Itau Unibanco Holding S.A. Purchases New Shares in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Itau Unibanco Holding S.A. acquired a new position in Vista Energy, S.A.B. de C.V. (NYSE:VIST) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 21,700 shares of the company’s stock, valued at approximately $987,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Capital World Investors purchased a new position in shares of Vista Energy in the 1st quarter worth approximately $43,318,000. Seldon Capital LP bought a new stake in Vista Energy during the fourth quarter worth $592,000. Artisan Partners Limited Partnership grew its stake in Vista Energy by 33.8% in the 4th quarter. Artisan Partners Limited Partnership now owns 383,244 shares of the company’s stock valued at $11,310,000 after purchasing an additional 96,854 shares during the period. Sei Investments Co. grew its stake in Vista Energy by 32.7% in the 1st quarter. Sei Investments Co. now owns 89,459 shares of the company’s stock valued at $3,702,000 after purchasing an additional 22,060 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new position in Vista Energy in the 4th quarter valued at $303,000. 63.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Bank of America cut their price target on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday. UBS Group boosted their target price on shares of Vista Energy from $50.00 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, September 4th. Finally, JPMorgan Chase & Co. began coverage on shares of Vista Energy in a research note on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price target for the company. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Vista Energy presently has an average rating of “Moderate Buy” and an average target price of $58.80.

Vista Energy Trading Down 0.6 %

Shares of VIST opened at $47.40 on Friday. 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 business has a 50-day moving average of $47.27 and a 200 day moving average of $44.86. The firm has a market cap of $4.56 billion, a P/E ratio of 10.97, 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 issued its 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). Vista Energy had a return on equity of 38.04% and a net margin of 33.08%. The business had revenue of $396.72 million for the quarter, compared to the consensus estimate of $397.46 million. As a group, research analysts forecast that Vista Energy, S.A.B. de C.V. will post 6.2 EPS for the current 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.