Healthcare of Ontario Pension Plan Trust Fund Cuts Stock Position in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Healthcare of Ontario Pension Plan Trust Fund decreased its holdings in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 22.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 380,700 shares of the company's stock after selling 111,300 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.40% of Vista Energy worth $17,314,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VIST. Capital World Investors bought a new stake in shares of Vista Energy during the 1st quarter worth $43,318,000. Encompass Capital Advisors LLC raised its stake in shares of Vista Energy by 41.9% during the second quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company's stock worth $46,562,000 after acquiring an additional 302,138 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Vista Energy by 32.7% in the 1st quarter. Sei Investments Co. now owns 89,459 shares of the company's stock worth $3,702,000 after acquiring an additional 22,060 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Vista Energy by 12.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 14,255 shares of the company's stock valued at $590,000 after purchasing an additional 1,551 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new position in shares of Vista Energy during the 2nd quarter valued at $574,000. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Bank of America cut their price target on shares of Vista Energy from $70.00 to $68.00 and set a "buy" rating for the company in a research report on Wednesday, September 18th. JPMorgan Chase & Co. assumed coverage on Vista Energy in a research note on Tuesday, August 20th. They issued an "overweight" rating and a $68.00 target price for the company. Finally, UBS Group upgraded Vista Energy from a "neutral" rating to a "buy" rating and raised their price target for the stock from $55.00 to $60.00 in a research report on Friday, September 27th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $59.80.

Vista Energy Trading Down 1.8 %

NYSE:VIST traded down $0.86 during mid-day trading on Friday, reaching $47.99. 603,504 shares of the company's stock traded hands, compared to its average volume of 599,977. Vista Energy, S.A.B. de C.V. has a 12-month low of $25.00 and a 12-month high of $52.47. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.77 and a quick ratio of 0.76. The company has a 50 day moving average price of $47.24 and a 200-day moving average price of $45.41. The firm has a market capitalization of $4.57 billion, a price-to-earnings ratio of 11.10, a PEG ratio of 0.38 and a beta of 1.79.

Vista Energy (NYSE:VIST - Get Free Report) last issued its quarterly earnings data on Thursday, July 11th. The company reported $0.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.40 by ($0.66). The company had revenue of $396.72 million for the quarter, compared to analysts' expectations of $397.46 million. Vista Energy had a net margin of 33.08% and a return on equity of 38.04%. On average, sell-side analysts predict that Vista Energy, S.A.B. de C.V. will post 5.87 earnings per share for the current year.

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.