Slotnik Capital LLC acquired a new position in Vista Outdoor Inc. (NYSE:VSTO – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 80,000 shares of the company’s stock, valued at approximately $3,012,000. Vista Outdoor makes up about 1.5% of Slotnik Capital LLC’s investment portfolio, making the stock its 14th biggest holding. Slotnik Capital LLC owned approximately 0.14% of Vista Outdoor as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. purchased a new position in Vista Outdoor during the 2nd quarter valued at about $36,000. Innealta Capital LLC purchased a new position in Vista Outdoor during the second quarter valued at approximately $76,000. Headlands Technologies LLC bought a new position in Vista Outdoor in the second quarter worth approximately $91,000. Priebe Wealth Holdings LLC purchased a new stake in Vista Outdoor during the first quarter worth $203,000. Finally, Purus Wealth Management LLC bought a new stake in Vista Outdoor during the 1st quarter valued at $204,000. 90.51% of the stock is currently owned by hedge funds and other institutional investors.
Vista Outdoor Stock Performance
Shares of Vista Outdoor stock opened at $39.25 on Tuesday. The company has a 50 day moving average price of $39.03 and a 200 day moving average price of $36.08. The firm has a market capitalization of $2.29 billion, a P/E ratio of -356.82 and a beta of 0.81. The company has a quick ratio of 1.19, a current ratio of 2.80 and a debt-to-equity ratio of 0.53. Vista Outdoor Inc. has a 52 week low of $23.33 and a 52 week high of $41.11.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Roth Mkm lowered Vista Outdoor from a “buy” rating to a “neutral” rating and set a $42.00 price target for the company. in a research report on Thursday, September 19th. Aegis upgraded shares of Vista Outdoor from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 14th. StockNews.com initiated coverage on shares of Vista Outdoor in a report on Friday. They issued a “buy” rating on the stock. B. Riley lowered shares of Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 price objective for the company. in a research note on Wednesday, August 7th. Finally, Roth Capital downgraded shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 19th. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Vista Outdoor has a consensus rating of “Moderate Buy” and an average target price of $41.20.
Check Out Our Latest Research Report on VSTO
Vista Outdoor Company 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.
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