TT International Asset Management LTD Buys 1,076,935 Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

TT International Asset Management LTD lifted its stake in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 9,790.3% in the third quarter, Holdings Channel reports. The firm owned 1,087,935 shares of the company’s stock after buying an additional 1,076,935 shares during the period. Vista Energy accounts for about 7.9% of TT International Asset Management LTD’s investment portfolio, making the stock its 6th largest position. TT International Asset Management LTD’s holdings in Vista Energy were worth $71,097,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Operose Advisors LLC purchased a new position in Vista Energy in the 2nd quarter valued at about $32,000. EverSource Wealth Advisors LLC boosted its holdings in Vista Energy by 46.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock worth $39,000 after buying an additional 163 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Vista Energy in the 3rd quarter worth about $101,000. DV Trading LLC acquired a new stake in Vista Energy in the 1st quarter worth about $226,000. Finally, Profund Advisors LLC purchased a new stake in Vista Energy during the 3rd quarter worth approximately $210,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

Vista Energy Price Performance

NYSE:VIST opened at $67.93 on Wednesday. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a one year low of $43.71 and a one year high of $81.44. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.71 and a current ratio of 0.72. The stock has a market cap of $7.51 billion, a PE ratio of 9.44, a P/E/G ratio of 0.70 and a beta of 0.58. The stock has a 50 day moving average price of $70.76 and a 200 day moving average price of $67.05.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $2.16 EPS for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.63). The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Vista Energy had a return on equity of 20.79% and a net margin of 19.66%. Equities research analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 10.05 EPS for the current fiscal year.

Wall Street Analyst Weigh In

VIST has been the subject of a number of research analyst reports. Zacks Research raised Vista Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, October 30th. JPMorgan Chase & Co. decreased their target price on Vista Energy from $94.00 to $87.00 and set an “overweight” rating on the stock in a research report on Thursday, October 29th. Finally, Weiss Ratings raised Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 16th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $82.04.

Vista Energy Profile

Vista Energy, SAB. de C.V. is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company’s operations are centered on Argentina’s Vaca Muerta shale formation, where it develops unconventional oil and natural gas resources. Its products include crude oil, natural gas and natural gas liquids.

Vista was established in 2017 by Miguel Galuccio, who previously served as chief executive officer of YPF. The company was created to pursue upstream oil and gas opportunities in Latin America and subsequently built its principal operating position in Argentina.