Deltec Asset Management LLC Sells 45,979 Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Deltec Asset Management LLC lessened its holdings in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 35.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 82,782 shares of the company’s stock after selling 45,979 shares during the period. Vista Energy accounts for 1.1% of Deltec Asset Management LLC’s portfolio, making the stock its 23rd largest position. Deltec Asset Management LLC’s holdings in Vista Energy were worth $6,248,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd lifted its stake in shares of Vista Energy by 1,009.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock valued at $25,000 after purchasing an additional 656 shares during the period. Platinum Investment Management Ltd. acquired a new stake in shares of Vista Energy during the fourth quarter worth $67,000. Blue Trust Inc. grew its stake in shares of Vista Energy by 154.8% during the fourth quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock worth $150,000 after purchasing an additional 1,878 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Vista Energy during the second quarter worth $163,000. Finally, Federated Hermes Inc. bought a new stake in Vista Energy in the fourth quarter valued at about $221,000. Institutional investors own 63.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on VIST. JPMorgan Chase & Co. increased their target price on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Weiss Ratings restated a “buy (b-)” rating on shares of Vista Energy in a research report on Tuesday, June 9th. HSBC assumed coverage on Vista Energy in a research note on Sunday, June 14th. They issued a “buy” rating and a $95.00 price target for the company. Zacks Research upgraded shares of Vista Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Finally, UBS Group lifted their price target on shares of Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $83.24.

Vista Energy Stock Down 1.9%

Shares of VIST stock opened at $62.62 on Thursday. The firm has a fifty day moving average of $71.06 and a 200-day moving average of $62.48. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 1.01. 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 $6.53 billion, a price-to-earnings ratio of 9.15, a P/E/G ratio of 0.27 and a beta of 0.63.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.53). The company had revenue of $865.01 million for the quarter, compared to analyst estimates of $708.61 million. Vista Energy had a return on equity of 14.80% and a net margin of 25.65%. As a group, equities research analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 12.91 earnings per share for the current fiscal year.

Vista Energy Profile

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.