Vista Outdoor Inc. (NYSE:VSTO) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. raised its stake in shares of Vista Outdoor Inc. (NYSE:VSTO) by 87.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,893 shares of the company’s stock after buying an additional 22,787 shares during the period. Victory Capital Management Inc. owned approximately 0.08% of Vista Outdoor worth $1,841,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Kennedy Capital Management LLC boosted its holdings in shares of Vista Outdoor by 3.7% in the first quarter. Kennedy Capital Management LLC now owns 9,379 shares of the company’s stock valued at $307,000 after acquiring an additional 333 shares in the last quarter. SummerHaven Investment Management LLC boosted its stake in Vista Outdoor by 1.7% during the 2nd quarter. SummerHaven Investment Management LLC now owns 26,072 shares of the company’s stock valued at $982,000 after purchasing an additional 443 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of Vista Outdoor by 1.7% during the 2nd quarter. Louisiana State Employees Retirement System now owns 29,300 shares of the company’s stock valued at $1,103,000 after purchasing an additional 500 shares during the period. American Capital Advisory LLC raised its stake in shares of Vista Outdoor by 4.1% in the 1st quarter. American Capital Advisory LLC now owns 17,776 shares of the company’s stock worth $583,000 after buying an additional 705 shares in the last quarter. Finally, Texas Permanent School Fund Corp raised its stake in shares of Vista Outdoor by 1.4% in the 1st quarter. Texas Permanent School Fund Corp now owns 50,890 shares of the company’s stock worth $1,668,000 after buying an additional 725 shares in the last quarter. 90.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on VSTO. Aegis raised Vista Outdoor from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 14th. Lake Street Capital lifted their price objective on shares of Vista Outdoor from $37.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, July 15th. B. Riley downgraded shares of Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 target price on the stock. in a report on Wednesday, August 7th. StockNews.com started coverage on shares of Vista Outdoor in a report on Thursday, September 12th. They set a “buy” rating for the company. Finally, Roth Mkm lifted their price target on shares of Vista Outdoor from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Tuesday, July 9th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.20.

Vista Outdoor Stock Down 1.4 %

Shares of Vista Outdoor stock opened at $39.60 on Thursday. Vista Outdoor Inc. has a 1 year low of $23.33 and a 1 year high of $41.11. The company has a market cap of $2.31 billion, a P/E ratio of -360.00 and a beta of 0.81. The company has a current ratio of 2.80, a quick ratio of 1.19 and a debt-to-equity ratio of 0.53. The stock has a 50-day moving average price of $38.86 and a 200 day moving average price of $35.87.

Vista Outdoor (NYSE:VSTO) last posted its quarterly earnings results on Monday, August 5th. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.04. Vista Outdoor had a negative net margin of 0.24% and a positive return on equity of 19.18%. The business had revenue of $644.18 million during the quarter, compared to analyst estimates of $664.05 million. During the same period in the prior year, the firm earned $1.12 earnings per share. The firm’s revenue was down 7.1% compared to the same quarter last year. As a group, analysts expect that Vista Outdoor Inc. will post 3.98 EPS for the current fiscal year.

Vista Outdoor 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.