Connective Portfolio Management LLC Has $703,000 Position in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Connective Portfolio Management LLC cut its stake in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 55.2% in the fourth quarter, Holdings Channel reports. The fund owned 13,000 shares of the company’s stock after selling 16,000 shares during the period. Connective Portfolio Management LLC’s holdings in Vista Energy were worth $703,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in Vista Energy by 332.4% during the 4th quarter. GAMMA Investing LLC now owns 2,136 shares of the company’s stock worth $116,000 after acquiring an additional 1,642 shares during the last quarter. FMR LLC raised its holdings in Vista Energy by 3,262.5% during the third quarter. FMR LLC now owns 3,497 shares of the company’s stock worth $154,000 after acquiring an additional 3,393 shares in the last quarter. Rhumbline Advisers grew its position in shares of Vista Energy by 41.0% in the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after acquiring an additional 1,208 shares during the period. Custom Index Systems LLC lifted its holdings in Vista Energy by 2.9% during the 3rd quarter. Custom Index Systems LLC now owns 7,763 shares of the company’s stock valued at $343,000 after purchasing an additional 218 shares during the last quarter. Finally, Centiva Capital LP bought a new position in shares of Vista Energy during the third quarter worth approximately $389,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VIST has been the topic of a number of recent analyst reports. UBS Group reissued a “neutral” rating and issued a $64.00 price objective (up from $60.00) on shares of Vista Energy in a research note on Friday, January 3rd. JPMorgan Chase & Co. lifted their price target on shares of Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. Finally, Bank of America decreased their target price 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. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $61.40.

Vista Energy Stock Up 1.4 %

VIST stock opened at $59.62 on Thursday. The stock has a fifty day moving average of $53.95 and a 200-day moving average of $49.80. The company has a market capitalization of $5.68 billion, a price-to-earnings ratio of 11.55, a PEG ratio of 0.83 and a beta of 1.71. Vista Energy, S.A.B. de C.V. has a fifty-two week low of $30.02 and a fifty-two week high of $59.95. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59.

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.