NS Partners Ltd Takes Position in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

NS Partners Ltd acquired a new position in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 606,100 shares of the company's stock, valued at approximately $26,777,000. NS Partners Ltd owned about 0.64% of Vista Energy at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital World Investors purchased a new stake in Vista Energy during the first quarter valued at about $43,318,000. Maple Rock Capital Partners Inc. bought a new stake in shares of Vista Energy during the first quarter valued at about $21,145,000. Encompass Capital Advisors LLC increased its position in shares of Vista Energy by 41.9% in the second quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company's stock worth $46,562,000 after purchasing an additional 302,138 shares during the last quarter. Gemsstock Ltd. bought a new position in shares of Vista Energy in the second quarter worth approximately $13,307,000. Finally, Sei Investments Co. increased its position in shares of Vista Energy by 253.6% in the second quarter. Sei Investments Co. now owns 316,350 shares of the company's stock worth $14,388,000 after purchasing an additional 226,891 shares during the last quarter. 63.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on VIST. UBS Group raised Vista Energy from a "neutral" rating to a "buy" rating and increased their price objective for the company from $55.00 to $60.00 in a research note on Friday, September 27th. JPMorgan Chase & Co. began coverage on Vista Energy in a research note on Tuesday, August 20th. They set an "overweight" rating and a $68.00 price objective for the company. Finally, Bank of America dropped their price objective on Vista Energy from $70.00 to $68.00 and set a "buy" rating for the company in a research note on Wednesday, September 18th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Vista Energy presently has a consensus rating of "Moderate Buy" and an average target price of $59.80.

Vista Energy Stock Performance

NYSE:VIST traded up $1.13 on Wednesday, hitting $51.01. The stock had a trading volume of 578,211 shares, compared to its average volume of 641,746. The stock has a market cap of $4.86 billion, a price-to-earnings ratio of 9.67, a price-to-earnings-growth ratio of 0.39 and a beta of 1.78. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. The business's 50-day simple moving average is $48.32 and its two-hundred day simple moving average is $46.95. Vista Energy, S.A.B. de C.V. has a 52-week low of $28.43 and a 52-week high of $54.00.

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.