Blue Trust Inc. Cuts Stock Holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Blue Trust Inc. trimmed its position in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST - Free Report) by 87.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,080 shares of the company's stock after selling 7,792 shares during the quarter. Blue Trust Inc.'s holdings in Vista Energy were worth $58,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Ninety One UK Ltd purchased a new position in shares of Vista Energy in the 4th quarter worth about $38,149,000. NS Partners Ltd purchased a new position in shares of Vista Energy in the 3rd quarter worth about $26,777,000. Ninety One North America Inc. purchased a new position in shares of Vista Energy in the 4th quarter worth about $23,403,000. WCM Investment Management LLC purchased a new position in shares of Vista Energy in the 4th quarter worth about $21,120,000. Finally, Itau Unibanco Holding S.A. boosted its holdings in shares of Vista Energy by 204.1% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 66,000 shares of the company's stock worth $2,916,000 after buying an additional 44,300 shares during the last quarter. 63.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on VIST. JPMorgan Chase & Co. boosted their price target on shares of Vista Energy from $68.00 to $72.00 and gave the stock an "overweight" rating in a report on Friday, January 10th. Citigroup upgraded 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 restated a "neutral" rating and issued a $64.00 price objective (up from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. Finally, The Goldman Sachs Group assumed coverage on Vista Energy in a research note on Friday, February 21st. They issued a "buy" rating and a $65.40 price objective on the stock. One analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $64.73.

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Vista Energy Stock Performance

Vista Energy stock traded up $2.08 during midday trading on Friday, reaching $50.77. The stock had a trading volume of 1,321,081 shares, compared to its average volume of 921,792. Vista Energy, S.A.B. de C.V. has a 12 month low of $35.54 and a 12 month high of $61.67. The firm's 50-day moving average price is $54.35 and its 200 day moving average price is $51.69. The firm has a market capitalization of $4.83 billion, a PE ratio of 9.84, a P/E/G ratio of 0.83 and a beta of 1.70. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48.

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

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.