Nisa Investment Advisors LLC Has $78,000 Holdings in Vista Outdoor Inc. (NYSE:VSTO)

Nisa Investment Advisors LLC lessened its stake in shares of Vista Outdoor Inc. (NYSE:VSTO) by 41.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,636 shares of the company’s stock after selling 1,900 shares during the period. Nisa Investment Advisors LLC’s holdings in Vista Outdoor were worth $78,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of VSTO. Quarry LP acquired a new position in shares of Vista Outdoor in the 2nd quarter valued at about $26,000. Fifth Third Bancorp increased its holdings in shares of Vista Outdoor by 208.6% in the 3rd quarter. Fifth Third Bancorp now owns 969 shares of the company’s stock valued at $32,000 after purchasing an additional 655 shares during the period. CWM LLC increased its holdings in shares of Vista Outdoor by 68.4% in the 3rd quarter. CWM LLC now owns 997 shares of the company’s stock valued at $33,000 after purchasing an additional 405 shares during the period. Ancora Advisors LLC increased its holdings in shares of Vista Outdoor by 162.5% in the 3rd quarter. Ancora Advisors LLC now owns 1,575 shares of the company’s stock valued at $52,000 after purchasing an additional 975 shares during the period. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Vista Outdoor by 794.0% in the 1st quarter. Tower Research Capital LLC TRC now owns 1,949 shares of the company’s stock valued at $54,000 after purchasing an additional 1,731 shares during the period. Institutional investors and hedge funds own 90.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Roth Mkm upgraded Vista Outdoor from a “neutral” rating to a “buy” rating and upped their target price for the company from $31.00 to $38.00 in a report on Thursday, April 4th. StockNews.com initiated coverage on Vista Outdoor in a research note on Sunday. They issued a “buy” rating for the company. Monness Crespi & Hardt boosted their price target on Vista Outdoor from $34.00 to $37.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Finally, Roth Capital raised Vista Outdoor from a “neutral” rating to a “buy” rating in a research note on Thursday, April 4th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $34.67.

Vista Outdoor Trading Up 0.6 %

Shares of NYSE VSTO opened at $32.36 on Friday. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of -5.41 and a beta of 0.96. The business has a 50 day simple moving average of $31.89 and a 200 day simple moving average of $29.29. Vista Outdoor Inc. has a 52 week low of $23.33 and a 52 week high of $33.96. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.09 and a current ratio of 2.58.

Vista Outdoor (NYSE:VSTO) last announced its earnings results on Wednesday, January 31st. The company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.04). The company had revenue of $682.25 million for the quarter, compared to the consensus estimate of $687.85 million. Vista Outdoor had a positive return on equity of 20.00% and a negative net margin of 12.17%. On average, research analysts predict that Vista Outdoor Inc. will post 3.87 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 company operates through two segments, Sporting Products and Outdoor Products. The Sporting Products segment designs, develops, manufactures, and distributes ammunitions, components, and related equipment and accessories for hunters, recreational shooters, federal and local law enforcement agencies, and military.