Citigroup Inc. Trims Holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Citigroup Inc. trimmed its holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 26.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,656,346 shares of the company's stock after selling 582,418 shares during the quarter. Citigroup Inc. owned about 1.74% of Vista Energy worth $73,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of VIST. Blue Trust Inc. increased its holdings in Vista Energy by 5,683.1% in the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company's stock worth $141,000 after buying an additional 3,353 shares in the last quarter. Rhumbline Advisers grew its position in shares of Vista Energy by 41.0% during the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company's stock valued at $189,000 after acquiring an additional 1,208 shares during the period. Custom Index Systems LLC purchased a new position in Vista Energy during the second quarter valued at $343,000. Baader Bank Aktiengesellschaft bought a new position in shares of Vista Energy during the 2nd quarter valued at approximately $354,000. Finally, Commonwealth Equity Services LLC raised its stake in Vista Energy by 18.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company's stock worth $405,000 after acquiring an additional 1,359 shares during the period. 63.81% of the stock is owned by hedge funds and other institutional investors.

Vista Energy Price Performance

Shares of VIST stock traded up $4.74 on Friday, reaching $56.51. The company's stock had a trading volume of 2,304,287 shares, compared to its average volume of 1,104,056. The stock's fifty day simple moving average is $48.71 and its 200-day simple moving average is $47.09. Vista Energy, S.A.B. de C.V. has a 1 year low of $28.43 and a 1 year high of $56.64. 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 $5.38 billion, a price-to-earnings ratio of 10.95, a price-to-earnings-growth ratio of 0.46 and a beta of 1.78.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. UBS Group upgraded Vista Energy from a "neutral" rating to a "buy" rating and increased their target price for the stock from $55.00 to $60.00 in a research report on Friday, September 27th. Bank of America lowered their target price 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. Finally, JPMorgan Chase & Co. initiated coverage on shares of Vista Energy in a research note on Tuesday, August 20th. They set an "overweight" rating and a $68.00 target price for the company. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, Vista Energy currently has a consensus rating of "Moderate Buy" and an average 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.