Vista Outdoor Inc. (NYSE:VSTO) Shares Acquired by Cerity Partners LLC

Cerity Partners LLC increased its stake in shares of Vista Outdoor Inc. (NYSE:VSTO) by 8.2% in the 4th quarter, HoldingsChannel reports. The firm owned 24,852 shares of the company’s stock after buying an additional 1,879 shares during the quarter. Cerity Partners LLC’s holdings in Vista Outdoor were worth $735,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. UBS Group AG raised its holdings in shares of Vista Outdoor by 10.7% in the third quarter. UBS Group AG now owns 184,789 shares of the company’s stock worth $6,120,000 after acquiring an additional 17,906 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Vista Outdoor by 7.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 796,904 shares of the company’s stock valued at $26,393,000 after purchasing an additional 54,915 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in Vista Outdoor by 172.3% in the 4th quarter. Assenagon Asset Management S.A. now owns 471,284 shares of the company’s stock valued at $13,936,000 after purchasing an additional 298,199 shares in the last quarter. Quantedge Capital Pte Ltd acquired a new stake in shares of Vista Outdoor during the 3rd quarter worth about $785,000. Finally, American Century Companies Inc. grew its holdings in shares of Vista Outdoor by 16.6% during the third quarter. American Century Companies Inc. now owns 865,399 shares of the company’s stock worth $28,662,000 after buying an additional 123,307 shares in the last quarter. Institutional investors and hedge funds own 90.51% of the company’s stock.

Analyst Upgrades and Downgrades

VSTO has been the topic of several recent analyst reports. StockNews.com started coverage on shares of Vista Outdoor in a research note on Sunday. They set a “buy” rating on the stock. Roth Capital upgraded Vista Outdoor from a “neutral” rating to a “buy” rating in a report on Thursday, April 4th. Monness Crespi & Hardt upped their target price 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 Mkm raised Vista Outdoor from a “neutral” rating to a “buy” rating and raised their price target for the stock from $31.00 to $38.00 in a research note on Thursday, April 4th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $34.67.

Vista Outdoor Stock Up 1.2 %

Shares of VSTO opened at $34.86 on Wednesday. Vista Outdoor Inc. has a fifty-two week low of $23.33 and a fifty-two week high of $34.99. The company’s fifty day moving average is $32.06 and its two-hundred day moving average is $29.33. The firm has a market cap of $2.03 billion, a PE ratio of -5.83 and a beta of 0.96. The company has a quick ratio of 1.09, a current ratio of 2.58 and a debt-to-equity ratio of 0.71.

Vista Outdoor (NYSE:VSTO) last issued its earnings results on Wednesday, January 31st. The company reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.04). The firm had revenue of $682.25 million during the quarter, compared to analysts’ expectations of $687.85 million. Vista Outdoor had a positive return on equity of 20.00% and a negative net margin of 12.17%. Analysts forecast that Vista Outdoor Inc. will post 3.87 earnings per share for the current year.

About Vista Outdoor

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.