First Mercantile Trust Co. boosted its holdings in Vista Outdoor Inc (NYSE:VSTO) by 42.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,412 shares of the company’s stock after purchasing an additional 3,421 shares during the quarter. First Mercantile Trust Co.’s holdings in Vista Outdoor were worth $166,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of VSTO. Alliancebernstein L.P. boosted its stake in Vista Outdoor by 254.2% in the 2nd quarter. Alliancebernstein L.P. now owns 69,120 shares of the company’s stock worth $1,556,000 after purchasing an additional 49,605 shares during the period. Teachers Advisors LLC boosted its stake in Vista Outdoor by 56.1% in the 2nd quarter. Teachers Advisors LLC now owns 103,116 shares of the company’s stock worth $2,321,000 after purchasing an additional 37,064 shares during the period. Nationwide Fund Advisors boosted its stake in Vista Outdoor by 746.0% in the 2nd quarter. Nationwide Fund Advisors now owns 36,904 shares of the company’s stock worth $831,000 after purchasing an additional 32,542 shares during the period. Northern Trust Corp boosted its stake in Vista Outdoor by 87.2% in the 2nd quarter. Northern Trust Corp now owns 843,275 shares of the company’s stock worth $18,983,000 after purchasing an additional 392,739 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Vista Outdoor by 4.8% in the 2nd quarter. Vanguard Group Inc. now owns 5,346,858 shares of the company’s stock worth $120,358,000 after purchasing an additional 242,701 shares during the period.

In related news, Director Mark A. Gottfredson purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were bought at an average price of $14.60 per share, for a total transaction of $73,000.00. Following the acquisition, the director now owns 21,716 shares of the company’s stock, valued at approximately $317,053.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Christopher T. Metz purchased 6,500 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were bought at an average price of $14.86 per share, for a total transaction of $96,590.00. Following the acquisition, the chief executive officer now directly owns 87,256 shares in the company, valued at approximately $1,296,624.16. The disclosure for this purchase can be found here. Insiders have purchased a total of 13,000 shares of company stock worth $191,175 in the last 90 days. 1.50% of the stock is currently owned by insiders.

VSTO has been the subject of a number of research reports. Zacks Investment Research upgraded Vista Outdoor from a “sell” rating to a “hold” rating in a research report on Tuesday, December 19th. BidaskClub downgraded Vista Outdoor from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 9th. DA Davidson downgraded Vista Outdoor from a “buy” rating to a “neutral” rating in a research report on Thursday, November 9th. ValuEngine downgraded Vista Outdoor from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Finally, Cowen reiterated a “hold” rating and set a $14.50 target price on shares of Vista Outdoor in a research report on Monday, November 13th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. Vista Outdoor has an average rating of “Hold” and a consensus price target of $20.78.

Shares of Vista Outdoor Inc (NYSE VSTO) opened at $19.62 on Thursday. Vista Outdoor Inc has a twelve month low of $12.35 and a twelve month high of $25.07. The firm has a market capitalization of $1,043.00, a price-to-earnings ratio of -25.82, a P/E/G ratio of 3.17 and a beta of -0.22. The company has a current ratio of 3.13, a quick ratio of 1.97 and a debt-to-equity ratio of 0.74.

Vista Outdoor (NYSE:VSTO) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.06. Vista Outdoor had a positive return on equity of 3.45% and a negative net margin of 1.88%. The company had revenue of $581.00 million for the quarter, compared to analyst estimates of $566.98 million. During the same quarter in the prior year, the firm posted $0.62 EPS. Vista Outdoor’s quarterly revenue was down 11.1% compared to the same quarter last year. equities analysts forecast that Vista Outdoor Inc will post 0.57 earnings per share for the current fiscal year.

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Vista Outdoor Company Profile

Vista Outdoor Inc is a designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The Company operates through two segments: Shooting Sports and Outdoor Products. Its Shooting Sports segment designs, develops, produces and sources ammunition and firearms for the hunting and sport shooting enthusiast markets, as well as ammunition for local law enforcement, the United States Government and international markets.

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Institutional Ownership by Quarter for Vista Outdoor (NYSE:VSTO)

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