Pictet Asset Management Holding SA Reduces Position in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Pictet Asset Management Holding SA trimmed its position in Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 41.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 148,160 shares of the company's stock after selling 102,856 shares during the quarter. Pictet Asset Management Holding SA owned approximately 0.16% of Vista Energy worth $8,017,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VIST. State Street Corp lifted its stake in shares of Vista Energy by 53.9% in 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 during the last quarter. Lebenthal Global Advisors LLC bought a new stake in shares of Vista Energy in the 4th quarter worth approximately $343,000. US Bancorp DE acquired a new position in shares of Vista Energy in the 4th quarter valued at $1,019,000. William Blair Investment Management LLC boosted its holdings 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 in the last quarter. Finally, Aubrey Capital Management Ltd bought a new position in shares of Vista Energy during the fourth quarter valued at $498,000. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Vista Energy Stock Down 10.8 %

Shares of NYSE VIST traded down $4.67 during trading on Friday, hitting $38.66. 2,250,322 shares of the company traded hands, compared to its average volume of 800,813. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59. The business's fifty day moving average is $49.44 and its 200 day moving average is $51.22. Vista Energy, S.A.B. de C.V. has a fifty-two week low of $36.01 and a fifty-two week high of $61.67. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 7.49, a P/E/G ratio of 0.83 and a beta of 1.22.

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

Analyst Ratings Changes

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