Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST Shares Sold by WCM Investment Management LLC

WCM Investment Management LLC lessened its holdings in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 17.8% in the 1st quarter, HoldingsChannel reports. The firm owned 283,626 shares of the company’s stock after selling 61,464 shares during the quarter. WCM Investment Management LLC’s holdings in Vista Energy were worth $21,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in Vista Energy by 82.0% in the first quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock valued at $439,000 after purchasing an additional 4,246 shares during the last quarter. Amundi purchased a new position in shares of Vista Energy during the 1st quarter valued at about $229,000. Goldman Sachs Group Inc. lifted its holdings in shares of Vista Energy by 57.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 183,717 shares of the company’s stock valued at $8,554,000 after buying an additional 67,189 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Vista Energy by 11.6% in the 2nd quarter. Geode Capital Management LLC now owns 16,665 shares of the company’s stock valued at $797,000 after buying an additional 1,731 shares during the period. Finally, Cetera Investment Advisers purchased a new stake in shares of Vista Energy in the second quarter worth about $506,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on VIST shares. UBS Group raised their target price on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Zacks Research lowered Vista Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. JPMorgan Chase & Co. raised their price objective on shares of Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. HSBC started coverage on shares of Vista Energy in a report on Sunday, June 14th. They set a “buy” rating and a $95.00 target price for the company. Finally, Weiss Ratings raised shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Vista Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $83.24.

Vista Energy Price Performance

NYSE:VIST opened at $64.04 on Monday. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 0.84. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 52 week low of $31.63 and a 52 week high of $81.44. The stock’s 50-day moving average price is $69.40 and its 200-day moving average price is $63.83. The stock has a market capitalization of $6.68 billion, a PE ratio of 8.45, a price-to-earnings-growth ratio of 0.52 and a beta of 0.63.

Vista Energy (NYSE:VIST) last issued its quarterly 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 business had revenue of $865.01 million for the quarter, compared to analysts’ expectations of $708.61 million. Vista Energy had a return on equity of 20.26% and a net margin of 23.56%. As a group, equities analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.82 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.