US Bancorp DE raised its stake in shares of Vista Outdoor Inc. (NYSE:VSTO) by 18.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,418 shares of the company’s stock after buying an additional 1,746 shares during the period. US Bancorp DE’s holdings in Vista Outdoor were worth $257,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. SG Americas Securities LLC increased its stake in shares of Vista Outdoor by 2.5% in the first quarter. SG Americas Securities LLC now owns 18,336 shares of the company’s stock valued at $378,000 after buying an additional 439 shares during the period. Public Employees Retirement System of Ohio increased its stake in shares of Vista Outdoor by 3.6% in the first quarter. Public Employees Retirement System of Ohio now owns 30,301 shares of the company’s stock valued at $624,000 after buying an additional 1,063 shares during the period. Creative Planning increased its stake in shares of Vista Outdoor by 9.7% in the first quarter. Creative Planning now owns 13,998 shares of the company’s stock valued at $288,000 after buying an additional 1,242 shares during the period. AMG National Trust Bank increased its stake in shares of Vista Outdoor by 12.1% in the first quarter. AMG National Trust Bank now owns 14,975 shares of the company’s stock valued at $308,000 after buying an additional 1,621 shares during the period. Finally, Teachers Advisors LLC increased its stake in shares of Vista Outdoor by 1.2% in the fourth quarter. Teachers Advisors LLC now owns 274,371 shares of the company’s stock valued at $10,124,000 after buying an additional 3,278 shares during the period. 99.98% of the stock is currently owned by institutional investors.

Vista Outdoor Inc. (VSTO) traded down 1.64% during trading on Wednesday, hitting $22.22. 408,852 shares of the stock were exchanged. Vista Outdoor Inc. has a 12-month low of $18.32 and a 12-month high of $41.29. The stock’s 50-day moving average price is $22.87 and its 200-day moving average price is $21.54. The firm’s market cap is $1.27 billion.

Vista Outdoor (NYSE:VSTO) last released its quarterly earnings results on Thursday, August 10th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.11. Vista Outdoor had a positive return on equity of 7.02% and a negative net margin of 11.55%. The firm had revenue of $569 million during the quarter, compared to the consensus estimate of $552.49 million. During the same quarter in the prior year, the firm posted $0.48 EPS. The business’s revenue was down 9.7% on a year-over-year basis. On average, equities analysts expect that Vista Outdoor Inc. will post $1.24 EPS for the current year.

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Several brokerages have issued reports on VSTO. Zacks Investment Research downgraded shares of Vista Outdoor from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. Roth Capital set a $20.00 price target on shares of Vista Outdoor and gave the company a “hold” rating in a report on Saturday, May 13th. Forward View reaffirmed a “hold” rating and issued a $23.00 price target on shares of Vista Outdoor in a report on Sunday. Aegis reaffirmed a “hold” rating and issued a $26.00 price target on shares of Vista Outdoor in a report on Monday. Finally, BidaskClub raised shares of Vista Outdoor from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $29.54.

About Vista Outdoor

Vista Outdoor Inc is a designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The Company operates through two segments: Shooting Sports and Outdoor Products. Its Shooting Sports segment designs, develops, produces and sources ammunition and firearms for the hunting and sport shooting enthusiast markets, as well as ammunition for local law enforcement, the United States Government and international markets.

Institutional Ownership by Quarter for Vista Outdoor (NYSE:VSTO)

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