CI Investments Inc. Has $34.43 Million Holdings in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

CI Investments Inc. grew its position in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 57.3% in the 1st quarter, HoldingsChannel reports. The fund owned 456,186 shares of the company’s stock after buying an additional 166,230 shares during the period. CI Investments Inc.’s holdings in Vista Energy were worth $34,428,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its position in 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 position in Vista Energy during the fourth quarter worth $67,000. Blue Trust Inc. raised its holdings in 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 buying an additional 1,878 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Vista Energy in the second quarter valued at $163,000. Finally, Federated Hermes Inc. bought a new position in shares of Vista Energy in the fourth quarter valued at $221,000. 63.81% of the stock is owned by institutional investors and hedge funds.

Vista Energy Price Performance

VIST opened at $66.97 on Thursday. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.69 and a quick ratio of 0.68. The company has a market capitalization of $6.98 billion, a price-to-earnings ratio of 8.83, a P/E/G ratio of 0.54 and a beta of 0.63. The firm’s fifty day moving average price is $69.24 and its two-hundred day moving average price is $64.19. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 1 year low of $31.63 and a 1 year high of $81.44.

Vista Energy (NYSE:VIST) last announced its earnings results on Thursday, July 16th. The company reported $2.38 EPS for the quarter, missing the consensus estimate of $3.15 by ($0.77). The firm had revenue of $1.23 billion during 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%. As a group, analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 9.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on VIST. HSBC started coverage on shares of Vista Energy in a research report on Sunday, June 14th. They set a “buy” rating and a $95.00 target price for the company. Zacks Research cut shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. JPMorgan Chase & Co. lifted their price target on Vista Energy from $89.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. UBS Group boosted their price objective on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings raised 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 data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.24.

Vista Energy Company 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.