Ashoka WhiteOak Capital Pte Ltd Makes New Investment in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Ashoka WhiteOak Capital Pte Ltd bought a new position in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) during the first quarter, Holdings Channel.com reports. The firm bought 158,785 shares of the company’s stock, valued at approximately $11,984,000. Vista Energy makes up about 4.5% of Ashoka WhiteOak Capital Pte Ltd’s portfolio, making the stock its 7th biggest holding.

Other institutional investors also recently modified their holdings of the company. Verde Servicos Internacionais S.A. bought a new stake in Vista Energy during the first quarter worth $604,000. SG Americas Securities LLC purchased a new stake in shares of Vista Energy during the 1st quarter valued at $2,118,000. Diversified Trust Co purchased a new stake in shares of Vista Energy during the 1st quarter valued at $5,175,000. Hsbc Holdings PLC bought a new stake in shares of Vista Energy during the 4th quarter worth $633,000. Finally, Corient Private Wealth LLC bought a new stake in shares of Vista Energy during the 4th quarter worth $240,000. 63.81% of the stock is owned by institutional investors.

Vista Energy Stock Down 3.3%

VIST stock opened at $64.51 on Thursday. The stock has a fifty day moving average of $71.19 and a 200-day moving average of $62.01. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a fifty-two week low of $31.63 and a fifty-two week high of $81.44. The company has a market capitalization of $6.73 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 0.29 and a beta of 0.61. 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 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). The firm had revenue of $865.01 million during the quarter, compared to the consensus estimate of $708.61 million. Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. As a group, equities research analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 12.91 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Vista Energy in a report on Tuesday, June 9th. UBS Group lifted their price objective on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. boosted their target price on shares of Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Zacks Research raised shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Finally, HSBC started coverage on shares of Vista Energy in a research note on Sunday, June 14th. They set a “buy” rating and a $95.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $83.24.

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.