Kestrel Investment Management Corp Has $4.81 Million Stock Position in Vista Outdoor Inc. (NYSE:VSTO)

Kestrel Investment Management Corp reduced its stake in shares of Vista Outdoor Inc. (NYSE:VSTO) by 16.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 162,550 shares of the company’s stock after selling 31,100 shares during the period. Vista Outdoor makes up 3.3% of Kestrel Investment Management Corp’s investment portfolio, making the stock its 12th biggest position. Kestrel Investment Management Corp’s holdings in Vista Outdoor were worth $4,807,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Quarry LP bought a new stake in shares of Vista Outdoor during the 2nd quarter worth $26,000. Fifth Third Bancorp lifted 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 worth $32,000 after buying an additional 655 shares during the last quarter. CWM LLC lifted 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 worth $33,000 after buying an additional 405 shares during the last quarter. Ancora Advisors LLC lifted 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 worth $52,000 after buying an additional 975 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted 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 worth $54,000 after buying an additional 1,731 shares during the last quarter. 90.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Roth Capital upgraded Vista Outdoor from a “neutral” rating to a “buy” rating in a research report on Thursday, April 4th. Roth Mkm upgraded Vista Outdoor from a “neutral” rating to a “buy” rating and increased their target price for the company from $31.00 to $38.00 in a research report on Thursday, April 4th. Monness Crespi & Hardt increased their target price on Vista Outdoor from $34.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, StockNews.com began coverage on Vista Outdoor in a research report on Saturday, April 13th. They issued a “buy” rating for the company. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $34.67.

Vista Outdoor Trading Up 0.6 %

Shares of VSTO stock traded up $0.19 on Friday, hitting $32.36. The company had a trading volume of 502,243 shares, compared to its average volume of 515,585. The firm has a market cap of $1.88 billion, a P/E ratio of -5.41 and a beta of 0.96. The stock’s 50-day moving average is $31.89 and its two-hundred day moving average is $29.31. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.09 and a current ratio of 2.58. Vista Outdoor Inc. has a twelve month low of $23.33 and a twelve month high of $33.96.

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

Vista Outdoor 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.