Wellington Management Group LLP Decreases Stock Holdings in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Wellington Management Group LLP reduced its position in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 51.8% during the second quarter, Holdings Channel reports. The institutional investor owned 42,126 shares of the company’s stock after selling 45,270 shares during the quarter. Wellington Management Group LLP’s holdings in Vista Energy were worth $2,688,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VIST. Price T Rowe Associates Inc. MD raised its stake in shares of Vista Energy by 11.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,989,783 shares of the company’s stock worth $194,145,000 after acquiring an additional 402,585 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Vista Energy by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 3,634,260 shares of the company’s stock valued at $176,843,000 after acquiring an additional 649,468 shares in the last quarter. Capital Research Global Investors boosted its stake in Vista Energy by 26.2% in the fourth quarter. Capital Research Global Investors now owns 3,335,815 shares of the company’s stock valued at $162,321,000 after acquiring an additional 693,566 shares in the last quarter. Lazard Asset Management LLC purchased a new position in Vista Energy in the first quarter worth $102,610,000. Finally, Cape Ann Asset Management Ltd grew its holdings in Vista Energy by 35.1% in the first quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company’s stock worth $70,326,000 after purchasing an additional 241,942 shares during the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Zacks Research lowered Vista Energy from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. Weiss Ratings downgraded Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, September 1st. JPMorgan Chase & Co. upped their target price on Vista Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Tuesday, September 1st. Finally, HSBC initiated 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. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $83.44.

Vista Energy Price Performance

Shares of VIST opened at $78.82 on Friday. The business’s 50-day moving average is $68.22 and its two-hundred day moving average is $68.45. The company has a market capitalization of $8.22 billion, a P/E ratio of 10.39, a P/E/G ratio of 0.66 and a beta of 0.63. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.68 and a current ratio of 0.69. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a fifty-two week low of $33.37 and a fifty-two week high of $81.44.

Vista Energy (NYSE:VIST) last issued its quarterly earnings data on Friday, July 17th. The company reported $2.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.15 by ($0.77). Vista Energy had a net margin of 23.56% and a return on equity of 20.26%. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. Research analysts predict that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 8.88 earnings per share for the current year.

About Vista Energy

Vista Energy is an independent energy company engaged in the exploration, development and production of oil and natural gas. The company’s portfolio is focused primarily on unconventional resources in Argentina’s Vaca Muerta shale formation, where it develops oil and gas wells and related production infrastructure.

Vista’s operations include drilling, completion, processing and transportation activities, as well as the marketing of crude oil, natural gas and associated hydrocarbons. Its assets are concentrated in the Neuquén Basin, including the Bajada del Palo development, one of the company’s principal operating areas.