Deltec Asset Management LLC Sells 4,500 Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Deltec Asset Management LLC reduced its stake in Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 3.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 133,461 shares of the company’s stock after selling 4,500 shares during the quarter. Vista Energy accounts for approximately 1.4% of Deltec Asset Management LLC’s holdings, making the stock its 17th largest position. Deltec Asset Management LLC’s holdings in Vista Energy were worth $7,222,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Custom Index Systems LLC boosted its holdings in shares of Vista Energy by 2.9% in the 3rd quarter. Custom Index Systems LLC now owns 7,763 shares of the company’s stock worth $343,000 after purchasing an additional 218 shares during the period. Money Concepts Capital Corp boosted its stake in Vista Energy by 2.4% during the fourth quarter. Money Concepts Capital Corp now owns 16,083 shares of the company’s stock worth $870,000 after buying an additional 380 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in Vista Energy by 40.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company’s stock valued at $83,000 after acquiring an additional 441 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Vista Energy by 11.4% in the third quarter. Geode Capital Management LLC now owns 14,003 shares of the company’s stock valued at $619,000 after acquiring an additional 1,437 shares during the period. Finally, Confluence Investment Management LLC lifted its holdings in shares of Vista Energy by 15.1% in the 3rd quarter. Confluence Investment Management LLC now owns 11,558 shares of the company’s stock worth $511,000 after acquiring an additional 1,516 shares during the last quarter. 63.81% of the stock is currently owned by institutional investors.

Vista Energy Stock Performance

Shares of VIST stock opened at $53.19 on Wednesday. The company’s 50 day moving average is $55.67 and its 200 day moving average is $50.81. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 0.81 and a beta of 1.70. Vista Energy, S.A.B. de C.V. has a 52-week low of $30.46 and a 52-week high of $61.67.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VIST. UBS Group reiterated a “neutral” rating and set a $64.00 target price (up from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. JPMorgan Chase & Co. lifted their target price on Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a research report on Friday, January 10th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.40.

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.