New York State Common Retirement Fund Reduces Holdings in Vista Outdoor Inc. (NYSE:VSTO)

New York State Common Retirement Fund reduced its position in shares of Vista Outdoor Inc. (NYSE:VSTO) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,045 shares of the company’s stock after selling 3,014 shares during the period. New York State Common Retirement Fund’s holdings in Vista Outdoor were worth $1,923,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VSTO. Gates Capital Management Inc. grew its stake in Vista Outdoor by 5.7% during the 3rd quarter. Gates Capital Management Inc. now owns 5,785,046 shares of the company’s stock valued at $191,601,000 after purchasing an additional 312,800 shares in the last quarter. Pacer Advisors Inc. increased its stake in shares of Vista Outdoor by 57.4% in the fourth quarter. Pacer Advisors Inc. now owns 2,980,595 shares of the company’s stock worth $88,136,000 after buying an additional 1,086,671 shares during the last quarter. Cooper Creek Partners Management LLC raised its holdings in Vista Outdoor by 45.5% in the third quarter. Cooper Creek Partners Management LLC now owns 2,703,561 shares of the company’s stock valued at $89,542,000 after acquiring an additional 844,865 shares in the last quarter. American Century Companies Inc. boosted its stake in Vista Outdoor by 16.6% during the 3rd quarter. American Century Companies Inc. now owns 865,399 shares of the company’s stock valued at $28,662,000 after acquiring an additional 123,307 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Vista Outdoor by 7.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 796,904 shares of the company’s stock worth $26,393,000 after acquiring an additional 54,915 shares in the last quarter. 90.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VSTO has been the topic of a number of recent analyst reports. Roth Mkm upgraded shares of 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 research note on Thursday, April 4th. StockNews.com began coverage on Vista Outdoor in a research note on Tuesday. They set a “buy” rating on the stock. Monness Crespi & Hardt lifted their target price on Vista Outdoor from $34.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Finally, Roth Capital raised Vista Outdoor from a “neutral” rating to a “buy” rating in a research report on Thursday, April 4th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $34.67.

Vista Outdoor Stock Performance

Shares of NYSE VSTO opened at $35.67 on Thursday. The company has a quick ratio of 1.09, a current ratio of 2.58 and a debt-to-equity ratio of 0.71. The firm’s 50-day moving average price is $33.16 and its two-hundred day moving average price is $29.85. Vista Outdoor Inc. has a 52-week low of $23.33 and a 52-week high of $36.37. The stock has a market capitalization of $2.07 billion, a P/E ratio of -5.96 and a beta of 0.93.

Vista Outdoor Company 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.