Citigroup Inc. Sells 582,418 Shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Citigroup Inc. cut its holdings in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 26.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,656,346 shares of the company’s stock after selling 582,418 shares during the period. Citigroup Inc. owned 1.74% of Vista Energy worth $73,177,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of VIST. Custom Index Systems LLC increased its holdings in Vista Energy by 2.9% in the third 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. Rhumbline Advisers increased its stake 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 last quarter. Commonwealth Equity Services LLC raised its position 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 valued at $405,000 after acquiring an additional 1,359 shares during the period. Confluence Investment Management LLC raised its position 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 valued at $511,000 after acquiring an additional 1,516 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in Vista Energy by 2.6% during the 2nd quarter. Victory Capital Management Inc. now owns 109,657 shares of the company’s stock worth $4,987,000 after acquiring an additional 2,750 shares during the last quarter. Institutional investors and hedge funds own 63.81% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on VIST shares. Bank of America cut their target price on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, September 18th. UBS Group raised Vista Energy from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $55.00 to $60.00 in a research note on Friday, September 27th. Finally, JPMorgan Chase & Co. started coverage on Vista Energy in a research note on Tuesday, August 20th. They issued an “overweight” rating and a $68.00 target price for the company. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Vista Energy currently has an average rating of “Moderate Buy” and a consensus target price of $59.80.

Vista Energy Stock Up 9.2 %

Vista Energy stock opened at $56.51 on Friday. Vista Energy, S.A.B. de C.V. has a twelve month low of $28.43 and a twelve month high of $56.64. 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 company has a 50 day moving average of $48.71 and a 200-day moving average of $47.09. The stock has a market capitalization of $5.38 billion, a PE ratio of 10.95, a price-to-earnings-growth ratio of 0.42 and a beta of 1.78.

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.