Vista Energy, S.A.B. de C.V. - Sponsored ADR $VIST Stock: RWC Asset Advisors US LLC Raises Position

Key Points

• RWC Asset Advisors increased its Vista Energy stake by 24.5% in the third quarter, owning 455,705 shares valued at approximately $29.8 million. Institutional investors collectively own 63.81% of the company.
• Analyst sentiment is generally positive: five analysts rate Vista Energy a Buy and one rates it Hold, resulting in a “Moderate Buy” consensus and an average price target of $83.44.
• Vista Energy shares recently traded at $74.88, near their 52-week high of $81.44, with an $8.28 billion market capitalization and a price-to-earnings ratio of 9.87.

RWC Asset Advisors US LLC raised its stake in Vista Energy, S.A.B. de C.V. - Sponsored ADR (NYSE:VIST - Free Report) by 24.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 455,705 shares of the company's stock after purchasing an additional 89,776 shares during the period. Vista Energy comprises 7.9% of RWC Asset Advisors US LLC's investment portfolio, making the stock its 6th biggest position. RWC Asset Advisors US LLC owned approximately 0.41% of Vista Energy worth $29,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Ninety One UK Ltd raised its holdings in Vista Energy by 16.9% in the third quarter. Ninety One UK Ltd now owns 2,212,079 shares of the company's stock valued at $144,559,000 after acquiring an additional 320,074 shares in the last quarter. Lazard Asset Management LLC acquired a new position in Vista Energy during the 1st quarter worth approximately $102,610,000. Cape Ann Asset Management Ltd increased its position in shares of Vista Energy by 35.1% in the 1st quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company's stock valued at $70,326,000 after purchasing an additional 241,942 shares during the last quarter. Bank of America Corp DE increased its position in shares of Vista Energy by 824.7% in the 1st quarter. Bank of America Corp DE now owns 928,394 shares of the company's stock valued at $70,066,000 after purchasing an additional 827,997 shares during the last quarter. Finally, Ninety One North America Inc. raised its holdings in shares of Vista Energy by 1.4% in the 3rd quarter. Ninety One North America Inc. now owns 661,195 shares of the company's stock valued at $43,209,000 after purchasing an additional 9,167 shares in the last quarter. Hedge funds and other institutional investors own 63.81% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on VIST. Zacks Research raised shares of Vista Energy from a "strong sell" rating to a "hold" rating in a research report on Tuesday, September 29th. Weiss Ratings upgraded Vista Energy from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, October 16th. Finally, JPMorgan Chase & Co. lifted their price target on Vista Energy from $93.00 to $94.00 and gave the stock an "overweight" rating in a report on Tuesday, September 1st. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Vista Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of $83.44.

Vista Energy Stock Performance

Shares of NYSE:VIST traded up $4.27 during midday trading on Friday, hitting $74.88. The stock had a trading volume of 1,263,416 shares, compared to its average volume of 857,852. The company has a market capitalization of $8.28 billion, a PE ratio of 9.87, a P/E/G ratio of 0.61 and a beta of 0.68. Vista Energy, S.A.B. de C.V. - Sponsored ADR has a 1 year low of $39.28 and a 1 year high of $81.44. The stock has a 50 day moving average price of $70.78 and a two-hundred day moving average price of $69.38. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84.

About Vista Energy

Vista Energy, SAB. de C.V. is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company's operations are centered on Argentina's Vaca Muerta shale formation, where it develops unconventional oil and natural gas resources. Its products include crude oil, natural gas and natural gas liquids.

Vista was established in 2017 by Miguel Galuccio, who previously served as chief executive officer of YPF. The company was created to pursue upstream oil and gas opportunities in Latin America and subsequently built its principal operating position in Argentina.

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