Cerity Partners LLC Has $811,000 Stake in Vista Outdoor Inc. (NYSE:VSTO)

Cerity Partners LLC grew its stake in shares of Vista Outdoor Inc. (NYSE:VSTO) by 6.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 20,700 shares of the company’s stock after buying an additional 1,264 shares during the period. Cerity Partners LLC’s holdings in Vista Outdoor were worth $811,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Arizona State Retirement System increased its position in shares of Vista Outdoor by 2.0% during the 2nd quarter. Arizona State Retirement System now owns 15,464 shares of the company’s stock worth $582,000 after purchasing an additional 303 shares in the last quarter. Natixis Advisors LLC raised its stake in shares of Vista Outdoor by 3.6% in the third quarter. Natixis Advisors LLC now owns 11,369 shares of the company’s stock valued at $445,000 after acquiring an additional 394 shares during the last quarter. SummerHaven Investment Management LLC boosted its holdings in shares of Vista Outdoor by 1.7% in the 2nd quarter. SummerHaven Investment Management LLC now owns 26,072 shares of the company’s stock worth $982,000 after acquiring an additional 443 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Vista Outdoor by 1.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 29,300 shares of the company’s stock worth $1,103,000 after acquiring an additional 500 shares in the last quarter. Finally, Highland Capital Management LLC increased its holdings in Vista Outdoor by 11.2% during the 3rd quarter. Highland Capital Management LLC now owns 6,307 shares of the company’s stock valued at $247,000 after purchasing an additional 633 shares in the last quarter. Institutional investors own 90.51% of the company’s stock.

Vista Outdoor Price Performance

Shares of NYSE VSTO opened at $44.63 on Friday. Vista Outdoor Inc. has a 1 year low of $26.05 and a 1 year high of $44.72. The firm’s 50-day moving average is $43.50 and its 200-day moving average is $39.64. The company has a current ratio of 2.90, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $2.61 billion, a PE ratio of -247.94 and a beta of 0.79.

Vista Outdoor (NYSE:VSTO) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.11. The firm had revenue of $665.92 million for the quarter, compared to analysts’ expectations of $666.72 million. Vista Outdoor had a negative net margin of 0.34% and a positive return on equity of 19.53%. The business’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same period last year, the firm earned $0.96 earnings per share. Equities analysts expect that Vista Outdoor Inc. will post 4 EPS for the current year.

Analyst Ratings Changes

VSTO has been the topic of a number of recent analyst reports. Roth Capital lowered Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 19th. Roth Mkm downgraded shares of 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. StockNews.com initiated coverage on shares of Vista Outdoor in a research report on Sunday, December 1st. They issued a “buy” rating for the company. Monness Crespi & Hardt lowered shares of Vista Outdoor from a “buy” rating to a “neutral” rating in a research report on Monday, October 7th. Finally, Aegis lowered shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a report on Friday, November 15th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Vista Outdoor presently has a consensus rating of “Hold” and an average price target of $41.20.

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.