Centaurus Financial Inc. lowered its stake in Vista Outdoor Inc. (NYSE:VSTO – Get Rating) by 24.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,794 shares of the company's stock after selling 1,553 shares during the quarter. Centaurus Financial Inc.'s holdings in Vista Outdoor were worth $134,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Counterpoint Mutual Funds LLC lifted its stake in Vista Outdoor by 262.8% in the 1st quarter. Counterpoint Mutual Funds LLC now owns 2,416 shares of the company's stock worth $86,000 after purchasing an additional 1,750 shares in the last quarter. Point72 Hong Kong Ltd increased its holdings in shares of Vista Outdoor by 1,313.0% in the 1st quarter. Point72 Hong Kong Ltd now owns 2,925 shares of the company's stock worth $104,000 after buying an additional 2,718 shares during the last quarter. Versor Investments LP bought a new stake in shares of Vista Outdoor in the 1st quarter worth about $207,000. KBC Group NV bought a new stake in shares of Vista Outdoor in the 1st quarter worth about $207,000. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of Vista Outdoor by 9.3% in the 1st quarter. Stratos Wealth Partners LTD. now owns 5,828 shares of the company's stock worth $208,000 after buying an additional 497 shares during the last quarter. Hedge funds and other institutional investors own 86.83% of the company's stock.
Get Vista Outdoor alerts:Vista Outdoor Price Performance
Shares of VSTO stock opened at $26.08 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.81 and a quick ratio of 1.24. The company has a market capitalization of $1.47 billion, a P/E ratio of 3.09 and a beta of 0.75. The company's 50-day simple moving average is $27.43 and its two-hundred day simple moving average is $31.27. Vista Outdoor Inc. has a one year low of $23.80 and a one year high of $52.69.
Vista Outdoor (NYSE:VSTO – Get Rating) last issued its earnings results on Wednesday, July 27th. The company reported $2.31 EPS for the quarter, topping analysts' consensus estimates of $1.92 by $0.39. The business had revenue of $802.61 million for the quarter, compared to the consensus estimate of $785.03 million. Vista Outdoor had a net margin of 15.59% and a return on equity of 47.97%. As a group, equities analysts anticipate that Vista Outdoor Inc. will post 7.11 EPS for the current year.Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the stock. Jefferies Financial Group assumed coverage on shares of Vista Outdoor in a report on Tuesday, September 20th. They issued a "hold" rating and a $26.00 target price on the stock. MKM Partners assumed coverage on shares of Vista Outdoor in a report on Wednesday, July 13th. They issued a "buy" rating and a $54.00 target price on the stock. StockNews.com started coverage on shares of Vista Outdoor in a report on Wednesday, October 12th. They issued a "buy" rating on the stock. Roth Capital downgraded shares of Vista Outdoor from a "buy" rating to a "neutral" rating and cut their price target for the company from $53.00 to $32.00 in a report on Tuesday, July 26th. Finally, KeyCorp downgraded shares of Vista Outdoor to a "sector weight" rating in a report on Tuesday, July 19th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $50.38.
About Vista Outdoor
(Get Rating)
Vista Outdoor Inc designs, manufactures, and markets consumer products in the outdoor sports and recreation markets 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 that serves hunters, recreational shooters, federal and local law enforcement agencies, and military.
Read More
- Get a free copy of the StockNews.com research report on Vista Outdoor (VSTO)
- Time to Hit Up Hasbro Stock for the Holiday Season
- Should Proctor and Gamble be a Staple in Your Portfolio?
- 3 Fundamentally Sound Mid-Caps to Keep on the Watch List
- Leveraged ETFs, A Bad Investment But Great for Trading
- Should Investors Raise a Glass to Boston Beer Company?
Want to see what other hedge funds are holding VSTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vista Outdoor Inc. (NYSE:VSTO – Get Rating).
Receive News & Ratings for Vista Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vista Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.