Candriam S.C.A. Takes Position in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Candriam S.C.A. purchased a new stake in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) in the first quarter, HoldingsChannel reports. The institutional investor purchased 275,600 shares of the company’s stock, valued at approximately $20,800,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stifel Financial Corp raised its position in shares of Vista Energy by 4.7% during the 4th quarter. Stifel Financial Corp now owns 8,130 shares of the company’s stock valued at $396,000 after buying an additional 366 shares in the last quarter. Geode Capital Management LLC lifted its stake in Vista Energy by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 26,436 shares of the company’s stock worth $1,286,000 after purchasing an additional 645 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Vista Energy by 1,009.2% in the 3rd 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 in the last quarter. Boston Partners raised its holdings in shares of Vista Energy by 9.7% during the 4th quarter. Boston Partners now owns 10,764 shares of the company’s stock valued at $524,000 after buying an additional 953 shares in the last quarter. Finally, Platinum Investment Management Ltd. purchased a new position in shares of Vista Energy during the 4th quarter valued at about $67,000. 63.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. HSBC initiated coverage on Vista Energy in a research note on Sunday, June 14th. They issued a “buy” rating and a $95.00 target price for the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vista Energy in a research note on Tuesday, June 9th. UBS Group increased their target price on shares of Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. upped their price target on shares of Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Finally, Zacks Research cut Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.24.

Vista Energy Trading Up 1.6%

Shares of NYSE:VIST traded up $1.00 on Friday, hitting $64.75. The company had a trading volume of 933,398 shares, compared to its average volume of 770,624. 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 firm’s 50-day simple moving average is $69.85 and its two-hundred day simple moving average is $63.11. 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 firm has a market capitalization of $6.75 billion, a price-to-earnings ratio of 9.47, a P/E/G ratio of 0.48 and a beta of 0.63.

Vista Energy (NYSE:VIST) last released 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 firm had revenue of $865.01 million during the quarter, compared to analysts’ expectations of $708.61 million. Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. Equities analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 10.21 earnings per share for the current fiscal year.

About Vista Energy

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.