WCM Investment Management LLC Purchases Shares of 390,453 Vista Energy, S.A.B. de C.V. (NYSE:VIST)

WCM Investment Management LLC acquired a new position in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 390,453 shares of the company’s stock, valued at approximately $21,120,000.

Several other hedge funds have also modified their holdings of the stock. Ninety One UK Ltd purchased a new position in Vista Energy during the fourth quarter worth approximately $38,149,000. NS Partners Ltd acquired a new position in Vista Energy in the third quarter valued at $26,777,000. Ninety One North America Inc. acquired a new position in Vista Energy in the fourth quarter valued at $23,403,000. Itau Unibanco Holding S.A. grew its position in Vista Energy by 204.1% during the third quarter. Itau Unibanco Holding S.A. now owns 66,000 shares of the company’s stock valued at $2,916,000 after acquiring an additional 44,300 shares during the period. Finally, TT International Asset Management LTD increased its stake in Vista Energy by 2.3% during the third quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock worth $85,435,000 after acquiring an additional 43,664 shares during the last quarter. 63.81% of the stock is owned by institutional investors and hedge funds.

Vista Energy Stock Down 1.7 %

Shares of Vista Energy stock opened at $52.65 on Friday. Vista Energy, S.A.B. de C.V. has a 1-year low of $30.46 and a 1-year high of $61.67. The business has a 50-day moving average of $55.64 and a 200-day moving average of $50.90. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59. The company has a market capitalization of $5.01 billion, a PE ratio of 10.20, a P/E/G ratio of 0.80 and a beta of 1.70.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their target price on Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. UBS Group reissued a “neutral” rating and issued a $64.00 price objective (up previously from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Vista Energy has an average rating of “Moderate Buy” and an average target price of $61.40.

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.