Cape Ann Asset Management Ltd Buys 241,942 Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Cape Ann Asset Management Ltd grew its stake in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 35.1% in the first quarter, Holdings Channel.com reports. The firm owned 931,842 shares of the company’s stock after acquiring an additional 241,942 shares during the quarter. Vista Energy makes up approximately 16.0% of Cape Ann Asset Management Ltd’s investment portfolio, making the stock its 2nd biggest position. Cape Ann Asset Management Ltd’s holdings in Vista Energy were worth $70,326,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD boosted its stake in Vista Energy by 11.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock worth $194,145,000 after buying an additional 402,585 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Vista Energy by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after purchasing an additional 649,468 shares during the period. Capital Research Global Investors increased its position in Vista Energy by 26.2% during the fourth quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock worth $162,321,000 after purchasing an additional 693,566 shares during the last quarter. Ninety One UK Ltd increased its position in Vista Energy by 4.2% during the fourth quarter. Ninety One UK Ltd now owns 1,237,870 shares of the company’s stock worth $60,235,000 after purchasing an additional 50,178 shares during the last quarter. Finally, Carrhae Capital LLP raised its stake in Vista Energy by 20.6% during the fourth quarter. Carrhae Capital LLP now owns 830,212 shares of the company’s stock worth $40,398,000 after purchasing an additional 141,807 shares during the period. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Trading Up 0.8%

Shares of VIST stock opened at $69.65 on Friday. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a fifty-two week low of $31.63 and a fifty-two week high of $81.44. The company has a 50 day moving average price of $69.13 and a 200 day moving average price of $64.37. The stock has a market capitalization of $7.26 billion, a P/E ratio of 9.18, a price-to-earnings-growth ratio of 0.57 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69.

Vista Energy (NYSE:VIST) last issued its quarterly earnings results on Thursday, July 16th. The company reported $2.38 EPS for the quarter, missing the consensus estimate of $3.15 by ($0.77). Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. The business had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Equities research analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on VIST. Zacks Research cut shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. UBS Group upped their price target on Vista Energy from $86.00 to $87.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. HSBC started coverage on Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 price objective for the company. JPMorgan Chase & Co. boosted their price target on shares of Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Finally, Weiss Ratings upgraded shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Vista Energy has an average rating of “Moderate Buy” and a consensus price target of $83.24.

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.