Amalgamated Bank Sells 586 Shares of Vista Outdoor Inc. (NYSE:VSTO)

Amalgamated Bank decreased its stake in shares of Vista Outdoor Inc. (NYSE:VSTO) by 3.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 17,201 shares of the company’s stock after selling 586 shares during the period. Amalgamated Bank’s holdings in Vista Outdoor were worth $674,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. ProShare Advisors LLC boosted its holdings in shares of Vista Outdoor by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 11,658 shares of the company’s stock worth $382,000 after buying an additional 802 shares during the period. Curated Wealth Partners LLC grew its position in shares of Vista Outdoor by 97.0% during the 3rd quarter. Curated Wealth Partners LLC now owns 52,924 shares of the company’s stock worth $2,074,000 after purchasing an additional 26,054 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Vista Outdoor by 10.3% during the first quarter. Russell Investments Group Ltd. now owns 91,608 shares of the company’s stock worth $3,003,000 after purchasing an additional 8,521 shares during the period. Marshall Wace LLP raised its position in shares of Vista Outdoor by 2,197.0% in the second quarter. Marshall Wace LLP now owns 193,610 shares of the company’s stock valued at $7,289,000 after buying an additional 185,181 shares in the last quarter. Finally, Maverick Capital Ltd. boosted its stake in shares of Vista Outdoor by 262.0% in the second quarter. Maverick Capital Ltd. now owns 36,554 shares of the company’s stock valued at $1,376,000 after buying an additional 26,455 shares during the period. Institutional investors own 90.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on VSTO shares. Monness Crespi & Hardt cut Vista Outdoor from a “buy” rating to a “neutral” rating in a report on Monday, October 7th. StockNews.com initiated coverage on Vista Outdoor in a research report on Friday. They issued a “buy” rating on the stock. B. Riley cut Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 price target on the stock. in a research report on Wednesday, August 7th. Roth Mkm cut Vista Outdoor from a “buy” rating to a “neutral” rating and set a $42.00 price target on the stock. in a research report on Thursday, September 19th. Finally, Aegis upgraded Vista Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 14th. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Vista Outdoor presently has an average rating of “Hold” and an average price target of $41.20.

Vista Outdoor Stock Performance

NYSE:VSTO opened at $44.13 on Friday. The stock’s 50-day simple moving average is $42.20 and its 200 day simple moving average is $38.76. The firm has a market capitalization of $2.58 billion, a PE ratio of -245.17 and a beta of 0.79. The company has a quick ratio of 1.26, a current ratio of 2.90 and a debt-to-equity ratio of 0.48. Vista Outdoor Inc. has a twelve month low of $25.25 and a twelve month high of $44.48.

Vista Outdoor (NYSE:VSTO) last released its quarterly earnings data on Wednesday, November 6th. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.11. The business had revenue of $665.92 million for the quarter, compared to analyst estimates of $666.72 million. Vista Outdoor had a positive return on equity of 19.53% and a negative net margin of 0.34%. Vista Outdoor’s revenue was down 1.6% compared to the same quarter last year. During the same period last year, the firm posted $0.96 earnings per share. On average, analysts anticipate that Vista Outdoor Inc. will post 3.98 EPS for the current fiscal year.

About Vista Outdoor

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.