Vontobel Holding Ltd. Reduces Holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Vontobel Holding Ltd. trimmed its holdings in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 1.0% during the third quarter, Holdings Channel reports. The fund owned 876,325 shares of the company’s stock after selling 8,489 shares during the quarter. Vontobel Holding Ltd.’s holdings in Vista Energy were worth $38,716,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of VIST. Capital World Investors bought a new stake in shares of Vista Energy during the first quarter valued at about $43,318,000. Encompass Capital Advisors LLC raised its holdings in shares of Vista Energy by 41.9% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock worth $46,562,000 after purchasing an additional 302,138 shares in the last quarter. Maple Rock Capital Partners Inc. bought a new stake in Vista Energy during the first quarter worth approximately $21,145,000. Healthcare of Ontario Pension Plan Trust Fund grew its position in Vista Energy by 0.9% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 492,000 shares of the company’s stock worth $20,359,000 after buying an additional 4,200 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Vista Energy by 253.6% in the 2nd quarter. Sei Investments Co. now owns 316,350 shares of the company’s stock valued at $14,388,000 after purchasing an additional 226,891 shares during the period. Institutional investors and hedge funds own 63.81% of the company’s stock.

Wall Street Analyst Weigh In

VIST has been the topic of several research analyst reports. Bank of America lowered their price objective on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Wednesday, September 18th. JPMorgan Chase & Co. initiated coverage on shares of Vista Energy in a research report on Tuesday, August 20th. They issued an “overweight” rating and a $68.00 price target for the company. Finally, UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and lifted their target price for the company from $55.00 to $60.00 in a research note on Friday, September 27th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Vista Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.80.

Vista Energy Trading Down 1.9 %

VIST opened at $46.91 on Thursday. Vista Energy, S.A.B. de C.V. has a twelve month low of $25.00 and a twelve month high of $52.47. The firm’s fifty day moving average is $48.26 and its two-hundred day moving average is $45.81. The firm has a market cap of $4.47 billion, a PE ratio of 10.86, a price-to-earnings-growth ratio of 0.41 and a beta of 1.79. 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 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.