California State Teachers Retirement System Purchases New Position in Revelyst, Inc. (NYSE:GEAR)

California State Teachers Retirement System purchased a new stake in shares of Revelyst, Inc. (NYSE:GEAR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 44,541 shares of the company’s stock, valued at approximately $857,000. California State Teachers Retirement System owned about 0.08% of Revelyst at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tiptree Advisors LLC bought a new position in Revelyst during the fourth quarter valued at approximately $933,000. Toronto Dominion Bank bought a new stake in shares of Revelyst in the 4th quarter valued at approximately $5,961,000. Public Employees Retirement System of Ohio bought a new stake in shares of Revelyst in the 4th quarter valued at approximately $31,000. CSS LLC IL bought a new stake in shares of Revelyst in the 4th quarter valued at approximately $5,027,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Revelyst in the 4th quarter valued at approximately $1,819,000. 90.51% of the stock is owned by institutional investors.

Revelyst Price Performance

NYSE:GEAR opened at $20.08 on Wednesday. The company has a market cap of $1.17 billion, a price-to-earnings ratio of -111.56 and a beta of 0.75. Revelyst, Inc. has a 1 year low of $18.90 and a 1 year high of $20.09. The company has a 50 day moving average of $20.08. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.90 and a quick ratio of 1.26.

About Revelyst

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.