JPMorgan Chase & Co. Acquires 2,029,081 Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST)

JPMorgan Chase & Co. grew its holdings in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 795.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,284,311 shares of the company's stock after purchasing an additional 2,029,081 shares during the period. JPMorgan Chase & Co. owned approximately 2.40% of Vista Energy worth $123,604,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Ninety One UK Ltd bought a new stake in shares of Vista Energy during the fourth quarter valued at approximately $38,149,000. Ninety One North America Inc. bought a new stake in shares of Vista Energy in the 4th quarter worth $23,403,000. WCM Investment Management LLC purchased a new position in shares of Vista Energy in the fourth quarter worth $21,120,000. William Blair Investment Management LLC lifted its holdings in shares of Vista Energy by 27.8% during the fourth quarter. William Blair Investment Management LLC now owns 1,022,172 shares of the company's stock valued at $55,307,000 after purchasing an additional 222,165 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of Vista Energy by 64.8% during the fourth quarter. Sei Investments Co. now owns 518,859 shares of the company's stock valued at $28,075,000 after buying an additional 203,999 shares during the last quarter. 63.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

VIST has been the subject of several research reports. The Goldman Sachs Group began coverage on shares of Vista Energy in a report on Friday, February 21st. They set a "buy" rating and a $65.40 price objective for the company. UBS Group reiterated 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. raised their price target on Vista Energy from $68.00 to $72.00 and gave the stock an "overweight" rating in a research note on Friday, January 10th. Finally, Citigroup upgraded Vista Energy from a "neutral" rating to a "buy" rating and set a $66.00 price objective for the company in a research report on Thursday, February 13th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $64.73.

Vista Energy Stock Performance

Shares of Vista Energy stock traded down $4.67 on Friday, hitting $38.66. 2,250,322 shares of the company's stock were exchanged, compared to its average volume of 801,502. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a market capitalization of $3.68 billion, a PE ratio of 7.49, a PEG ratio of 0.83 and a beta of 1.22. Vista Energy, S.A.B. de C.V. has a 1 year low of $36.01 and a 1 year high of $61.67. The company has a 50-day simple moving average of $49.44 and a 200-day simple moving average of $51.27.

Vista Energy (NYSE:VIST - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.67). Vista Energy had a net margin of 34.78% and a return on equity of 30.06%. The company had revenue of $471.32 million for the quarter, compared to analysts' expectations of $464.55 million. As a group, equities analysts anticipate that Vista Energy, S.A.B. de C.V. will post 5.74 EPS for the current year.

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.