Titan Global Capital Management USA LLC Cuts Position in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Titan Global Capital Management USA LLC reduced its position in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 30.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,761 shares of the company’s stock after selling 18,815 shares during the period. Titan Global Capital Management USA LLC’s holdings in Vista Energy were worth $2,092,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Belpointe Asset Management LLC acquired a new position in Vista Energy during the 1st quarter worth about $445,000. Banco BTG Pactual S.A. increased its stake in Vista Energy by 2,794.8% during the first quarter. Banco BTG Pactual S.A. now owns 108,930 shares of the company’s stock worth $5,072,000 after purchasing an additional 105,167 shares during the period. Ping Capital Management Inc. acquired a new stake in shares of Vista Energy during the first quarter worth about $1,401,000. Ninety One UK Ltd boosted its stake in shares of Vista Energy by 74.0% in the second quarter. Ninety One UK Ltd now owns 1,337,817 shares of the company’s stock valued at $63,961,000 after purchasing an additional 568,955 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of Vista Energy by 2,843.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,150,422 shares of the company’s stock valued at $53,565,000 after purchasing an additional 1,111,341 shares during the period. 63.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VIST shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Vista Energy in a report on Tuesday, October 14th. JPMorgan Chase & Co. cut their price objective on Vista Energy from $57.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, October 17th. Wall Street Zen upgraded Vista Energy from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Finally, Zacks Research raised Vista Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Vista Energy presently has a consensus rating of “Buy” and an average price target of $59.60.

Vista Energy Price Performance

VIST stock opened at $48.14 on Friday. The business has a 50 day moving average price of $38.74 and a 200 day moving average price of $43.88. The company has a quick ratio of 0.61, a current ratio of 0.62 and a debt-to-equity ratio of 0.98. The stock has a market cap of $5.02 billion, a price-to-earnings ratio of 7.08, a PEG ratio of 2.03 and a beta of 0.95. 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 $61.67.

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

Vista Energy Company Profile

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.