Engineers Gate Manager LP acquired a new stake in shares of Vista Outdoor Inc. (NYSE:VSTO) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 114,946 shares of the company’s stock, valued at approximately $2,637,000. Engineers Gate Manager LP owned about 0.20% of Vista Outdoor as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Ameritas Investment Partners Inc. bought a new stake in shares of Vista Outdoor during the 2nd quarter valued at about $113,000. Sphera Funds Management LTD. bought a new position in Vista Outdoor in the 2nd quarter worth about $135,000. Northwestern Mutual Investment Management Company LLC bought a new position in Vista Outdoor in the 2nd quarter worth about $500,000. Profund Advisors LLC grew its position in 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 purchasing an additional 698 shares during the last quarter. Finally, US Bancorp DE grew its position in Vista Outdoor by 18.1% in the 2nd quarter. US Bancorp DE now owns 11,418 shares of the company’s stock worth $257,000 after purchasing an additional 1,746 shares during the last quarter. 99.97% of the stock is owned by institutional investors and hedge funds.
In other Vista Outdoor news, Director Mark A. Gottfredson bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was acquired at an average cost of $14.60 per share, with a total value of $73,000.00. Following the completion of the purchase, the director now directly owns 21,716 shares in the company, valued at $317,053.60. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Christopher T. Metz bought 6,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were acquired at an average cost of $14.86 per share, with a total value of $96,590.00. Following the completion of the purchase, the chief executive officer now owns 87,256 shares of the company’s stock, valued at $1,296,624.16. The disclosure for this purchase can be found here. Insiders bought 14,500 shares of company stock valued at $209,580 over the last quarter. Insiders own 1.50% of the company’s stock.
Vista Outdoor Inc. (NYSE:VSTO) traded down $0.15 during trading on Thursday, hitting $14.73. 804,100 shares of the stock traded hands, compared to its average volume of 1,314,944. The company has a quick ratio of 1.63, a current ratio of 3.03 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $852.98, a PE ratio of 12.10, a PEG ratio of 2.60 and a beta of -0.36. Vista Outdoor Inc. has a twelve month low of $12.35 and a twelve month high of $40.14.
Vista Outdoor (NYSE:VSTO) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.07. The business had revenue of $587.00 million during the quarter, compared to analysts’ expectations of $588.85 million. Vista Outdoor had a negative net margin of 19.88% and a positive return on equity of 5.76%. The business’s revenue was down 14.2% on a year-over-year basis. During the same period last year, the firm posted $0.74 earnings per share. equities research analysts forecast that Vista Outdoor Inc. will post 0.57 earnings per share for the current year.
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Vista Outdoor 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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