RWC Asset Management LLP Sells 18,351 Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

RWC Asset Management LLP cut its stake in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 2.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 787,197 shares of the company’s stock after selling 18,351 shares during the period. Vista Energy comprises 1.9% of RWC Asset Management LLP’s portfolio, making the stock its 13th largest position. RWC Asset Management LLP’s holdings in Vista Energy were worth $51,443,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in VIST. Operose Advisors LLC bought a new position in Vista Energy during the 2nd quarter valued at $32,000. EverSource Wealth Advisors LLC increased its position in shares of Vista Energy by 46.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 512 shares of the company’s stock worth $39,000 after purchasing an additional 163 shares during the last quarter. DV Trading LLC acquired a new stake in shares of Vista Energy in the 1st quarter valued at about $226,000. Janney Montgomery Scott LLC acquired a new stake in shares of Vista Energy in the 1st quarter valued at about $253,000. Finally, Concurrent Investment Advisors LLC bought a new position in shares of Vista Energy during the second quarter worth about $267,000. 63.81% of the stock is currently owned by institutional investors.

Vista Energy Stock Performance

Vista Energy stock traded up $4.27 during mid-day trading on Friday, reaching $74.88. The company’s stock had a trading volume of 1,263,416 shares, compared to its average volume of 857,852. The firm has a market cap of $8.28 billion, a price-to-earnings ratio of 9.87, a PEG ratio of 0.61 and a beta of 0.68. The business has a 50 day moving average price of $70.78 and a 200-day moving average price of $69.38. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 0.84. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a twelve month low of $39.28 and a twelve month high of $81.44.

Analysts Set New Price Targets

A number of research firms recently commented on VIST. Zacks Research upgraded Vista Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 29th. JPMorgan Chase & Co. upped their price objective on Vista Energy from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Tuesday, September 1st. Finally, Weiss Ratings raised Vista Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Vista Energy currently has an average rating of “Moderate Buy” and a consensus target price of $83.44.

Vista Energy Profile

Vista Energy, SAB. de C.V. is an independent oil and gas company focused on the exploration, development and production of hydrocarbons. The company’s operations are centered on Argentina’s Vaca Muerta shale formation, where it develops unconventional oil and natural gas resources. Its products include crude oil, natural gas and natural gas liquids.

Vista was established in 2017 by Miguel Galuccio, who previously served as chief executive officer of YPF. The company was created to pursue upstream oil and gas opportunities in Latin America and subsequently built its principal operating position in Argentina.