Itau Unibanco Holding S.A. Grows Position in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Itau Unibanco Holding S.A. grew its position in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 356.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 550,435 shares of the company’s stock after purchasing an additional 429,740 shares during the period. Itau Unibanco Holding S.A. owned approximately 0.58% of Vista Energy worth $26,316,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VIST. Amundi acquired a new position in Vista Energy during the first quarter valued at approximately $229,000. Leavell Investment Management Inc. purchased a new position in shares of Vista Energy in the 2nd quarter valued at $253,000. Deutsche Bank AG lifted its holdings in shares of Vista Energy by 9.6% during the 1st quarter. Deutsche Bank AG now owns 6,716 shares of the company’s stock valued at $313,000 after acquiring an additional 590 shares in the last quarter. Royal Bank of Canada boosted its position in Vista Energy by 82.0% during the 1st quarter. Royal Bank of Canada now owns 9,424 shares of the company’s stock worth $439,000 after purchasing an additional 4,246 shares during the period. Finally, Belpointe Asset Management LLC acquired a new stake in Vista Energy in the 1st quarter valued at $445,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

Vista Energy Trading Up 2.6%

Shares of NYSE VIST opened at $48.79 on Friday. The stock’s 50 day moving average price is $39.79 and its two-hundred day moving average price is $43.92. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 52-week low of $31.63 and a 52-week high of $61.67. The stock has a market capitalization of $5.09 billion, a P/E ratio of 7.18, a PEG ratio of 2.05 and a beta of 0.95. The company has a quick ratio of 0.61, a current ratio of 0.62 and a debt-to-equity ratio of 0.98.

Vista Energy (NYSE:VIST) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.24. Vista Energy had a return on equity of 15.92% and a net margin of 32.66%.The business had revenue of $706.14 million for the quarter, compared to the consensus estimate of $636.68 million. On average, 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.

Analyst Ratings Changes

A number of research analysts have commented on the company. JPMorgan Chase & Co. boosted their price objective on Vista Energy from $56.00 to $68.00 and gave the stock an “overweight” rating in a research note on Thursday. Weiss Ratings restated a “hold (c+)” rating on shares of Vista Energy in a report on Tuesday. Zacks Research upgraded shares of Vista Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, October 27th. Finally, Wall Street Zen raised shares of Vista Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $64.10.

About Vista Energy

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.