Carrhae Capital LLP Boosts Stock Position in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Carrhae Capital LLP increased its stake in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 20.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 830,212 shares of the company’s stock after purchasing an additional 141,807 shares during the quarter. Vista Energy comprises about 1.5% of Carrhae Capital LLP’s holdings, making the stock its 22nd largest position. Carrhae Capital LLP’s holdings in Vista Energy were worth $40,398,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. HighTower Advisors LLC purchased a new position in Vista Energy during the 4th quarter valued at about $223,000. DNB Asset Management AS purchased a new stake in Vista Energy in the 4th quarter worth approximately $9,604,000. Money Concepts Capital Corp boosted its holdings in Vista Energy by 53.5% in the 4th quarter. Money Concepts Capital Corp now owns 40,556 shares of the company’s stock valued at $1,973,000 after purchasing an additional 14,139 shares during the period. Truist Financial Corp purchased a new position in shares of Vista Energy during the 4th quarter valued at $284,000. Finally, Advisors Preferred LLC bought a new position in shares of Vista Energy in the fourth quarter worth $661,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Weiss Ratings raised Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. JPMorgan Chase & Co. lifted their price target on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Bank of America initiated coverage on shares of Vista Energy in a research report on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price objective on the stock. Zacks Research upgraded shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, UBS Group increased their price target on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. Based on data from MarketBeat.com, Vista Energy currently has a consensus rating of “Buy” and a consensus target price of $80.30.

Vista Energy Stock Down 0.1%

Shares of NYSE VIST opened at $75.47 on Friday. The stock has a market capitalization of $7.87 billion, a P/E ratio of 11.03, a PEG ratio of 0.32 and a beta of 0.63. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a one year low of $31.63 and a one year high of $81.44. The firm’s 50 day simple moving average is $70.12 and its two-hundred day simple moving average is $58.26. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.77 and a quick ratio of 0.76.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.53). Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. The business had revenue of $865.01 million during the quarter, compared to analysts’ expectations of $708.61 million. As a group, analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 12.91 EPS for the current fiscal year.

Vista Energy Profile

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.