Vista Energy, S.A.B. de C.V. (NYSE:VIST) Shares Sold by Deltec Asset Management LLC

Deltec Asset Management LLC cut its stake in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 18.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 137,961 shares of the company's stock after selling 32,000 shares during the quarter. Vista Energy makes up approximately 1.2% of Deltec Asset Management LLC's holdings, making the stock its 23rd biggest holding. Deltec Asset Management LLC owned about 0.14% of Vista Energy worth $6,095,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VIST. Janney Montgomery Scott LLC raised its holdings in shares of Vista Energy by 12.2% in the first quarter. Janney Montgomery Scott LLC now owns 14,255 shares of the company's stock valued at $590,000 after acquiring an additional 1,551 shares in the last quarter. Sei Investments Co. raised 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 valued at $3,702,000 after purchasing an additional 22,060 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in shares of Vista Energy in the 1st quarter worth approximately $11,119,000. Thornburg Investment Management Inc. bought a new position in shares of Vista Energy during the first quarter valued at approximately $11,757,000. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Vista Energy by 0.9% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 492,000 shares of the company's stock valued at $20,359,000 after purchasing an additional 4,200 shares in the last quarter. Institutional investors own 63.81% of the company's stock.

Vista Energy Stock Up 0.1 %

Shares of VIST traded up $0.05 during midday trading on Wednesday, hitting $50.70. 660,774 shares of the company's stock traded hands, compared to its average volume of 623,760. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $4.83 billion, a price-to-earnings ratio of 9.81, a price-to-earnings-growth ratio of 0.42 and a beta of 1.79. Vista Energy, S.A.B. de C.V. has a 1 year low of $25.00 and a 1 year high of $54.00. The firm's fifty day moving average is $48.46 and its 200-day moving average is $46.27.

Wall Street Analyst Weigh In

A number of analysts have weighed in on VIST shares. UBS Group upgraded Vista Energy from a "neutral" rating to a "buy" rating and upped their target price for the stock from $55.00 to $60.00 in a report on Friday, September 27th. Bank of America decreased 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. Finally, 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 on the stock. One analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $59.80.

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.