Vista Outdoor Inc (VSTO) Stake Increased by Landscape Capital Management L.L.C.
Landscape Capital Management L.L.C. lifted its stake in shares of Vista Outdoor Inc (NYSE:VSTO) by 164.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 134,080 shares of the company’s stock after acquiring an additional 83,398 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Vista Outdoor were worth $1,954,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the company. BlackRock Inc. lifted its position in shares of Vista Outdoor by 4.2% during the 4th quarter. BlackRock Inc. now owns 7,297,642 shares of the company’s stock worth $106,328,000 after buying an additional 291,411 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Vista Outdoor by 16.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,164,649 shares of the company’s stock worth $95,537,000 after buying an additional 600,770 shares during the last quarter. Frontier Capital Management Co. LLC increased its holdings in shares of Vista Outdoor by 3.4% in the 4th quarter. Frontier Capital Management Co. LLC now owns 3,003,242 shares of the company’s stock valued at $43,757,000 after acquiring an additional 98,830 shares during the period. State Street Corp increased its holdings in shares of Vista Outdoor by 29.1% in the 2nd quarter. State Street Corp now owns 1,501,570 shares of the company’s stock valued at $33,811,000 after acquiring an additional 338,027 shares during the period. Finally, Wedge Capital Management L L P NC increased its holdings in shares of Vista Outdoor by 9.9% in the 4th quarter. Wedge Capital Management L L P NC now owns 988,498 shares of the company’s stock valued at $14,402,000 after acquiring an additional 89,029 shares during the period.
Vista Outdoor Inc (NYSE:VSTO) opened at $15.91 on Friday. The company has a market cap of $912.26, a price-to-earnings ratio of 21.50, a PEG ratio of 2.77 and a beta of -0.45. Vista Outdoor Inc has a 1-year low of $12.35 and a 1-year high of $25.07. The company has a debt-to-equity ratio of 0.74, a current ratio of 3.13 and a quick ratio of 1.97.
A number of brokerages have recently commented on VSTO. DA Davidson lifted their target price on shares of Vista Outdoor to $17.00 and gave the company a “neutral” rating in a report on Friday, February 9th. Roth Capital set a $17.00 target price on shares of Vista Outdoor and gave the company a “hold” rating in a report on Friday, February 9th. KeyCorp reaffirmed a “hold” rating on shares of Vista Outdoor in a report on Friday, November 10th. Forward View cut shares of Vista Outdoor from a “hold” rating to a “sell” rating and set a $12.00 target price on the stock. in a report on Monday, November 13th. Finally, Zacks Investment Research raised shares of Vista Outdoor from a “strong sell” rating to a “hold” rating in a report on Friday, November 17th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $20.94.
In other news, Director Mark A. Gottfredson acquired 5,000 shares of the company’s stock in a transaction on Tuesday, December 5th. The shares were bought at an average cost of $14.60 per share, with a total value of $73,000.00. Following the purchase, the director now owns 21,716 shares of the company’s stock, valued at approximately $317,053.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Christopher T. Metz acquired 6,500 shares of the company’s stock in a transaction on Tuesday, December 5th. The stock was purchased at an average cost of $14.86 per share, for a total transaction of $96,590.00. Following the completion of the purchase, the chief executive officer now directly owns 87,256 shares in the company, valued at approximately $1,296,624.16. The disclosure for this purchase can be found here. Insiders acquired a total of 13,000 shares of company stock worth $191,175 over the last three months. 1.50% of the stock is currently owned by corporate insiders.
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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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