Price T Rowe Associates Inc. MD Acquires New Shares in Revelyst, Inc. (NYSE:GEAR)

Price T Rowe Associates Inc. MD acquired a new stake in shares of Revelyst, Inc. (NYSE:GEAR) during the 4th quarter, Holdings Channel.com reports. The fund acquired 30,504 shares of the company’s stock, valued at approximately $587,000.

Several other institutional investors also recently modified their holdings of GEAR. Vanguard Group Inc. purchased a new stake in shares of Revelyst during the fourth quarter valued at $95,824,000. Dimensional Fund Advisors LP purchased a new stake in shares of Revelyst during the fourth quarter valued at $68,599,000. American Century Companies Inc. purchased a new stake in shares of Revelyst during the fourth quarter valued at $32,228,000. Geode Capital Management LLC purchased a new stake in shares of Revelyst during the fourth quarter valued at $26,003,000. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of Revelyst during the fourth quarter valued at $9,864,000. 90.51% of the stock is owned by hedge funds and other institutional investors.

Revelyst Stock Performance

Shares of NYSE:GEAR opened at $20.08 on Tuesday. The stock has a market capitalization of $1.17 billion, a PE ratio of -111.56 and a beta of 0.75. 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 50-day moving average price of $20.08. Revelyst, Inc. has a 52-week low of $18.90 and a 52-week high of $20.09.

Revelyst Company Profile

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.