William Blair Investment Management LLC Cuts Holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

William Blair Investment Management LLC trimmed its position in Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 8.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 246,634 shares of the company’s stock after selling 22,064 shares during the quarter. William Blair Investment Management LLC owned about 0.26% of Vista Energy worth $11,217,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VIST. Blue Trust Inc. grew its holdings in Vista Energy by 5,683.1% during the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock valued at $141,000 after buying an additional 3,353 shares in the last quarter. Rhumbline Advisers increased its position in Vista Energy by 41.0% in the second quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock worth $189,000 after purchasing an additional 1,208 shares during the last quarter. Custom Index Systems LLC purchased a new stake in Vista Energy during the second quarter valued at $343,000. Baader Bank Aktiengesellschaft bought a new position in Vista Energy during the second quarter valued at $354,000. Finally, Commonwealth Equity Services LLC grew its stake in shares of Vista Energy by 18.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 8,914 shares of the company’s stock worth $405,000 after buying an additional 1,359 shares in the last quarter. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. UBS Group lifted their price target on Vista Energy from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. started coverage on Vista Energy in a report on Tuesday, August 20th. They issued an “overweight” rating and a $68.00 target price for the company. Finally, Bank of America began coverage on Vista Energy in a report on Wednesday, August 28th. They set a “buy” rating and a $70.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $59.20.

Vista Energy Trading Up 0.9 %

VIST opened at $47.80 on Tuesday. Vista Energy, S.A.B. de C.V. has a one year low of $25.00 and a one year high of $52.47. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.76 and a current ratio of 0.77. The stock has a market cap of $4.59 billion, a price-to-earnings ratio of 11.06, a P/E/G ratio of 0.37 and a beta of 1.81. The stock’s 50 day moving average price is $47.19 and its 200-day moving average price is $44.67.

Vista Energy (NYSE:VIST) last released its earnings results on Thursday, July 11th. The company reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.66). The business had revenue of $396.72 million during the quarter, compared to analysts’ expectations of $397.46 million. Vista Energy had a return on equity of 38.04% and a net margin of 33.08%. On average, equities analysts forecast that Vista Energy, S.A.B. de C.V. will post 6.2 EPS for the current year.

Vista Energy 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.