Itau Unibanco Holding S.A. lowered its holdings in shares of Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 31.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 120,695 shares of the company's stock after selling 54,475 shares during the quarter. Itau Unibanco Holding S.A. owned about 0.13% of Vista Energy worth $5,610,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of VIST. Driehaus Capital Management LLC grew its stake in Vista Energy by 10.9% in the 4th quarter. Driehaus Capital Management LLC now owns 1,185,669 shares of the company's stock valued at $64,157,000 after buying an additional 116,920 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in Vista Energy by 2,843.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,150,422 shares of the company's stock valued at $53,565,000 after buying an additional 1,111,341 shares during the last quarter. TT International Asset Management LTD grew its stake in Vista Energy by 19.7% in the 1st quarter. TT International Asset Management LTD now owns 969,521 shares of the company's stock valued at $45,141,000 after buying an additional 159,344 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Vista Energy in the 4th quarter worth $42,575,000. Finally, Ninety One UK Ltd grew its position in Vista Energy by 9.1% in the 1st quarter. Ninety One UK Ltd now owns 768,862 shares of the company's stock worth $35,798,000 after purchasing an additional 63,834 shares during the last quarter. Institutional investors own 63.81% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on VIST. Wall Street Zen upgraded shares of Vista Energy from a "sell" rating to a "hold" rating in a research report on Saturday. 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, UBS Group upgraded shares of Vista Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 17th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Vista Energy has a consensus rating of "Buy" and a consensus price target of $65.68.

Vista Energy Price Performance

Shares of Vista Energy stock traded down $0.54 during trading on Monday, hitting $38.97. 644,229 shares of the company's stock traded hands, compared to its average volume of 881,682. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.41 and a quick ratio of 0.41. The firm's fifty day moving average price is $44.45 and its 200 day moving average price is $46.41. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a twelve month low of $32.11 and a twelve month high of $61.67. The company has a market cap of $3.71 billion, a PE ratio of 7.02 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 the consensus estimate of $2.15 by ($1.60). Vista Energy had a net margin of 29.12% and a return on equity of 12.02%. The business had revenue of $610.54 million for the quarter, compared to analyst estimates of $572.37 million. Analysts forecast that Vista Energy, S.A.B. de C.V. - Sponsored ADR will post 5.74 earnings per share for the current 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.