Amalgamated Bank Has $674,000 Stock Holdings in Vista Outdoor Inc. (NYSE:VSTO)

Amalgamated Bank trimmed its position in shares of Vista Outdoor Inc. (NYSE:VSTO) by 3.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,201 shares of the company’s stock after selling 586 shares during the quarter. Amalgamated Bank’s holdings in Vista Outdoor were worth $674,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. bought a new position in shares of Vista Outdoor during the second quarter worth about $36,000. Sound Income Strategies LLC bought a new position in shares of Vista Outdoor during the third quarter worth about $41,000. Innealta Capital LLC bought a new position in shares of Vista Outdoor during the second quarter worth about $76,000. Headlands Technologies LLC bought a new position in shares of Vista Outdoor during the second quarter worth about $91,000. Finally, Priebe Wealth Holdings LLC bought a new position in shares of Vista Outdoor during the third quarter worth about $204,000. 90.51% of the stock is owned by institutional investors and hedge funds.

Vista Outdoor Trading Up 0.0 %

NYSE VSTO opened at $44.13 on Friday. The company has a quick ratio of 1.26, a current ratio of 2.90 and a debt-to-equity ratio of 0.48. Vista Outdoor Inc. has a 52 week low of $25.25 and a 52 week high of $44.48. The business has a 50 day moving average price of $42.20 and a 200-day moving average price of $38.76. The company has a market cap of $2.58 billion, a price-to-earnings ratio of -245.17 and a beta of 0.79.

Vista Outdoor (NYSE:VSTO) last issued its earnings results on Wednesday, November 6th. The company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.11. Vista Outdoor had a positive return on equity of 19.53% and a negative net margin of 0.34%. The company had revenue of $665.92 million for the quarter, compared to analyst estimates of $666.72 million. During the same period in the prior year, the firm earned $0.96 earnings per share. Vista Outdoor’s revenue for the quarter was down 1.6% on a year-over-year basis. As a group, equities analysts expect that Vista Outdoor Inc. will post 3.98 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VSTO. Aegis upgraded Vista Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 14th. Monness Crespi & Hardt downgraded Vista Outdoor from a “buy” rating to a “neutral” rating in a report on Monday, October 7th. B. Riley downgraded Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 target price for the company. in a report on Wednesday, August 7th. StockNews.com assumed coverage on Vista Outdoor in a report on Friday. They issued a “buy” rating for the company. Finally, Roth Mkm downgraded Vista Outdoor from a “buy” rating to a “neutral” rating and set a $42.00 target price for the company. in a report on Thursday, September 19th. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $41.20.

Vista Outdoor Company Profile

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The Kinetic Group segment designs, develops, distributes, and manufactures ammunition, primers, and components for hunters, recreational shooters, federal and local law enforcement agencies, and the military.