Sona Asset Management US LLC Makes New Investment in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Sona Asset Management US LLC purchased a new stake in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 17,000 shares of the company’s stock, valued at approximately $1,283,000.

Several other large investors have also made changes to their positions in VIST. Caitong International Asset Management Co. Ltd boosted its stake in shares of 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 acquiring an additional 656 shares during the period. Platinum Investment Management Ltd. bought a new stake in Vista Energy during the 4th quarter valued at approximately $67,000. Blue Trust Inc. raised its stake in Vista Energy by 154.8% during the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock valued at $150,000 after purchasing an additional 1,878 shares during the period. Raymond James Financial Inc. purchased a new position in Vista Energy in the 2nd quarter worth approximately $163,000. Finally, Federated Hermes Inc. purchased a new position in Vista Energy in the 4th quarter worth approximately $221,000. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Vista Energy Price Performance

NYSE:VIST opened at $69.65 on Monday. The business’s 50-day moving average is $69.13 and its 200 day moving average is $64.49. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 12 month low of $31.63 and a 12 month high of $81.44. The company has a market capitalization of $7.26 billion, a P/E ratio of 9.18, a P/E/G ratio of 0.58 and a beta of 0.63. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84.

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

Analyst Ratings Changes

Several research analysts have weighed in on the company. UBS Group upped their price target on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. HSBC initiated coverage on shares of Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 price objective on the stock. JPMorgan Chase & Co. boosted their target price on shares of Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Zacks Research lowered shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, Weiss Ratings raised shares of Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.