Grantham Mayo Van Otterloo & Co. LLC Sells 72,000 Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Grantham Mayo Van Otterloo & Co. LLC lowered its stake in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 6.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 982,908 shares of the company’s stock after selling 72,000 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Vista Energy were worth $33,812,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in Vista Energy by 6.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,989,929 shares of the company’s stock valued at $142,949,000 after acquiring an additional 171,718 shares in the last quarter. Artisan Partners Limited Partnership grew its holdings in shares of Vista Energy by 15.9% during the 3rd quarter. Artisan Partners Limited Partnership now owns 757,121 shares of the company’s stock worth $26,045,000 after purchasing an additional 103,601 shares in the last quarter. Itau Unibanco Holding S.A. increased its position in shares of Vista Energy by 356.1% in the second quarter. Itau Unibanco Holding S.A. now owns 550,435 shares of the company’s stock worth $26,316,000 after purchasing an additional 429,740 shares during the period. RWC Asset Management LLP increased its position in shares of Vista Energy by 40.7% in the third quarter. RWC Asset Management LLP now owns 398,909 shares of the company’s stock worth $13,722,000 after purchasing an additional 115,432 shares during the period. Finally, Bank of America Corp DE raised its stake in Vista Energy by 83.9% in the second quarter. Bank of America Corp DE now owns 318,845 shares of the company’s stock valued at $15,244,000 after purchasing an additional 145,507 shares in the last quarter. 63.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VIST has been the subject of several recent analyst reports. Zacks Research cut shares of Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 26th. JPMorgan Chase & Co. raised their target price on shares of Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. The Goldman Sachs Group set a $53.20 target price on shares of Vista Energy in a research report on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a research report on Monday, December 29th. Finally, Bank of America initiated coverage on shares of Vista Energy in a research note on Wednesday, February 4th. They issued a “buy” rating and a $88.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Vista Energy currently has an average rating of “Moderate Buy” and a consensus target price of $68.55.

Vista Energy Price Performance

Shares of VIST stock opened at $62.82 on Monday. The business has a fifty day simple moving average of $53.80 and a 200 day simple moving average of $46.60. The company has a market cap of $6.55 billion, a P/E ratio of 9.40, a P/E/G ratio of 3.06 and a beta of 0.84. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.12. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a twelve month low of $31.63 and a twelve month high of $64.00.

Vista Energy (NYSE:VIST) last released its earnings results on Wednesday, February 25th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.63). The business had revenue of $719.06 million during the quarter, compared to the consensus estimate of $679.81 million. Vista Energy had a net margin of 29.06% and a return on equity of 15.65%. On average, sell-side analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 EPS 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.