Mirae Asset Global Investments Co. Ltd. Boosts Holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 40.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,532 shares of the company’s stock after buying an additional 441 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Vista Energy were worth $83,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VIST. Ninety One UK Ltd bought a new stake in shares of Vista Energy during the 4th quarter valued at $38,149,000. Ninety One North America Inc. purchased a new position in Vista Energy during the fourth quarter valued at $23,403,000. Precision Wealth Strategies LLC bought a new stake in Vista Energy during the fourth quarter valued at about $480,000. Heck Capital Advisors LLC purchased a new stake in Vista Energy in the fourth quarter worth about $348,000. Finally, Cibc World Market Inc. raised its stake in shares of Vista Energy by 10.4% in the fourth quarter. Cibc World Market Inc. now owns 345,427 shares of the company’s stock worth $18,691,000 after buying an additional 32,589 shares during the period. 63.81% of the stock is currently owned by institutional investors.

Vista Energy Trading Down 0.5 %

Shares of VIST opened at $51.45 on Friday. The firm has a market cap of $4.90 billion, a P/E ratio of 9.97, a price-to-earnings-growth ratio of 0.80 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, S.A.B. de C.V. has a 1 year low of $31.92 and a 1 year high of $61.67. The company has a 50 day simple moving average of $55.28 and a two-hundred day simple moving average of $51.11.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VIST. JPMorgan Chase & Co. increased their target price on shares of Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. 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. Finally, UBS Group restated a “neutral” rating and set a $64.00 price objective (up from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Vista Energy has an average rating of “Moderate Buy” and a consensus price target of $64.60.

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.