Vista Outdoor Inc. (NYSE:VSTO) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. lifted its stake in shares of Vista Outdoor Inc. (NYSE:VSTO) by 67.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 81,884 shares of the company’s stock after buying an additional 32,991 shares during the quarter. Victory Capital Management Inc.’s holdings in Vista Outdoor were worth $3,208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Vista Outdoor by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 4,982,471 shares of the company’s stock worth $163,325,000 after buying an additional 54,189 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Vista Outdoor by 19.2% during the 2nd quarter. American Century Companies Inc. now owns 1,352,785 shares of the company’s stock worth $50,932,000 after buying an additional 218,018 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vista Outdoor by 1.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 508,904 shares of the company’s stock worth $19,160,000 after buying an additional 5,945 shares during the last quarter. Bridgeway Capital Management LLC raised its stake in shares of Vista Outdoor by 7.0% during the 1st quarter. Bridgeway Capital Management LLC now owns 501,898 shares of the company’s stock worth $16,452,000 after buying an additional 32,675 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Vista Outdoor by 2.8% during the 3rd quarter. Principal Financial Group Inc. now owns 295,083 shares of the company’s stock worth $11,561,000 after buying an additional 7,975 shares during the last quarter. Institutional investors and hedge funds own 90.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Monness Crespi & Hardt downgraded Vista Outdoor from a “buy” rating to a “neutral” rating in a research note on Monday, October 7th. Aegis cut Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 15th. StockNews.com started coverage on Vista Outdoor in a research report on Saturday. They set a “buy” rating for the company. B. Riley cut Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 price objective for the company. in a research report on Wednesday, August 7th. Finally, Roth Capital cut Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 19th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $41.20.

Vista Outdoor Stock Up 0.4 %

VSTO opened at $44.42 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.90 and a quick ratio of 1.26. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of -246.78 and a beta of 0.79. The business has a 50-day moving average of $42.71 and a two-hundred day moving average of $39.10. Vista Outdoor Inc. has a 12 month low of $26.05 and a 12 month high of $44.48.

Vista Outdoor (NYSE:VSTO) last released its quarterly earnings data on Wednesday, November 6th. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.11. The business had revenue of $665.92 million for the quarter, compared to analyst estimates of $666.72 million. Vista Outdoor had a positive return on equity of 19.53% and a negative net margin of 0.34%. The company’s revenue was down 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.96 EPS. On average, research analysts expect that Vista Outdoor Inc. will post 4 earnings per share for the current year.

Vista Outdoor 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.