Verition Fund Management LLC Makes New Investment in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Verition Fund Management LLC purchased a new position in shares of Vista Energy, S.A.B. de C.V. (NYSE:VIST) during the third quarter, Holdings Channel.com reports. The fund purchased 31,016 shares of the company’s stock, valued at approximately $1,370,000.

Several other hedge funds have also made changes to their positions in the stock. Blue Trust Inc. boosted its position in Vista Energy by 5,683.1% during the 2nd quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock worth $141,000 after acquiring an additional 3,353 shares during the period. FMR LLC lifted its holdings in Vista Energy by 3,262.5% in the third quarter. FMR LLC now owns 3,497 shares of the company’s stock worth $154,000 after purchasing an additional 3,393 shares during the period. Rhumbline Advisers grew its position in 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 buying an additional 1,208 shares in the last quarter. Custom Index Systems LLC acquired a new position in Vista Energy during the 2nd quarter valued at about $343,000. Finally, Baader Bank Aktiengesellschaft acquired a new stake in shares of Vista Energy in the 2nd quarter worth approximately $354,000. Institutional investors own 63.81% of the company’s stock.

Analyst Ratings Changes

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

Vista Energy Stock Performance

VIST opened at $55.37 on Friday. 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 $5.27 billion, a PE ratio of 10.87, a P/E/G ratio of 0.45 and a beta of 1.75. The business has a fifty day simple moving average of $49.92 and a 200-day simple moving average of $47.58. 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.

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.