Avantax Advisory Services Inc. Takes Position in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Avantax Advisory Services Inc. bought a new stake in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 7,320 shares of the company’s stock, valued at approximately $396,000.

Other hedge funds also recently bought and sold shares of the company. Ninety One UK Ltd purchased a new position in shares of Vista Energy in the fourth quarter worth $38,149,000. Ninety One North America Inc. purchased a new stake in Vista Energy in the 4th quarter worth $23,403,000. WCM Investment Management LLC bought a new position in shares of Vista Energy during the 4th quarter valued at about $21,120,000. Itau Unibanco Holding S.A. grew its position in shares of Vista Energy by 204.1% during the third quarter. Itau Unibanco Holding S.A. now owns 66,000 shares of the company’s stock valued at $2,916,000 after purchasing an additional 44,300 shares in the last quarter. Finally, TT International Asset Management LTD lifted its position in shares of Vista Energy by 2.3% in the third quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock worth $85,435,000 after buying an additional 43,664 shares in the last quarter. Institutional investors own 63.81% of the company’s stock.

Vista Energy Stock Performance

Vista Energy stock opened at $46.84 on Tuesday. Vista Energy, S.A.B. de C.V. has a 1-year low of $36.01 and a 1-year high of $61.67. The company’s 50-day moving average is $51.55 and its 200 day moving average is $51.32. The firm has a market capitalization of $4.46 billion, a P/E ratio of 9.08, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59.

Vista Energy (NYSE:VIST) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.67). Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. The business had revenue of $471.32 million for the quarter, compared to analysts’ expectations of $464.55 million. Research analysts forecast that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VIST. JPMorgan Chase & Co. raised their price target on Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a report on Friday, January 10th. UBS Group restated a “neutral” rating and issued a $64.00 price target (up previously from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. The Goldman Sachs Group assumed coverage on shares of Vista Energy in a research note on Friday, February 21st. They set a “buy” rating and a $65.40 price target on the stock. Finally, Citigroup raised shares of Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 price objective for the company in a research note on Thursday, February 13th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $64.73.

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.