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

JPMorgan Chase & Co. increased its stake in Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 795.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,284,311 shares of the company's stock after acquiring an additional 2,029,081 shares during the period. JPMorgan Chase & Co. owned approximately 2.40% of Vista Energy worth $123,604,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VIST. State Street Corp boosted its stake in Vista Energy by 53.9% during the 3rd quarter. State Street Corp now owns 100,965 shares of the company's stock valued at $4,461,000 after purchasing an additional 35,342 shares in the last quarter. Lebenthal Global Advisors LLC bought a new stake in Vista Energy in the fourth quarter worth about $343,000. US Bancorp DE bought a new stake in shares of Vista Energy in the 4th quarter worth approximately $1,019,000. William Blair Investment Management LLC lifted its stake in 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 during the last quarter. Finally, Aubrey Capital Management Ltd acquired a new position in Vista Energy in the fourth quarter worth approximately $498,000. Institutional investors and hedge funds own 63.81% of the company's stock.

Vista Energy Stock Down 10.8 %

VIST stock traded down $4.67 during mid-day trading on Friday, hitting $38.66. The stock had a trading volume of 2,250,322 shares, compared to its average volume of 800,813. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 7.49, a PEG ratio of 0.83 and a beta of 1.22. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48. 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 fifty day moving average of $49.44 and a 200 day moving average of $51.22.

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

Analysts Set New Price Targets

Several analysts have issued reports on the company. Citigroup upgraded Vista Energy from a "neutral" rating to a "buy" rating and set a $66.00 price objective on the stock in a report on Thursday, February 13th. JPMorgan Chase & Co. boosted their price target on shares of Vista Energy from $68.00 to $72.00 and gave the company an "overweight" rating in a report on Friday, January 10th. The Goldman Sachs Group started coverage on shares of Vista Energy in a research note on Friday, February 21st. They issued a "buy" rating and a $65.40 price objective for the company. Finally, UBS Group restated a "neutral" rating and issued a $64.00 target price (up previously from $60.00) on shares of Vista Energy in a report on Friday, January 3rd. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $64.73.

Vista Energy 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.