William Blair Investment Management LLC Sells 531,890 Shares of Vista Energy, S.A.B. de C.V. – Sponsored ADR $VIST

William Blair Investment Management LLC cut its stake in Vista Energy, S.A.B. de C.V. – Sponsored ADR (NYSE:VIST) by 45.9% in the second quarter, HoldingsChannel.com reports. The fund owned 627,389 shares of the company’s stock after selling 531,890 shares during the period. William Blair Investment Management LLC’s holdings in Vista Energy were worth $30,003,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Deutsche Bank AG increased its holdings in shares of Vista Energy by 9.6% in the first quarter. Deutsche Bank AG now owns 6,716 shares of the company’s stock worth $313,000 after acquiring an additional 590 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Vista Energy by 14.6% in the first quarter. Oppenheimer & Co. Inc. now owns 4,950 shares of the company’s stock worth $230,000 after acquiring an additional 632 shares in the last quarter. Money Concepts Capital Corp increased its holdings in shares of Vista Energy by 5.1% in the first quarter. Money Concepts Capital Corp now owns 16,896 shares of the company’s stock worth $787,000 after acquiring an additional 813 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of Vista Energy by 19.7% in the first quarter. D.A. Davidson & CO. now owns 9,599 shares of the company’s stock worth $447,000 after acquiring an additional 1,577 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in shares of Vista Energy by 4.0% in the first quarter. SBI Securities Co. Ltd. now owns 42,924 shares of the company’s stock worth $1,999,000 after acquiring an additional 1,654 shares in the last quarter. 63.81% of the stock is currently owned by institutional investors.

Vista Energy Stock Down 0.2%

VIST stock opened at $35.55 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.41 and a quick ratio of 0.41. The stock has a market capitalization of $3.38 billion, a P/E ratio of 6.41 and a beta of 0.97. The business has a 50-day moving average of $37.60 and a 200-day moving average of $43.46. Vista Energy, S.A.B. de C.V. – Sponsored ADR has a fifty-two week low of $31.63 and a fifty-two week high of $61.67.

Wall Street Analyst Weigh In

Several brokerages have issued reports on VIST. JPMorgan Chase & Co. lowered their price target on Vista Energy from $57.00 to $50.00 and set an “overweight” rating for the company in a report on Friday. Zacks Research cut Vista Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th. Wall Street Zen cut Vista Energy from a “hold” rating to a “sell” rating in a research report on Saturday, October 11th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vista Energy in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $59.60.

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