JPMorgan Chase & Co. Cuts Stake in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

JPMorgan Chase & Co. decreased its stake in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 10.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 255,230 shares of the company's stock after selling 30,655 shares during the quarter. JPMorgan Chase & Co. owned about 0.27% of Vista Energy worth $11,276,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. FMR LLC raised its position in Vista Energy by 3,262.5% in the 3rd quarter. FMR LLC now owns 3,497 shares of the company's stock worth $154,000 after buying an additional 3,393 shares during the last quarter. Rhumbline Advisers raised its stake in 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 buying an additional 1,208 shares during the last quarter. Custom Index Systems LLC lifted its holdings in shares of Vista Energy by 2.9% during the 3rd quarter. Custom Index Systems LLC now owns 7,763 shares of the company's stock valued at $343,000 after buying an additional 218 shares during the period. Centiva Capital LP purchased a new position in shares of Vista Energy in the 3rd quarter worth $389,000. Finally, Blue Trust Inc. grew its holdings in shares of Vista Energy by 160.0% in the third quarter. Blue Trust Inc. now owns 8,872 shares of the company's stock worth $403,000 after acquiring an additional 5,460 shares during the period. 63.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Bank of America lowered their target price on Vista Energy from $70.00 to $68.00 and set a "buy" rating on the stock in a report on Wednesday, September 18th. UBS Group restated a "neutral" rating and set a $64.00 target price (up from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. Finally, JPMorgan Chase & Co. upped their target price on shares of Vista Energy from $68.00 to $72.00 and gave the company an "overweight" rating in a report on Friday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $61.40.

Vista Energy Price Performance

Shares of NYSE:VIST opened at $57.14 on Monday. The company has a market capitalization of $5.44 billion, a P/E ratio of 11.07, a P/E/G ratio of 0.92 and a beta of 1.71. Vista Energy, S.A.B. de C.V. has a 1-year low of $30.02 and a 1-year high of $59.47. The firm's 50 day simple moving average is $53.65 and its two-hundred day simple moving average is $49.63. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59.

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.