Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC lowered its position in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 8.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,137,265 shares of the company’s stock after selling 108,333 shares during the quarter. William Blair Investment Management LLC owned 1.03% of Vista Energy worth $74,306,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Ninety One UK Ltd boosted its position in shares of Vista Energy by 16.9% in the 3rd quarter. Ninety One UK Ltd now owns 2,212,079 shares of the company’s stock worth $144,559,000 after buying an additional 320,074 shares in the last quarter. Lazard Asset Management LLC purchased a new position in Vista Energy during the 1st quarter valued at about $102,610,000. TT International Asset Management LTD raised its position in Vista Energy by 9,790.3% during the third quarter. TT International Asset Management LTD now owns 1,087,935 shares of the company’s stock worth $71,097,000 after acquiring an additional 1,076,935 shares during the last quarter. Cape Ann Asset Management Ltd raised its position in Vista Energy by 35.1% during the first quarter. Cape Ann Asset Management Ltd now owns 931,842 shares of the company’s stock worth $70,326,000 after acquiring an additional 241,942 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Vista Energy by 824.7% during the first quarter. Bank of America Corp DE now owns 928,394 shares of the company’s stock worth $70,066,000 after acquiring an additional 827,997 shares during the last quarter. Institutional investors and hedge funds own 63.81% of the company’s stock.

Vista Energy Price Performance

Vista Energy stock traded up $0.38 during midday trading on Friday, reaching $55.87. 1,376,025 shares of the company were exchanged, compared to its average volume of 1,111,479. The firm’s 50-day simple moving average is $68.40 and its 200-day simple moving average is $67.26. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a 1 year low of $43.71 and a 1 year high of $81.44. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 7.77, a P/E/G ratio of 0.58 and a beta of 0.58. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.71 and a current ratio of 0.72.

Vista Energy (NYSE:VIST) last released its earnings results on Wednesday, October 28th. The company reported $2.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.63). Vista Energy had a net margin of 19.66% and a return on equity of 20.79%. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.14 billion. On average, analysts anticipate that Vista Energy, S.A.B. de C.V. – Sponsored ADR will post 10.05 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on VIST shares. Weiss Ratings cut shares of Vista Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, November 9th. Zacks Research upgraded Vista Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 30th. JPMorgan Chase & Co. reduced their target price on Vista Energy from $94.00 to $87.00 and set an “overweight” rating on the stock in a research note on Thursday, October 29th. Finally, Wall Street Zen cut Vista Energy from a “buy” rating to a “hold” rating in a report on Sunday. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $82.04.

About Vista Energy

Vista Energy is an independent energy company focused on the exploration, development and production of oil and natural gas in Argentina. Its operations are concentrated in the Vaca Muerta shale formation, one of the country’s major unconventional oil and gas regions. The company produces crude oil, natural gas and natural gas liquids, serving domestic and international markets. It was established in 2017 by Miguel Galuccio, its chief executive officer, and began operations the following year.