Public Sector Pension investment Board reduced its position in Vista Outdoor Inc. (NYSE:VSTO) by 28.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,500 shares of the company’s stock after selling 11,800 shares during the quarter. Public Sector Pension investment Board owned about 0.05% of Vista Outdoor worth $664,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arizona State Retirement System increased its stake in shares of Vista Outdoor by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 29,800 shares of the company’s stock worth $671,000 after acquiring an additional 100 shares during the last quarter. Texas Permanent School Fund increased its stake in shares of Vista Outdoor by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 41,655 shares of the company’s stock worth $938,000 after acquiring an additional 348 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Vista Outdoor by 2.5% in the 1st quarter. SG Americas Securities LLC now owns 18,336 shares of the company’s stock worth $378,000 after acquiring an additional 439 shares during the last quarter. Prudential Financial Inc. increased its stake in shares of Vista Outdoor by 0.6% in the 2nd quarter. Prudential Financial Inc. now owns 96,198 shares of the company’s stock worth $2,165,000 after acquiring an additional 564 shares during the last quarter. Finally, Profund Advisors LLC increased its stake in shares of Vista Outdoor by 7.0% in the 2nd quarter. Profund Advisors LLC now owns 10,656 shares of the company’s stock worth $240,000 after acquiring an additional 698 shares during the last quarter. 96.45% of the stock is owned by hedge funds and other institutional investors.

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Shares of Vista Outdoor Inc. (NYSE:VSTO) opened at 21.75 on Friday. The firm’s market capitalization is $1.24 billion. Vista Outdoor Inc. has a 12 month low of $19.66 and a 12 month high of $41.29. The company’s 50 day moving average price is $22.46 and its 200-day moving average price is $22.46.

Vista Outdoor (NYSE:VSTO) last released its earnings results on Thursday, August 10th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.11. The firm had revenue of $569.00 million during the quarter, compared to analyst estimates of $552.49 million. Vista Outdoor had a positive return on equity of 7.02% and a negative net margin of 11.55%. The business’s quarterly revenue was down 9.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.48 earnings per share. On average, equities analysts predict that Vista Outdoor Inc. will post $1.24 earnings per share for the current fiscal year.

VSTO has been the subject of a number of recent research reports. Zacks Investment Research raised Vista Outdoor from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a research note on Tuesday, August 15th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $28.00 target price on shares of Vista Outdoor in a research note on Friday, July 14th. BidaskClub raised Vista Outdoor from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. Aegis reaffirmed a “hold” rating and issued a $26.00 target price on shares of Vista Outdoor in a research note on Monday, August 21st. Finally, Forward View reaffirmed a “hold” rating and issued a $23.00 target price on shares of Vista Outdoor in a research note on Sunday, August 20th. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $28.23.

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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