Vista Energy, S.A.B. de C.V. (NYSE:VIST) Position Cut by Renaissance Technologies LLC

Renaissance Technologies LLC reduced its position in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 5.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 643,500 shares of the company’s stock after selling 37,900 shares during the quarter. Renaissance Technologies LLC owned about 0.67% of Vista Energy worth $29,266,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rhumbline Advisers boosted its stake 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 in the last quarter. Commonwealth Equity Services LLC boosted its stake 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 in the last quarter. Janney Montgomery Scott LLC boosted its stake in Vista Energy by 12.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 14,255 shares of the company’s stock valued at $590,000 after purchasing an additional 1,551 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Vista Energy by 2.6% during the 2nd quarter. Victory Capital Management Inc. now owns 109,657 shares of the company’s stock valued at $4,987,000 after purchasing an additional 2,750 shares in the last quarter. Finally, Blue Trust Inc. boosted its stake in Vista Energy by 5,683.1% during the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock valued at $141,000 after purchasing an additional 3,353 shares in the last quarter. 63.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VIST. Bank of America decreased their price target on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday. UBS Group increased their price objective on Vista Energy from $50.00 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, September 4th. Finally, JPMorgan Chase & Co. assumed coverage on Vista Energy in a research report on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $58.80.

Vista Energy Price Performance

Shares of NYSE:VIST opened at $47.70 on Friday. Vista Energy, S.A.B. de C.V. has a one year low of $25.00 and a one year high of $52.47. The stock has a fifty day moving average of $47.26 and a 200-day moving average of $44.76. The company has a market capitalization of $4.59 billion, a PE ratio of 11.04, a price-to-earnings-growth ratio of 0.38 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.

Vista Energy (NYSE:VIST) last released its 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 during the quarter, compared to analysts’ expectations of $397.46 million. Vista Energy had a net margin of 33.08% and a return on equity of 38.04%. As a group, equities analysts anticipate that Vista Energy, S.A.B. de C.V. will post 6.2 EPS 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 owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.