SG Americas Securities LLC Acquires Shares of 28,058 Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

SG Americas Securities LLC bought a new position in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 28,058 shares of the company’s stock, valued at approximately $2,118,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in VIST. Caitong International Asset Management Co. Ltd grew its stake in Vista Energy by 1,009.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after purchasing an additional 656 shares during the period. Platinum Investment Management Ltd. bought a new stake in shares of Vista Energy during the 4th quarter valued at $67,000. Blue Trust Inc. grew its position 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 buying an additional 1,878 shares during the period. Raymond James Financial Inc. bought a new position in shares of Vista Energy in the 2nd quarter worth about $163,000. Finally, Federated Hermes Inc. bought a new position in shares of Vista Energy in the 4th quarter worth about $221,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Price Performance

Shares of NYSE VIST opened at $62.62 on Thursday. The firm has a market cap of $6.53 billion, a P/E ratio of 9.15, a PEG ratio of 0.27 and a beta of 0.63. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a twelve month low of $31.63 and a twelve month high of $81.44. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 1.01. The company has a 50 day moving average of $71.06 and a 200 day moving average of $62.48.

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

Analyst Upgrades and Downgrades

VIST has been the topic of a number of recent research reports. HSBC began coverage on shares of Vista Energy in a report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price objective on the stock. UBS Group upped their price target on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. raised their price objective on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Zacks Research upgraded Vista Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Vista Energy in a research note on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. Based on data from MarketBeat, Vista Energy presently has a consensus rating of “Buy” and an average target price of $83.24.

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.