PSI Advisors LLC Sells 630 Shares of Vista Outdoor Inc. (NYSE:VSTO)

PSI Advisors LLC decreased its position in Vista Outdoor Inc. (NYSE:VSTO) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,609 shares of the company’s stock after selling 630 shares during the period. Vista Outdoor makes up approximately 0.8% of PSI Advisors LLC’s holdings, making the stock its 29th biggest position. PSI Advisors LLC owned 0.12% of Vista Outdoor worth $2,058,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Quarry LP purchased a new position in Vista Outdoor in the 2nd quarter worth about $26,000. Fifth Third Bancorp increased its position in shares of Vista Outdoor by 208.6% during the 3rd quarter. Fifth Third Bancorp now owns 969 shares of the company’s stock valued at $32,000 after purchasing an additional 655 shares during the last quarter. CWM LLC increased its position in shares of Vista Outdoor by 68.4% during the 3rd quarter. CWM LLC now owns 997 shares of the company’s stock valued at $33,000 after purchasing an additional 405 shares during the last quarter. Ancora Advisors LLC increased its position in shares of Vista Outdoor by 162.5% during the 3rd quarter. Ancora Advisors LLC now owns 1,575 shares of the company’s stock valued at $52,000 after purchasing an additional 975 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of Vista Outdoor by 794.0% during the 1st quarter. Tower Research Capital LLC TRC now owns 1,949 shares of the company’s stock valued at $54,000 after purchasing an additional 1,731 shares during the last quarter. Hedge funds and other institutional investors own 90.51% of the company’s stock.

Vista Outdoor Stock Up 0.6 %

Vista Outdoor stock traded up $0.19 during midday trading on Friday, hitting $32.36. The stock had a trading volume of 502,260 shares, compared to its average volume of 515,646. The firm’s fifty day moving average is $31.89 and its two-hundred day moving average is $29.29. Vista Outdoor Inc. has a 52-week low of $23.33 and a 52-week high of $33.96. The company has a current ratio of 2.58, a quick ratio of 1.09 and a debt-to-equity ratio of 0.71.

Vista Outdoor (NYSE:VSTO) last released its earnings results on Wednesday, January 31st. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.04). Vista Outdoor had a positive return on equity of 20.00% and a negative net margin of 12.17%. The firm had revenue of $682.25 million during the quarter, compared to analysts’ expectations of $687.85 million. On average, equities analysts expect that Vista Outdoor Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on VSTO shares. Roth Capital raised shares of Vista Outdoor from a “neutral” rating to a “buy” rating in a research report on Thursday, April 4th. Roth Mkm raised shares of Vista Outdoor from a “neutral” rating to a “buy” rating and upped their price target for the company from $31.00 to $38.00 in a research report on Thursday, April 4th. StockNews.com started coverage on shares of Vista Outdoor in a research report on Sunday. They set a “buy” rating for the company. Finally, Monness Crespi & Hardt upped their price target on shares of Vista Outdoor from $34.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, Vista Outdoor presently has a consensus rating of “Buy” and an average target price of $34.67.

Vista Outdoor Company Profile

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. 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 for hunters, recreational shooters, federal and local law enforcement agencies, and military.