Spire Wealth Management Makes New Investment in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Spire Wealth Management purchased a new position in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,405 shares of the company’s stock, valued at approximately $360,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd lifted its holdings in Vista Energy by 1,009.2% in 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 period. Raymond James Financial Inc. acquired a new position in Vista Energy during the 2nd quarter valued at about $163,000. Amundi bought a new stake in shares of Vista Energy during the 1st quarter worth about $229,000. Canal Capital Management LLC bought a new stake in shares of Vista Energy during the 2nd quarter worth about $272,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of Vista Energy in the 3rd quarter worth approximately $202,000. 63.81% of the stock is currently owned by institutional investors.

Vista Energy Stock Performance

Shares of Vista Energy stock opened at $71.62 on Friday. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 12 month low of $31.63 and a 12 month high of $79.20. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 1.12. The stock has a market cap of $7.47 billion, a PE ratio of 10.72, a price-to-earnings-growth ratio of 0.66 and a beta of 0.72. The business has a fifty day simple moving average of $61.54 and a 200-day simple moving average of $50.49.

Vista Energy (NYSE:VIST) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.63). Vista Energy had a return on equity of 15.65% and a net margin of 29.06%.The business had revenue of $719.06 million during the quarter, compared to analysts’ expectations of $679.81 million. On average, sell-side analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 5.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VIST. UBS Group upgraded Vista Energy from a “neutral” rating to a “buy” rating and upped their price objective for the company from $50.00 to $65.00 in a report on Sunday, January 11th. Bank of America initiated coverage on Vista Energy in a report on Wednesday, February 4th. They set a “buy” rating and a $88.00 target price on the stock. Weiss Ratings upgraded shares of Vista Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a report on Wednesday, December 17th. Finally, Zacks Research raised shares of Vista Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $68.55.

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.