State of New Jersey Common Pension Fund D Trims Position in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

State of New Jersey Common Pension Fund D lessened its stake in Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 9.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,323 shares of the company’s stock after selling 4,462 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Vista Energy were worth $1,958,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in VIST. Capital World Investors bought a new stake in shares of Vista Energy in the 1st quarter valued at about $43,318,000. Maple Rock Capital Partners Inc. purchased a new position in shares of Vista Energy during the 1st quarter valued at approximately $21,145,000. Encompass Capital Advisors LLC lifted its stake in shares of Vista Energy by 41.9% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock valued at $46,562,000 after purchasing an additional 302,138 shares during the period. Gemsstock Ltd. acquired a new position in shares of Vista Energy in the 2nd quarter valued at $13,307,000. Finally, Thornburg Investment Management Inc. acquired a new position in shares of Vista Energy in the 1st quarter valued at $11,757,000. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VIST. 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 target price for the company. Bank of America reduced their price objective on shares of 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, UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and upped their target price for the stock from $55.00 to $60.00 in a report on Friday, September 27th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Vista Energy presently has an average rating of “Moderate Buy” and an average price target of $59.80.

Vista Energy Stock Down 3.3 %

Shares of VIST opened at $47.61 on Monday. The stock has a market capitalization of $4.53 billion, a PE ratio of 9.23, a P/E/G ratio of 0.39 and a beta of 1.78. Vista Energy, S.A.B. de C.V. has a 1 year low of $25.00 and a 1 year high of $54.00. 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 company’s 50-day simple moving average is $48.18 and its 200-day simple moving average is $46.85.

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.