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

Blue Trust Inc. grew its stake in Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 160.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 8,872 shares of the company’s stock after buying an additional 5,460 shares during the period. Blue Trust Inc.’s holdings in Vista Energy were worth $403,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Connective Portfolio Management LLC increased its position in Vista Energy by 123.1% in the third quarter. Connective Portfolio Management LLC now owns 29,000 shares of the company’s stock worth $1,281,000 after buying an additional 16,000 shares in the last quarter. Verde Servicos Internacionais S.A. purchased a new stake in shares of Vista Energy during the third quarter worth about $994,000. Diversified Trust Co purchased a new stake in shares of Vista Energy during the third quarter worth about $694,000. Millennium Management LLC grew its position in shares of Vista Energy by 30.5% during the second quarter. Millennium Management LLC now owns 249,512 shares of the company’s stock worth $11,348,000 after purchasing an additional 58,293 shares in the last quarter. Finally, Encompass Capital Advisors LLC grew its position 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 purchasing an additional 302,138 shares in the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Wall Street Analyst Weigh In

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

Vista Energy Price Performance

Shares of Vista Energy stock opened at $47.65 on Thursday. The stock has a 50 day moving average of $48.37 and a 200 day moving average of $46.02. 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 firm has a market cap of $4.58 billion, a PE ratio of 11.03, a PEG ratio of 0.40 and a beta of 1.79. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 0.50.

Vista Energy Company 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.