Truist Financial Corp Increases Position in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Truist Financial Corp lifted its position in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,674 shares of the company’s stock after buying an additional 2,520 shares during the period. Truist Financial Corp owned about 0.11% of Vista Energy worth $3,030,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VIST. Causeway Capital Management LLC boosted its holdings in Vista Energy by 8.0% during the 3rd quarter. Causeway Capital Management LLC now owns 464,195 shares of the company’s stock valued at $14,107,000 after acquiring an additional 34,563 shares during the period. Raymond James & Associates grew its holdings in Vista Energy by 5.2% in the 4th quarter. Raymond James & Associates now owns 12,125 shares of the company’s stock worth $358,000 after acquiring an additional 601 shares during the last quarter. PointState Capital LP raised its stake in shares of Vista Energy by 120.1% during the third quarter. PointState Capital LP now owns 2,146,577 shares of the company’s stock valued at $65,234,000 after acquiring an additional 1,171,354 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Vista Energy by 1.3% during the third quarter. American Century Companies Inc. now owns 350,694 shares of the company’s stock worth $10,658,000 after purchasing an additional 4,334 shares during the period. Finally, Quantbot Technologies LP bought a new stake in shares of Vista Energy in the third quarter worth about $948,000. 63.81% of the stock is currently owned by institutional investors.

Vista Energy Stock Up 1.9 %

VIST stock opened at $46.55 on Wednesday. The company has a market capitalization of $4.32 billion, a price-to-earnings ratio of 13.49 and a beta of 1.93. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.88 and a current ratio of 0.89. The business’s 50 day moving average price is $41.19 and its two-hundred day moving average price is $34.19. Vista Energy, S.A.B. de C.V. has a fifty-two week low of $19.62 and a fifty-two week high of $46.98.

Vista Energy (NYSE:VIST) last issued its quarterly earnings results on Tuesday, February 20th. The company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.98. The company had revenue of $309.20 million for the quarter, compared to analysts’ expectations of $346.50 million. Vista Energy had a return on equity of 39.92% and a net margin of 30.24%. As a group, analysts forecast that Vista Energy, S.A.B. de C.V. will post 6.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Citigroup lowered Vista Energy from a “buy” rating to a “neutral” rating and upped their price target for the company from $40.00 to $50.00 in a research report on Wednesday, April 17th. Jefferies Financial Group raised their price target on Vista Energy from $50.00 to $53.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Finally, UBS Group boosted their price objective on shares of Vista Energy from $47.00 to $50.00 and gave the company a “neutral” rating in a research report on Wednesday, May 1st.

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 also owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.