Ruffer LLP Takes Position in Revelyst, Inc. (NYSE:GEAR)

Ruffer LLP bought a new stake in shares of Revelyst, Inc. (NYSE:GEAR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 65,944 shares of the company’s stock, valued at approximately $1,268,000. Ruffer LLP owned approximately 0.11% of Revelyst at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in GEAR. Blue Trust Inc. purchased a new stake in Revelyst in the 4th quarter worth about $26,000. PNC Financial Services Group Inc. purchased a new stake in Revelyst in the 4th quarter worth about $36,000. Jones Financial Companies Lllp bought a new position in Revelyst in the 4th quarter worth about $42,000. KBC Group NV bought a new position in Revelyst in the 4th quarter worth about $43,000. Finally, Nisa Investment Advisors LLC bought a new position in Revelyst in the 4th quarter worth about $61,000. 90.51% of the stock is currently owned by hedge funds and other institutional investors.

Revelyst Price Performance

Shares of GEAR stock opened at $20.08 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.90 and a quick ratio of 1.26. The company has a market cap of $1.17 billion, a P/E ratio of -111.56 and a beta of 0.75. The stock has a 50-day moving average of $20.01. Revelyst, Inc. has a one year low of $18.90 and a one year high of $20.09.

Revelyst Company Profile

Vista Outdoor Inc is the parent company of renowned brands which design, manufacture and market sporting and outdoor products. The company’s operating segment includes Outdoor Products and Sporting Products. Its brand portfolio includes Remington Ammunition, Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fiber Energy Products, Bell Helmets, Camp Chef, Giro, QuietKat, Stone Glacier, Federal Ammunition and more.