Truist Financial Corp Purchases 2,520 Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Truist Financial Corp lifted its position in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 2.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 102,674 shares of the company’s stock after acquiring an additional 2,520 shares during the quarter. Truist Financial Corp’s holdings in Vista Energy were worth $3,030,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Channing Global Advisors LLC increased its position in Vista Energy by 8.8% during the 4th quarter. Channing Global Advisors LLC now owns 83,046 shares of the company’s stock valued at $2,451,000 after purchasing an additional 6,713 shares during the period. Sigma Planning Corp raised its stake in Vista Energy by 18.6% in the fourth quarter. Sigma Planning Corp now owns 12,675 shares of the company’s stock worth $374,000 after buying an additional 1,990 shares in the last quarter. Blue Trust Inc. lifted its holdings in Vista Energy by 4,205.7% during the fourth quarter. Blue Trust Inc. now owns 1,507 shares of the company’s stock worth $46,000 after buying an additional 1,472 shares during the period. Raymond James & Associates boosted its position in Vista Energy by 5.2% during the 4th quarter. Raymond James & Associates now owns 12,125 shares of the company’s stock valued at $358,000 after acquiring an additional 601 shares in the last quarter. Finally, Citigroup Inc. boosted its position in Vista Energy by 62.7% during the 3rd quarter. Citigroup Inc. now owns 3,137,987 shares of the company’s stock valued at $95,363,000 after acquiring an additional 1,209,254 shares in the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on VIST. Jefferies Financial Group raised their price objective on Vista Energy from $50.00 to $53.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. UBS Group lifted their price objective on shares of Vista Energy from $47.00 to $50.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. Finally, Citigroup cut shares of Vista Energy from a “buy” rating to a “neutral” rating and increased their target price for the company from $40.00 to $50.00 in a research report on Wednesday, April 17th.

Vista Energy Stock Up 1.9 %

Shares of VIST stock opened at $46.55 on Wednesday. The stock’s fifty day moving average price is $41.19 and its 200 day moving average price is $34.19. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.89 and a quick ratio of 0.88. Vista Energy, S.A.B. de C.V. has a 1-year low of $19.62 and a 1-year high of $46.98. The company has a market cap of $4.32 billion, a price-to-earnings ratio of 13.49 and a beta of 1.93.

Vista Energy (NYSE:VIST) last issued its quarterly earnings results on Tuesday, February 20th. The company reported $2.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.54 by $0.98. The business had revenue of $309.20 million for the quarter, compared to analyst estimates of $346.50 million. Vista Energy had a return on equity of 39.92% and a net margin of 30.24%. On average, research analysts expect that Vista Energy, S.A.B. de C.V. will post 6.51 earnings per share for the current fiscal year.

Vista Energy Company Profile

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 also owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.