Raymond James & Associates Has $655,000 Holdings in Vista Outdoor Inc. (NYSE:VSTO)

Raymond James & Associates lessened its stake in Vista Outdoor Inc. (NYSE:VSTO) by 76.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,149 shares of the company’s stock after selling 73,732 shares during the quarter. Raymond James & Associates’ holdings in Vista Outdoor were worth $655,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. CWM LLC boosted its holdings in shares of Vista Outdoor by 68.4% in the 3rd quarter. CWM LLC now owns 997 shares of the company’s stock valued at $33,000 after buying an additional 405 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in Vista Outdoor by 3.1% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 16,501 shares of the company’s stock valued at $547,000 after purchasing an additional 490 shares during the last quarter. Arizona State Retirement System lifted its holdings in Vista Outdoor by 3.9% during the 3rd quarter. Arizona State Retirement System now owns 16,510 shares of the company’s stock valued at $547,000 after purchasing an additional 617 shares during the last quarter. Fifth Third Bancorp lifted its holdings in 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. Finally, Ancora Advisors LLC lifted its holdings in 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. Institutional investors and hedge funds own 90.51% of the company’s stock.

Vista Outdoor Stock Down 1.1 %

VSTO opened at $34.47 on Thursday. Vista Outdoor Inc. has a fifty-two week low of $23.33 and a fifty-two week high of $34.99. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.09 and a current ratio of 2.58. The company has a market capitalization of $2.00 billion, a P/E ratio of -5.76 and a beta of 0.96. The stock has a fifty day moving average of $32.06 and a 200-day moving average of $29.33.

Vista Outdoor (NYSE:VSTO) last issued its quarterly earnings results on Wednesday, January 31st. The company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $682.25 million during the quarter, compared to the consensus estimate of $687.85 million. On average, equities analysts expect that Vista Outdoor Inc. will post 3.87 EPS for the current year.

Analyst Ratings Changes

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

About Vista Outdoor

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.