Carrhae Capital LLP Purchases 141,807 Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Carrhae Capital LLP lifted its holdings 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 filing with the Securities and Exchange Commission. The institutional investor owned 830,212 shares of the company’s stock after acquiring an additional 141,807 shares during the period. Vista Energy makes up approximately 1.5% of Carrhae Capital LLP’s portfolio, making the stock its 22nd biggest position. Carrhae Capital LLP owned approximately 0.80% of Vista Energy worth $40,398,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Ping Capital Management Inc. increased its holdings in Vista Energy by 266.6% in the third quarter. Ping Capital Management Inc. now owns 123,900 shares of the company’s stock worth $4,262,000 after purchasing an additional 90,100 shares in the last quarter. Capital World Investors boosted its position in shares of Vista Energy by 1.2% during the 3rd quarter. Capital World Investors now owns 2,979,212 shares of the company’s stock worth $102,485,000 after purchasing an additional 36,549 shares in the last quarter. Banco Santander S.A. grew its stake in shares of Vista Energy by 285.6% in the 3rd quarter. Banco Santander S.A. now owns 30,086 shares of the company’s stock valued at $1,035,000 after buying an additional 22,284 shares during the period. Lighthouse Investment Partners LLC bought a new stake in Vista Energy in the 3rd quarter valued at about $8,600,000. Finally, Mirabella Financial Services LLP acquired a new position in Vista Energy during the 3rd quarter worth approximately $2,046,000. Institutional investors own 63.81% of the company’s stock.

Analyst Upgrades and Downgrades

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

Vista Energy Stock Performance

Shares of VIST stock opened at $75.47 on Friday. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 52 week low of $31.63 and a 52 week 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 firm has a market cap of $7.87 billion, a price-to-earnings ratio of 11.03, a P/E/G ratio of 0.32 and a beta of 0.63. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.77.

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

Vista Energy Company 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.