PNC Financial Services Group Inc. Makes New Investment in Revelyst, Inc. (NYSE:GEAR)

PNC Financial Services Group Inc. bought a new position in Revelyst, Inc. (NYSE:GEAR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,879 shares of the company’s stock, valued at approximately $36,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. purchased a new stake in Revelyst in the fourth quarter worth about $26,000. Jones Financial Companies Lllp bought a new position in shares of Revelyst during the 4th quarter valued at approximately $42,000. KBC Group NV bought a new position in shares of Revelyst during the 4th quarter valued at approximately $43,000. Nisa Investment Advisors LLC purchased a new stake in Revelyst in the 4th quarter worth approximately $61,000. Finally, World Equity Group Inc. bought a new stake in Revelyst during the 4th quarter worth approximately $202,000. 90.51% of the stock is owned by hedge funds and other institutional investors.

Revelyst Price Performance

Shares of NYSE GEAR opened at $20.08 on Friday. The stock has a market capitalization of $1.17 billion, a PE ratio of -111.56 and a beta of 0.75. Revelyst, Inc. has a 1 year low of $18.90 and a 1 year high of $20.09. The stock has a fifty day moving average price of $20.08. The company has a current ratio of 2.90, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48.

About Revelyst

Vista Outdoor Inc is the parent company of renowned brands which design, manufacture and market sporting and outdoor products. The company’s operating segment includes Outdoor Products and Sporting Products. Its brand portfolio includes Remington Ammunition, Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fiber Energy Products, Bell Helmets, Camp Chef, Giro, QuietKat, Stone Glacier, Federal Ammunition and more.