Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST Stake Cut by Legal & General Group Plc

Legal & General Group Plc cut its position in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 5.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 131,458 shares of the company’s stock after selling 8,188 shares during the quarter. Legal & General Group Plc’s holdings in Vista Energy were worth $6,397,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd lifted 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 purchasing an additional 656 shares during the last quarter. Blue Trust Inc. lifted its stake in Vista Energy by 154.8% in the fourth quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after buying an additional 1,878 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Vista Energy in the second quarter valued at $163,000. HighTower Advisors LLC bought a new stake in Vista Energy in the fourth quarter valued at $223,000. Finally, Amundi bought a new stake in Vista Energy in the first quarter valued at $229,000. 63.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on VIST. Weiss Ratings upgraded Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. Zacks Research upgraded Vista Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. UBS Group raised their target price on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. raised their target price on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat.com, Vista Energy currently has a consensus rating of “Buy” and an average target price of $80.30.

Vista Energy Price Performance

Shares of VIST opened at $74.29 on Friday. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a one year low of $31.63 and a one year high of $81.44. The stock’s fifty day moving average is $71.39 and its 200-day moving average is $60.09. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.77. The firm has a market capitalization of $7.75 billion, a price-to-earnings ratio of 10.86, a price-to-earnings-growth ratio of 0.32 and a beta of 0.61.

Vista Energy (NYSE:VIST) last announced its earnings results 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 company 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%. Equities analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 12.91 EPS for the current 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.