Spire Wealth Management Decreases Stock Holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Spire Wealth Management trimmed its holdings in Vista Energy, S.A.B. de C.V. (NYSE:VIST) by 14.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 75,775 shares of the company’s stock after selling 12,708 shares during the quarter. Spire Wealth Management’s holdings in Vista Energy were worth $2,391,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Raymond James & Associates raised its position in Vista Energy by 5.2% in the 4th quarter. Raymond James & Associates now owns 12,125 shares of the company’s stock valued at $358,000 after purchasing an additional 601 shares during the last quarter. Blue Trust Inc. raised its stake in Vista Energy by 4,205.7% during the 4th quarter. Blue Trust Inc. now owns 1,507 shares of the company’s stock valued at $46,000 after acquiring an additional 1,472 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Vista Energy by 1.4% in the 3rd quarter. Victory Capital Management Inc. now owns 139,475 shares of the company’s stock valued at $4,239,000 after purchasing an additional 1,911 shares during the last quarter. Sigma Planning Corp increased its stake in Vista Energy by 18.6% in the 4th quarter. Sigma Planning Corp now owns 12,675 shares of the company’s stock valued at $374,000 after buying an additional 1,990 shares during the period. Finally, Truist Financial Corp lifted its position in Vista Energy by 2.5% in the fourth quarter. Truist Financial Corp now owns 102,674 shares of the company’s stock valued at $3,030,000 after purchasing an additional 2,520 shares during the period. 63.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the stock. UBS Group upped their price target on shares of Vista Energy from $47.00 to $50.00 and gave the company a “neutral” rating in a report on Wednesday, May 1st. Citigroup lowered shares of Vista Energy from a “buy” rating to a “neutral” rating and upped their target price for the company from $40.00 to $50.00 in a report on Wednesday, April 17th. Finally, Jefferies Financial Group raised their price objective on Vista Energy from $50.00 to $53.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th.

Vista Energy Stock Performance

Shares of NYSE:VIST traded up $0.53 during trading hours on Tuesday, hitting $46.21. The stock had a trading volume of 109,411 shares, compared to its average volume of 498,766. The stock’s fifty day simple moving average is $40.99 and its 200 day simple moving average is $34.09. The firm has a market capitalization of $4.29 billion, a price-to-earnings ratio of 13.24 and a beta of 1.93. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.88 and a current ratio of 0.89. Vista Energy, S.A.B. de C.V. has a 1-year low of $19.62 and a 1-year high of $46.98.

Vista Energy (NYSE:VIST) last released its quarterly earnings data on Tuesday, February 20th. The company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.98. The firm had revenue of $309.20 million during the quarter, compared to analysts’ expectations of $346.50 million. Vista Energy had a return on equity of 39.92% and a net margin of 30.24%. Sell-side analysts anticipate that Vista Energy, S.A.B. de C.V. will post 6.51 earnings per share for the current fiscal year.

Vista Energy Company 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 also owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.