Rhumbline Advisers Increases Position in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Rhumbline Advisers grew its stake in Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 41.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,152 shares of the company’s stock after purchasing an additional 1,208 shares during the period. Rhumbline Advisers’ holdings in Vista Energy were worth $189,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Blue Trust Inc. boosted its holdings in Vista Energy by 5,683.1% during the second quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock worth $141,000 after buying an additional 3,353 shares in the last quarter. Baader Bank Aktiengesellschaft purchased a new stake in Vista Energy in the second quarter valued at approximately $354,000. Commonwealth Equity Services LLC increased its holdings in shares of Vista Energy by 18.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock worth $405,000 after buying an additional 1,359 shares during the last quarter. Confluence Investment Management LLC acquired a new stake in Vista Energy during the first quarter worth about $428,000. Finally, Atomi Financial Group Inc. purchased a new position in Vista Energy in the second quarter valued at approximately $493,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Stock Up 1.1 %

VIST stock opened at $45.97 on Monday. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 0.50. The firm’s 50-day simple moving average is $47.25 and its 200 day simple moving average is $45.31. The stock has a market cap of $4.42 billion, a PE ratio of 10.64, a price-to-earnings-growth ratio of 0.42 and a beta of 1.81. Vista Energy, S.A.B. de C.V. has a fifty-two week low of $25.00 and a fifty-two week high of $52.47.

Vista Energy (NYSE:VIST) last announced its quarterly earnings results on Thursday, July 11th. The company reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.66). The business had revenue of $396.72 million for the quarter, compared to analyst estimates of $397.46 million. Vista Energy had a return on equity of 38.04% and a net margin of 33.08%. As a group, sell-side analysts predict that Vista Energy, S.A.B. de C.V. will post 5.87 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on VIST. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and increased their price objective for the company from $55.00 to $60.00 in a research report on Friday. Bank of America cut their price objective on Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, September 18th. Finally, JPMorgan Chase & Co. assumed coverage on Vista Energy in a research note on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Vista Energy has an average rating of “Moderate Buy” and a consensus price target of $59.80.

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