Deltec Asset Management LLC Has $6.10 Million Stock Position in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Deltec Asset Management LLC cut its holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 18.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 137,961 shares of the company’s stock after selling 32,000 shares during the quarter. Vista Energy makes up 1.2% of Deltec Asset Management LLC’s holdings, making the stock its 23rd biggest holding. Deltec Asset Management LLC owned approximately 0.14% of Vista Energy worth $6,095,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Encompass Capital Advisors LLC increased its holdings 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 buying an additional 302,138 shares in the last quarter. Capital World Investors bought a new stake in Vista Energy during the 1st quarter worth $43,318,000. Connective Portfolio Management LLC increased its holdings in Vista Energy by 123.1% in the 3rd quarter. Connective Portfolio Management LLC now owns 29,000 shares of the company’s stock worth $1,281,000 after purchasing an additional 16,000 shares in the last quarter. Verde Servicos Internacionais S.A. bought a new position in Vista Energy in the third quarter valued at about $994,000. Finally, Blue Trust Inc. boosted its stake in shares of Vista Energy by 160.0% during the third quarter. Blue Trust Inc. now owns 8,872 shares of the company’s stock valued at $403,000 after purchasing an additional 5,460 shares in the last quarter. Institutional investors own 63.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VIST. JPMorgan Chase & Co. initiated coverage on shares of Vista Energy in a report on Tuesday, August 20th. They set an “overweight” rating and a $68.00 target price on the stock. 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 report on Wednesday, September 18th. Finally, UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $55.00 to $60.00 in a report on Friday, September 27th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.80.

Vista Energy Price Performance

Shares of NYSE VIST opened at $50.63 on Wednesday. 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 firm’s 50-day simple moving average is $48.46 and its 200 day simple moving average is $46.27. The stock has a market cap of $4.82 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 0.42 and a beta of 1.79. Vista Energy, S.A.B. de C.V. has a fifty-two week low of $25.00 and a fifty-two week high of $54.00.

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.