Channing Global Advisors LLC Trims Holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Channing Global Advisors LLC reduced its stake in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 14.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,561 shares of the company’s stock after selling 4,569 shares during the quarter. Vista Energy makes up approximately 1.0% of Channing Global Advisors LLC’s investment portfolio, making the stock its 25th largest position. Channing Global Advisors LLC’s holdings in Vista Energy were worth $1,218,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in VIST. NS Partners Ltd purchased a new stake in Vista Energy in the 3rd quarter valued at about $26,777,000. Encompass Capital Advisors LLC boosted its holdings in shares of Vista Energy by 41.9% in the second quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock valued at $46,562,000 after purchasing an additional 302,138 shares during the period. Gemsstock Ltd. bought a new position in Vista Energy in the second quarter worth approximately $13,307,000. Sei Investments Co. increased its holdings in Vista Energy by 253.6% during the 2nd quarter. Sei Investments Co. now owns 316,350 shares of the company’s stock worth $14,388,000 after purchasing an additional 226,891 shares during the period. Finally, National Bank of Canada FI bought a new stake in Vista Energy during the 2nd quarter valued at $5,749,000. 63.81% of the stock is currently owned by institutional investors.

Vista Energy Stock Down 0.3 %

NYSE:VIST opened at $53.37 on Friday. The company’s 50-day simple moving average is $49.10 and its 200-day simple moving average is $47.26. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59. Vista Energy, S.A.B. de C.V. has a fifty-two week low of $28.43 and a fifty-two week high of $57.28. The stock has a market capitalization of $5.08 billion, a P/E ratio of 10.34, a P/E/G ratio of 0.43 and a beta of 1.78.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on VIST shares. UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and increased their price target for the stock from $55.00 to $60.00 in a research report on Friday, September 27th. Bank of America reduced their price target on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Vista Energy in a research note on Tuesday, August 20th. They set an “overweight” rating and a $68.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $59.80.

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.