Victory Capital Management Inc. Increases Stake in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Victory Capital Management Inc. grew its position in Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 2.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 109,657 shares of the company’s stock after acquiring an additional 2,750 shares during the quarter. Victory Capital Management Inc. owned about 0.11% of Vista Energy worth $4,987,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. increased its stake in Vista Energy by 5,683.1% in the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock worth $141,000 after buying an additional 3,353 shares during the period. Rhumbline Advisers increased its position in Vista Energy by 41.0% during the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after purchasing an additional 1,208 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in Vista Energy during the 4th quarter valued at about $303,000. Baader Bank Aktiengesellschaft purchased a new position in Vista Energy during the 2nd quarter valued at about $354,000. Finally, Commonwealth Equity Services LLC increased its position in Vista Energy by 18.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock valued at $405,000 after purchasing an additional 1,359 shares during the period. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Analysts Set New Price Targets

VIST has been the topic of a number of research reports. UBS Group raised their target price on shares of Vista Energy from $50.00 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, September 4th. Bank of America initiated coverage on shares of Vista Energy in a research report on Wednesday, August 28th. They set a “buy” rating and a $70.00 target price on the stock. Finally, JPMorgan Chase & Co. initiated coverage on shares of Vista Energy in a research report on Tuesday, August 20th. They set an “overweight” rating and a $68.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Vista Energy currently has a consensus rating of “Moderate Buy” and an average price target of $59.20.

Vista Energy Stock Up 0.9 %

NYSE:VIST opened at $47.80 on Tuesday. 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. The stock has a market capitalization of $4.59 billion, a P/E ratio of 11.06, a P/E/G ratio of 0.37 and a beta of 1.81. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.76 and a current ratio of 0.77. The company’s 50-day simple moving average is $47.19 and its 200-day simple moving average is $44.67.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Thursday, July 11th. The company reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.66). The firm had revenue of $396.72 million during the quarter, compared to the consensus estimate of $397.46 million. Vista Energy had a net margin of 33.08% and a return on equity of 38.04%. On average, equities analysts anticipate that Vista Energy, S.A.B. de C.V. will post 6.2 earnings per share for the current fiscal year.

About Vista Energy

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.