Deltec Asset Management LLC Increases Position in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Deltec Asset Management LLC increased its stake in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 3.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 169,961 shares of the company’s stock after buying an additional 5,400 shares during the period. Vista Energy comprises 1.5% of Deltec Asset Management LLC’s portfolio, making the stock its 20th largest holding. Deltec Asset Management LLC owned 0.18% of Vista Energy worth $7,730,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in VIST. Raymond James & Associates boosted its stake in shares of Vista Energy by 5.2% during the 4th quarter. Raymond James & Associates now owns 12,125 shares of the company’s stock worth $358,000 after acquiring an additional 601 shares in the last quarter. Sigma Planning Corp boosted its position in Vista Energy by 18.6% during the fourth quarter. Sigma Planning Corp now owns 12,675 shares of the company’s stock worth $374,000 after purchasing an additional 1,990 shares in the last quarter. Channing Global Advisors LLC grew its holdings in Vista Energy by 8.8% in the fourth quarter. Channing Global Advisors LLC now owns 83,046 shares of the company’s stock valued at $2,451,000 after purchasing an additional 6,713 shares during the last quarter. Truist Financial Corp increased its position in shares of Vista Energy by 2.5% in the fourth quarter. Truist Financial Corp now owns 102,674 shares of the company’s stock valued at $3,030,000 after buying an additional 2,520 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Vista Energy by 76.7% in the fourth quarter. Russell Investments Group Ltd. now owns 35,858 shares of the company’s stock valued at $1,058,000 after buying an additional 15,561 shares in the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Wall Street Analysts Forecast Growth

VIST has been the topic of a number of research reports. Jefferies Financial Group increased their price objective on shares of Vista Energy from $50.00 to $53.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Citigroup lowered shares of Vista Energy from a “buy” rating to a “neutral” rating and increased their price target for the company from $40.00 to $50.00 in a research report on Wednesday, April 17th. Finally, UBS Group raised their price objective on shares of Vista Energy from $47.00 to $50.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 1st.

Vista Energy Price Performance

Shares of VIST traded up $0.50 during trading hours on Wednesday, reaching $49.23. 581,311 shares of the company traded hands, compared to its average volume of 554,232. The stock has a fifty day simple moving average of $44.79 and a 200 day simple moving average of $42.02. Vista Energy, S.A.B. de C.V. has a fifty-two week low of $24.38 and a fifty-two week high of $50.01. The stock has a market capitalization of $4.73 billion, a PE ratio of 11.28 and a beta of 1.91. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 0.50.

Vista Energy 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.