Verition Fund Management LLC Buys Shares of 31,016 Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Verition Fund Management LLC purchased a new position in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,016 shares of the company's stock, valued at approximately $1,370,000.

A number of other large investors also recently modified their holdings of VIST. Encompass Capital Advisors LLC boosted its position in Vista Energy by 41.9% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company's stock worth $46,562,000 after buying an additional 302,138 shares during the period. Connective Portfolio Management LLC raised its stake in shares of Vista Energy by 123.1% during the third quarter. Connective Portfolio Management LLC now owns 29,000 shares of the company's stock valued at $1,281,000 after acquiring an additional 16,000 shares during the last quarter. Verde Servicos Internacionais S.A. acquired a new position in shares of Vista Energy during the third quarter worth $994,000. Blue Trust Inc. grew its stake in shares of Vista Energy by 160.0% in the third quarter. Blue Trust Inc. now owns 8,872 shares of the company's stock worth $403,000 after purchasing an additional 5,460 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in Vista Energy by 8.1% in the third quarter. Victory Capital Management Inc. now owns 118,522 shares of the company's stock valued at $5,236,000 after purchasing an additional 8,865 shares during the period. 63.81% of the stock is currently owned by institutional investors.

Vista Energy Stock Down 1.3 %

Shares of Vista Energy stock traded down $0.74 during trading on Friday, reaching $55.37. 1,354,987 shares of the company traded hands, compared to its average volume of 1,116,210. The company has a 50 day moving average price of $50.11 and a 200-day moving average price of $47.63. The firm has a market capitalization of $5.27 billion, a PE ratio of 10.73, a P/E/G ratio of 0.45 and a beta of 1.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59. Vista Energy, S.A.B. de C.V. has a 1-year low of $28.43 and a 1-year high of $57.28.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. UBS Group raised Vista Energy from a "neutral" rating to a "buy" rating and increased their price target for the company from $55.00 to $60.00 in a research note on Friday, September 27th. Bank of America lowered their price target on shares of Vista Energy from $70.00 to $68.00 and set a "buy" rating for the company in a report on Wednesday, September 18th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Vista Energy in a research note on Tuesday, August 20th. They issued an "overweight" rating and a $68.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock 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.