Vista Outdoor Inc. (NYSE:VSTO) Shares Sold by Rhumbline Advisers

Rhumbline Advisers decreased its position in shares of Vista Outdoor Inc. (NYSE:VSTO) by 0.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 160,814 shares of the company’s stock after selling 349 shares during the quarter. Rhumbline Advisers’ holdings in Vista Outdoor were worth $6,055,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of VSTO. Charles Schwab Investment Management Inc. lifted its holdings in Vista Outdoor by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 815,346 shares of the company’s stock valued at $24,110,000 after purchasing an additional 18,442 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Vista Outdoor by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,161,469 shares of the company’s stock valued at $123,056,000 after buying an additional 21,733 shares during the last quarter. Brown Advisory Inc. lifted its position in Vista Outdoor by 14.2% in the fourth quarter. Brown Advisory Inc. now owns 1,318,975 shares of the company’s stock valued at $39,002,000 after acquiring an additional 164,385 shares during the last quarter. Norges Bank purchased a new stake in shares of Vista Outdoor in the fourth quarter valued at about $9,884,000. Finally, US Bancorp DE boosted its holdings in shares of Vista Outdoor by 23.2% in the fourth quarter. US Bancorp DE now owns 71,061 shares of the company’s stock valued at $2,101,000 after acquiring an additional 13,373 shares in the last quarter. 90.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Aegis upgraded shares of Vista Outdoor from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 14th. Roth Mkm upped their price objective on shares of Vista Outdoor from $40.00 to $42.00 and gave the company a “buy” rating in a research report on Tuesday, July 9th. StockNews.com initiated coverage on Vista Outdoor in a report on Thursday. They issued a “buy” rating for the company. B. Riley lowered shares of Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 price objective on the stock. in a research note on Wednesday, August 7th. Finally, Lake Street Capital boosted their price target on Vista Outdoor from $37.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, July 15th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $41.20.

Vista Outdoor Stock Performance

Shares of Vista Outdoor stock opened at $39.87 on Friday. The business has a fifty day simple moving average of $38.75 and a 200-day simple moving average of $35.72. The company has a quick ratio of 1.19, a current ratio of 2.80 and a debt-to-equity ratio of 0.53. The stock has a market cap of $2.33 billion, a PE ratio of -362.45 and a beta of 0.81. Vista Outdoor Inc. has a 12 month low of $23.33 and a 12 month high of $41.11.

Vista Outdoor (NYSE:VSTO) last released its quarterly earnings data on Monday, August 5th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.04. The business had revenue of $644.18 million during the quarter, compared to analyst estimates of $664.05 million. Vista Outdoor had a negative net margin of 0.24% and a positive return on equity of 19.18%. Vista Outdoor’s quarterly revenue was down 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.12 EPS. On average, sell-side analysts anticipate that Vista Outdoor Inc. will post 3.98 EPS for the current fiscal year.

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.