Fred Alger Management LLC Buys 8,130 Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Fred Alger Management LLC increased its stake in Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 9,914.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,212 shares of the company's stock after purchasing an additional 8,130 shares during the period. Fred Alger Management LLC's holdings in Vista Energy were worth $444,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VIST. Principal Securities Inc. raised its position in shares of Vista Energy by 16,166.7% during the fourth quarter. Principal Securities Inc. now owns 488 shares of the company's stock worth $26,000 after acquiring an additional 485 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Vista Energy by 40.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company's stock worth $83,000 after purchasing an additional 441 shares during the last quarter. Legal & General Group Plc lifted its position in Vista Energy by 32.9% during the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company's stock valued at $123,000 after purchasing an additional 562 shares during the period. O Shaughnessy Asset Management LLC bought a new position in shares of Vista Energy in the 4th quarter valued at about $209,000. Finally, B. Metzler seel. Sohn & Co. AG acquired a new stake in shares of Vista Energy during the 4th quarter worth approximately $213,000. Institutional investors and hedge funds own 63.81% of the company's stock.

Wall Street Analysts Forecast Growth

VIST has been the subject of a number of analyst reports. Citigroup raised shares of Vista Energy from a "neutral" rating to a "buy" rating and set a $66.00 target price for the company in a report on Thursday, February 13th. Pickering Energy Partners started coverage on Vista Energy in a report on Monday, April 7th. They issued an "outperform" rating for the company. Finally, The Goldman Sachs Group started coverage on Vista Energy in a report on Friday, February 21st. They set a "buy" rating and a $65.40 target price on the stock. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $67.08.

Vista Energy Stock Up 1.6 %

NYSE:VIST opened at $47.33 on Friday. Vista Energy, S.A.B. de C.V. has a 1 year low of $32.11 and a 1 year high of $61.67. The stock has a 50-day moving average price of $44.64 and a two-hundred day moving average price of $50.39. The stock has a market cap of $4.51 billion, a price-to-earnings ratio of 9.17, a PEG ratio of 0.83 and a beta of 1.02. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48.

Vista Energy (NYSE:VIST - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The company reported $0.79 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by ($0.03). Vista Energy had a return on equity of 30.06% and a net margin of 34.78%. The business had revenue of $420.80 million for the quarter, compared to the consensus estimate of $472.61 million. As a group, equities analysts expect that Vista Energy, S.A.B. de C.V. 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.

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