Vista Outdoor Inc. (NYSE:VSTO) Stock Holdings Decreased by Russell Investments Group Ltd.

Russell Investments Group Ltd. lowered its stake in Vista Outdoor Inc. (NYSE:VSTO) by 12.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 189,924 shares of the company’s stock after selling 26,952 shares during the period. Russell Investments Group Ltd. owned 0.33% of Vista Outdoor worth $7,652,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NEXT Financial Group Inc increased its position in shares of Vista Outdoor by 39.6% in the 3rd quarter. NEXT Financial Group Inc now owns 1,111 shares of the company’s stock worth $45,000 after purchasing an additional 315 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Vista Outdoor by 181.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,669 shares of the company’s stock valued at $77,000 after buying an additional 1,077 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in shares of Vista Outdoor by 1,310.3% during the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 2,186 shares of the company’s stock valued at $88,000 after buying an additional 2,031 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Vista Outdoor during the 2nd quarter valued at about $92,000. Finally, Wagner Wealth Management LLC grew its position in shares of Vista Outdoor by 1,366.7% during the 2nd quarter. Wagner Wealth Management LLC now owns 2,200 shares of the company’s stock valued at $102,000 after buying an additional 2,050 shares during the last quarter. 81.02% of the stock is owned by institutional investors.

In related news, Director Mark A. Gottfredson purchased 5,000 shares of Vista Outdoor stock in a transaction dated Wednesday, November 10th. The stock was bought at an average cost of $44.20 per share, with a total value of $221,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Christopher T. Metz sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 1st. The stock was sold at an average price of $43.56, for a total transaction of $871,200.00. The disclosure for this sale can be found here. Over the last ninety days, insiders bought 7,200 shares of company stock valued at $310,294. Company insiders own 1.78% of the company’s stock.

A number of equities research analysts recently weighed in on VSTO shares. Aegis boosted their price objective on shares of Vista Outdoor from $49.00 to $57.00 and gave the company a “buy” rating in a research report on Thursday, November 4th. Lake Street Capital boosted their price objective on shares of Vista Outdoor from $57.00 to $61.00 and gave the company a “buy” rating in a research report on Friday, November 5th. B. Riley boosted their price objective on shares of Vista Outdoor from $63.00 to $78.00 and gave the company a “buy” rating in a research report on Friday, November 5th. Finally, Cowen boosted their price objective on shares of Vista Outdoor from $53.00 to $65.00 and gave the company an “outperform” rating in a research report on Friday, November 5th. They noted that the move was a valuation call. Nine research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $54.50.

NYSE VSTO opened at $43.51 on Friday. Vista Outdoor Inc. has a 52 week low of $27.02 and a 52 week high of $52.69. The company has a current ratio of 3.27, a quick ratio of 1.85 and a debt-to-equity ratio of 0.53. The stock has a market cap of $2.49 billion, a price-to-earnings ratio of 6.70 and a beta of 0.38. The company has a 50-day moving average price of $43.85 and a two-hundred day moving average price of $42.38.

Vista Outdoor (NYSE:VSTO) last posted its earnings results on Thursday, November 4th. The company reported $2.41 EPS for the quarter, topping the consensus estimate of $1.78 by $0.63. The firm had revenue of $778.60 million during the quarter, compared to analysts’ expectations of $722.59 million. Vista Outdoor had a net margin of 14.86% and a return on equity of 47.33%. Vista Outdoor’s quarterly revenue was up 35.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.10 EPS. As a group, equities research analysts expect that Vista Outdoor Inc. will post 7.86 earnings per share for the current fiscal year.

Vista Outdoor Company Profile

Vista Outdoor, Inc engages in the design, manufacture, and marketing of consumer products in the outdoor sports and recreation markets. It operates through the following segments: Shooting Sports and Outdoor Products. The Shooting Sports segment is comprised of ammunition and hunting & shooting accessories product lines.

See Also: What are the Different Types of Leveraged Buyouts?

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).

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

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.