Mutual of America Capital Management LLC Sells 782 Shares of Vista Outdoor Inc. (NYSE:VSTO)

Mutual of America Capital Management LLC lessened its holdings in shares of Vista Outdoor Inc. (NYSE:VSTO) by 8.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 8,785 shares of the company’s stock after selling 782 shares during the period. Mutual of America Capital Management LLC’s holdings in Vista Outdoor were worth $344,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VSTO. Blue Trust Inc. bought a new stake in Vista Outdoor in the second quarter valued at approximately $36,000. Sound Income Strategies LLC bought a new stake in shares of Vista Outdoor during the 3rd quarter worth about $41,000. Innealta Capital LLC acquired a new position in Vista Outdoor in the 2nd quarter valued at about $76,000. Headlands Technologies LLC bought a new position in Vista Outdoor in the 2nd quarter valued at about $91,000. Finally, Priebe Wealth Holdings LLC bought a new stake in shares of Vista Outdoor during the third quarter worth approximately $204,000. 90.51% of the stock is currently owned by institutional investors and hedge funds.

Vista Outdoor Price Performance

Vista Outdoor stock opened at $44.63 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. The company has a market capitalization of $2.61 billion, a P/E ratio of -247.94 and a beta of 0.79. The firm has a 50 day moving average price of $42.99 and a 200-day moving average price of $39.28. Vista Outdoor Inc. has a twelve month low of $26.05 and a twelve month high of $44.72.

Vista Outdoor (NYSE:VSTO) last released its earnings results on Wednesday, November 6th. The company reported $1.03 earnings per share (EPS) 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 business had revenue of $665.92 million during the quarter, compared to the consensus estimate of $666.72 million. During the same period last year, the business posted $0.96 earnings per share. The business’s revenue for the quarter was down 1.6% on a year-over-year basis. As a group, equities analysts predict that Vista Outdoor Inc. will post 4 EPS for the current year.

Analyst Upgrades and Downgrades

VSTO has been the topic of several recent research reports. StockNews.com began coverage on Vista Outdoor in a research report on Saturday, November 23rd. They set a “buy” rating on the stock. Monness Crespi & Hardt cut shares of Vista Outdoor from a “buy” rating to a “neutral” rating in a research note on Monday, October 7th. Aegis lowered Vista Outdoor from a “strong-buy” rating to a “hold” rating in a report on Friday, November 15th. Roth Capital cut Vista Outdoor from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 19th. Finally, Roth Mkm lowered shares of Vista Outdoor from a “buy” rating to a “neutral” rating and set a $42.00 target price on the stock. in a research note on Thursday, September 19th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Vista Outdoor presently has a consensus rating of “Hold” and a consensus price target 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.