Hsbc Holdings PLC Invests $633,000 in Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

Hsbc Holdings PLC acquired a new position in shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 13,087 shares of the company’s stock, valued at approximately $633,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd boosted its holdings in Vista Energy by 1,009.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 721 shares of the company’s stock worth $25,000 after buying an additional 656 shares during the last quarter. Platinum Investment Management Ltd. acquired a new stake in shares of Vista Energy in the 4th quarter valued at approximately $67,000. Blue Trust Inc. boosted its stake in Vista Energy by 154.8% during the 4th quarter. Blue Trust Inc. now owns 3,091 shares of the company’s stock worth $150,000 after acquiring an additional 1,878 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vista Energy during the 2nd quarter worth approximately $163,000. Finally, Federated Hermes Inc. bought a new position in Vista Energy during the 4th quarter worth approximately $221,000. Institutional investors own 63.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Zacks Research downgraded shares of Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Vista Energy in a report on Tuesday, June 9th. HSBC initiated coverage on shares of Vista Energy in a research report on Sunday, June 14th. They issued a “buy” rating and a $95.00 price objective for the company. UBS Group raised their price objective on Vista Energy from $86.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. lifted their target price on Vista Energy from $89.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $83.24.

Vista Energy Stock Performance

Shares of VIST stock opened at $65.47 on Thursday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.77. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 52 week low of $31.63 and a 52 week high of $81.44. The company’s 50 day moving average price is $69.48 and its two-hundred day moving average price is $63.61. The company has a market capitalization of $6.83 billion, a P/E ratio of 9.57, a price-to-earnings-growth ratio of 0.51 and a beta of 0.63.

Vista Energy (NYSE:VIST) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.53). Vista Energy had a net margin of 25.65% and a return on equity of 14.80%. The company had revenue of $865.01 million during the quarter, compared to analyst estimates of $708.61 million. On average, analysts expect that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 10.21 earnings per share for the current fiscal year.

Vista Energy Company Profile

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.