432,512 Shares in Vista Energy, S.A.B. de C.V. (NYSE:VIST) Bought by Ninety One North America Inc.

Ninety One North America Inc. bought a new position in Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 432,512 shares of the company's stock, valued at approximately $23,403,000. Ninety One North America Inc. owned about 0.45% of Vista Energy as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Custom Index Systems LLC raised its stake in shares of Vista Energy by 2.9% during the third quarter. Custom Index Systems LLC now owns 7,763 shares of the company's stock valued at $343,000 after acquiring an additional 218 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Vista Energy by 11.4% during the third quarter. Geode Capital Management LLC now owns 14,003 shares of the company's stock valued at $619,000 after purchasing an additional 1,437 shares in the last quarter. Confluence Investment Management LLC increased its holdings in Vista Energy by 15.1% during the third quarter. Confluence Investment Management LLC now owns 11,558 shares of the company's stock valued at $511,000 after buying an additional 1,516 shares during the period. GAMMA Investing LLC lifted its holdings in Vista Energy by 332.4% during the fourth quarter. GAMMA Investing LLC now owns 2,136 shares of the company's stock worth $116,000 after buying an additional 1,642 shares during the period. Finally, Blue Trust Inc. boosted its position in Vista Energy by 33.9% during the 4th quarter. Blue Trust Inc. now owns 11,881 shares of the company's stock valued at $643,000 after acquiring an additional 3,009 shares in the last quarter. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on VIST. UBS Group reiterated a "neutral" rating and issued a $64.00 target price (up previously from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. JPMorgan Chase & Co. boosted 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. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $61.40.

Vista Energy Trading Down 1.7 %

VIST stock traded down $0.89 during midday trading on Friday, hitting $52.65. 816,540 shares of the company's stock were exchanged, compared to its average volume of 888,345. 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 business has a 50-day simple moving average of $55.65 and a two-hundred day simple moving average of $50.84. The stock has a market capitalization of $5.01 billion, a PE ratio of 10.20, a P/E/G ratio of 0.81 and a beta of 1.70. 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 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.