OppenheimerFunds Inc. raised its holdings in Vista Outdoor Inc (NYSE:VSTO) by 36.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 106,942 shares of the company’s stock after purchasing an additional 28,553 shares during the period. OppenheimerFunds Inc.’s holdings in Vista Outdoor were worth $1,558,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. First Mercantile Trust Co. raised its holdings in shares of Vista Outdoor by 42.8% in the 4th quarter. First Mercantile Trust Co. now owns 11,412 shares of the company’s stock valued at $166,000 after buying an additional 3,421 shares during the period. Rhumbline Advisers raised its holdings in shares of Vista Outdoor by 3.2% in the 3rd quarter. Rhumbline Advisers now owns 110,981 shares of the company’s stock valued at $2,546,000 after buying an additional 3,456 shares during the period. Comerica Bank raised its holdings in shares of Vista Outdoor by 2.5% in the 3rd quarter. Comerica Bank now owns 160,213 shares of the company’s stock valued at $3,448,000 after buying an additional 3,880 shares during the period. UBS Asset Management Americas Inc. raised its holdings in shares of Vista Outdoor by 11.4% in the 4th quarter. UBS Asset Management Americas Inc. now owns 40,576 shares of the company’s stock valued at $591,000 after buying an additional 4,148 shares during the period. Finally, Municipal Employees Retirement System of Michigan raised its holdings in shares of Vista Outdoor by 58.9% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 21,410 shares of the company’s stock valued at $491,000 after buying an additional 7,940 shares during the period.

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Shares of Vista Outdoor Inc (NYSE VSTO) opened at $16.06 on Wednesday. The company has a current ratio of 3.13, a quick ratio of 1.97 and a debt-to-equity ratio of 0.74. Vista Outdoor Inc has a 1-year low of $12.35 and a 1-year high of $25.07. The firm has a market capitalization of $915.14, a PE ratio of -21.13, a price-to-earnings-growth ratio of 2.78 and a beta of -0.45.

Vista Outdoor (NYSE:VSTO) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.13 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.06. Vista Outdoor had a positive return on equity of 3.45% and a negative net margin of 1.88%. The company had revenue of $581.00 million for the quarter, compared to the consensus estimate of $566.98 million. During the same quarter in the prior year, the business earned $0.62 EPS. Vista Outdoor’s revenue was down 11.1% on a year-over-year basis. equities analysts expect that Vista Outdoor Inc will post 0.57 earnings per share for the current year.

Several research firms recently issued reports on VSTO. ValuEngine downgraded Vista Outdoor from a “hold” rating to a “sell” rating in a report on Wednesday, March 7th. Zacks Investment Research upgraded Vista Outdoor from a “strong sell” rating to a “hold” rating in a report on Friday, November 17th. Roth Capital set a $17.00 price objective on Vista Outdoor and gave the company a “hold” rating in a report on Friday, February 9th. Finally, DA Davidson upped their price target on Vista Outdoor to $17.00 and gave the stock a “neutral” rating in a report on Friday, February 9th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $20.94.

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Vista Outdoor Company Profile

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.

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

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