Vista Energy, S.A.B. de C.V. (NYSE:VIST) Shares Acquired by Connective Portfolio Management LLC

Connective Portfolio Management LLC lifted its holdings in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 123.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,000 shares of the company’s stock after purchasing an additional 16,000 shares during the period. Vista Energy comprises approximately 1.4% of Connective Portfolio Management LLC’s holdings, making the stock its 18th biggest holding. Connective Portfolio Management LLC’s holdings in Vista Energy were worth $1,281,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of VIST. Blue Trust Inc. raised its position in shares of Vista Energy by 5,683.1% in the second quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock valued at $141,000 after buying an additional 3,353 shares during the last quarter. Rhumbline Advisers grew its position in shares of Vista Energy by 41.0% in the second 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. Custom Index Systems LLC acquired a new position in Vista Energy in the second quarter valued at $343,000. Baader Bank Aktiengesellschaft purchased a new position in Vista Energy during the second quarter worth about $354,000. Finally, Commonwealth Equity Services LLC boosted its stake in Vista Energy by 18.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock worth $405,000 after buying an additional 1,359 shares during the last quarter. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Vista Energy Trading Down 0.5 %

Shares of NYSE:VIST traded down $0.22 during trading on Wednesday, reaching $47.50. 22,372 shares of the stock were exchanged, compared to its average volume of 597,416. The firm’s 50-day moving average price is $47.53 and its 200 day moving average price is $45.56. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 11.05, a price-to-earnings-growth ratio of 0.41 and a beta of 1.79. Vista Energy, S.A.B. de C.V. has a 12-month low of $25.00 and a 12-month high of $52.47. 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 announced 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). Vista Energy had a net margin of 33.08% and a return on equity of 38.04%. The business had revenue of $396.72 million for the quarter, compared to analyst estimates of $397.46 million. On average, sell-side analysts anticipate that Vista Energy, S.A.B. de C.V. will post 5.87 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on VIST shares. JPMorgan Chase & Co. started coverage on shares of Vista Energy in a research note on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price objective for the company. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and upped their price target for the stock from $55.00 to $60.00 in a research report on Friday, September 27th. Finally, Bank of America decreased 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, September 18th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.80.

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.