Vista Outdoor Inc. (NYSE:VSTO) Shares Purchased by Swiss National Bank

Swiss National Bank increased its stake in shares of Vista Outdoor Inc. (NYSE:VSTO – Get Rating) by 1.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,500 shares of the company’s stock after acquiring an additional 2,500 shares during the quarter. Swiss National Bank owned about 0.24% of Vista Outdoor worth $3,327,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eagle Bay Advisors LLC grew its position in Vista Outdoor by 54.8% during the 4th quarter. Eagle Bay Advisors LLC now owns 1,300 shares of the company’s stock worth $32,000 after purchasing an additional 460 shares during the last quarter. Quadrant Capital Group LLC grew its position in Vista Outdoor by 801.1% during the 3rd quarter. Quadrant Capital Group LLC now owns 1,649 shares of the company’s stock worth $40,000 after purchasing an additional 1,466 shares during the last quarter. Sargent Bickham Lagudis LLC purchased a new position in Vista Outdoor during the 4th quarter worth $40,000. Point72 Hong Kong Ltd boosted its holdings in shares of Vista Outdoor by 1,313.0% in the first quarter. Point72 Hong Kong Ltd now owns 2,925 shares of the company’s stock valued at $104,000 after acquiring an additional 2,718 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Vista Outdoor by 302.1% in the third quarter. Rockefeller Capital Management L.P. now owns 5,859 shares of the company’s stock valued at $142,000 after acquiring an additional 4,402 shares in the last quarter. 85.56% of the stock is currently owned by institutional investors and hedge funds.

Vista Outdoor Stock Down 0.8 %

VSTO stock opened at $28.09 on Tuesday. The company has a current ratio of 2.64, a quick ratio of 1.07 and a debt-to-equity ratio of 0.87. The company has a market cap of $1.59 billion, a P/E ratio of -104.04 and a beta of 0.94. The company’s 50-day moving average price is $26.58 and its 200 day moving average price is $26.77. Vista Outdoor Inc. has a 52 week low of $22.97 and a 52 week high of $39.26.

Vista Outdoor (NYSE:VSTO – Get Rating) last announced its earnings results on Wednesday, May 3rd. The company reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.18. The company had revenue of $740.74 million during the quarter, compared to analysts’ expectations of $731.36 million. Vista Outdoor had a negative net margin of 0.32% and a positive return on equity of 28.86%. The firm’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.04 earnings per share. On average, research analysts expect that Vista Outdoor Inc. will post 4.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. B. Riley lowered their target price on shares of Vista Outdoor from $45.00 to $41.00 and set a “buy” rating on the stock in a report on Friday, February 3rd. Lake Street Capital lifted their target price on shares of Vista Outdoor from $35.00 to $38.00 in a report on Friday, May 5th. StockNews.com began coverage on shares of Vista Outdoor in a report on Thursday, May 18th. They issued a “hold” rating on the stock. Finally, TheStreet downgraded shares of Vista Outdoor from a “b-” rating to a “c” rating in a report on Thursday, May 4th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Vista Outdoor presently has a consensus rating of “Hold” and an average price target of $37.60.

Insiders Place Their Bets

In other Vista Outdoor news, insider Jason R. Vanderbrink sold 26,500 shares of Vista Outdoor stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of $28.11, for a total transaction of $744,915.00. Following the completion of the transaction, the insider now owns 78,358 shares in the company, valued at $2,202,643.38. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders sold 28,035 shares of company stock worth $784,917. Insiders own 2.17% of the company’s stock.

Vista Outdoor Company Profile

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Vista Outdoor, Inc engages in the design, manufacture, and marketing of consumer products in the outdoor sports and recreation markets. It operates through the following segments: Shooting Sports and Outdoor Products. The Shooting Sports segment is comprised of ammunition and hunting & shooting accessories product lines.