Ninety One North America Inc. Invests $23.40 Million in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Ninety One North America Inc. bought a new position in Vista Energy, S.A.B. de C.V. (NYSE:VIST) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 432,512 shares of the company’s stock, valued at approximately $23,403,000. Ninety One North America Inc. owned 0.45% of Vista Energy at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. TT International Asset Management LTD lifted its position in Vista Energy by 2.3% in the third quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock worth $85,435,000 after purchasing an additional 43,664 shares during the period. NS Partners Ltd acquired a new stake in Vista Energy during the 3rd quarter valued at $26,777,000. Cibc World Market Inc. raised its stake in Vista Energy by 10.4% during the 4th quarter. Cibc World Market Inc. now owns 345,427 shares of the company’s stock valued at $18,691,000 after purchasing an additional 32,589 shares during the period. Millennium Management LLC raised its stake in Vista Energy by 30.5% during the 2nd quarter. Millennium Management LLC now owns 249,512 shares of the company’s stock valued at $11,348,000 after purchasing an additional 58,293 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Vista Energy by 11.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 199,450 shares of the company’s stock valued at $9,076,000 after purchasing an additional 20,531 shares during the period. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. UBS Group reissued a “neutral” rating and set a $64.00 target price (up from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. JPMorgan Chase & Co. upped their price target on shares of Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a research note on Friday, January 10th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $61.40.

Vista Energy Trading Up 0.7 %

NYSE VIST opened at $53.19 on Tuesday. Vista Energy, S.A.B. de C.V. has a 1-year low of $30.46 and a 1-year high of $61.67. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $5.06 billion, a PE ratio of 10.31, a price-to-earnings-growth ratio of 0.81 and a beta of 1.71. The firm’s fifty day simple moving average is $55.67 and its 200-day simple moving average is $50.78.

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.