Priebe Wealth Holdings LLC Buys Shares of 5,200 Vista Outdoor Inc. (NYSE:VSTO)

Priebe Wealth Holdings LLC bought a new stake in Vista Outdoor Inc. (NYSE:VSTO) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,200 shares of the company’s stock, valued at approximately $204,000.

Several other large investors have also modified their holdings of the business. American Century Companies Inc. boosted its position in Vista Outdoor by 19.2% during the second quarter. American Century Companies Inc. now owns 1,352,785 shares of the company’s stock worth $50,932,000 after acquiring an additional 218,018 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of Vista Outdoor by 2,197.0% in the 2nd quarter. Marshall Wace LLP now owns 193,610 shares of the company’s stock valued at $7,289,000 after purchasing an additional 185,181 shares during the last quarter. Capstone Investment Advisors LLC acquired a new position in shares of Vista Outdoor in the 1st quarter valued at $2,711,000. Slotnik Capital LLC acquired a new position in shares of Vista Outdoor in the 2nd quarter valued at $3,012,000. Finally, Renaissance Technologies LLC purchased a new position in shares of Vista Outdoor in the 2nd quarter valued at $2,948,000. 90.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on VSTO shares. StockNews.com started coverage on shares of Vista Outdoor in a research note on Sunday, October 6th. They issued a “buy” rating on the stock. Monness Crespi & Hardt downgraded shares of Vista Outdoor from a “buy” rating to a “neutral” rating in a research note on Monday, October 7th. 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 note on Thursday, September 19th. Roth Capital downgraded shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 19th. Finally, B. Riley downgraded shares of Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 target price for the company. in a research report on Wednesday, August 7th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $41.20.

Vista Outdoor Stock Up 0.4 %

Vista Outdoor stock opened at $44.27 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.80 and a quick ratio of 1.19. The firm has a 50-day moving average price of $39.65 and a two-hundred day moving average price of $36.89. Vista Outdoor Inc. has a 52-week low of $23.33 and a 52-week high of $44.40.

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