ABS Direct Equity Fund LLC Takes $2.26 Million Position in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

ABS Direct Equity Fund LLC bought a new position in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 30,000 shares of the company’s stock, valued at approximately $2,264,000. Vista Energy makes up approximately 1.8% of ABS Direct Equity Fund LLC’s investment portfolio, making the stock its 21st biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd boosted its stake in Vista Energy by 1,009.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after buying an additional 656 shares during the last quarter. Platinum Investment Management Ltd. acquired a new stake in shares of Vista Energy in the 4th quarter worth $67,000. Blue Trust Inc. increased its stake in shares of Vista Energy by 154.8% in the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock worth $150,000 after acquiring an additional 1,878 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vista Energy during the 2nd quarter worth $163,000. Finally, Federated Hermes Inc. purchased a new position in shares of Vista Energy during the 4th quarter worth $221,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VIST. HSBC initiated coverage on shares of Vista Energy in a report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price objective for the company. Weiss Ratings raised shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. 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 report on Tuesday, May 12th. UBS Group increased their price target on shares of Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Zacks Research downgraded shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Vista Energy currently has a consensus rating of “Moderate Buy” and an average target price of $83.24.

Vista Energy Price Performance

Shares of VIST opened at $69.65 on Monday. The firm has a 50-day simple moving average of $69.13 and a two-hundred day simple moving average of $64.49. The stock has a market cap of $7.26 billion, a PE ratio of 9.18, a P/E/G ratio of 0.58 and a beta of 0.63. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 1-year low of $31.63 and a 1-year high of $81.44. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.69 and a quick ratio of 0.68.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Thursday, July 16th. The company reported $2.38 EPS for the quarter, missing the consensus estimate of $3.15 by ($0.77). The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. As a group, analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.54 EPS 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.