Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST Shares Acquired by Ping Capital Management Inc.

Ping Capital Management Inc. lifted its holdings in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 266.6% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 123,900 shares of the company’s stock after acquiring an additional 90,100 shares during the period. Vista Energy makes up approximately 1.4% of Ping Capital Management Inc.’s investment portfolio, making the stock its 11th largest holding. Ping Capital Management Inc. owned 0.12% of Vista Energy worth $4,262,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ninety One UK Ltd grew its position in Vista Energy by 74.0% during the 2nd quarter. Ninety One UK Ltd now owns 1,337,817 shares of the company’s stock worth $63,961,000 after purchasing an additional 568,955 shares during the last quarter. Itau Unibanco Holding S.A. lifted its stake in shares of Vista Energy by 356.1% during the second quarter. Itau Unibanco Holding S.A. now owns 550,435 shares of the company’s stock worth $26,316,000 after buying an additional 429,740 shares during the period. Carrhae Capital LLP purchased a new stake in shares of Vista Energy during the second quarter valued at $19,152,000. WCM Investment Management LLC increased its position in shares of Vista Energy by 102.2% in the 2nd quarter. WCM Investment Management LLC now owns 766,219 shares of the company’s stock valued at $36,962,000 after acquiring an additional 387,257 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of 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 during the period. 63.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on VIST shares. Wall Street Zen upgraded Vista Energy from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Zacks Research downgraded Vista Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vista Energy in a research report on Monday, December 29th. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their price target for the stock from $50.00 to $65.00 in a research report on Sunday, January 11th. Finally, Bank of America upped their price objective on shares of Vista Energy from $63.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $68.44.

Vista Energy Trading Up 2.3%

Shares of NYSE:VIST opened at $52.80 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.61 and a debt-to-equity ratio of 0.98. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 12-month low of $31.63 and a 12-month high of $61.67. The business has a 50 day moving average of $48.78 and a two-hundred day moving average of $43.80. The company has a market capitalization of $5.51 billion, a PE ratio of 7.77, a PEG ratio of 2.25 and a beta of 0.83.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.24. Vista Energy had a net margin of 32.66% and a return on equity of 15.92%. The business had revenue of $706.14 million for the quarter, compared to analysts’ expectations of $636.68 million. As a group, analysts forecast that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 EPS for the current year.

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.