Vista Outdoor Inc (VSTO) : Financial Partners Capital Management scooped up 1,500 additional shares in Vista Outdoor Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 14,975 shares of Vista Outdoor Inc which is valued at $768,218.Vista Outdoor Inc makes up approximately 0.20% of Financial Partners Capital Management’s portfolio.
Other Hedge Funds, Including , California Public Employees Retirement System reduced its stake in VSTO by selling 8,800 shares or 7.3% in the most recent quarter. The Hedge Fund company now holds 111,800 shares of VSTO which is valued at $5,735,340. Vista Outdoor Inc makes up approx 0.01% of California Public Employees Retirement System’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in VSTO by selling 1,560 shares or 9.22% in the most recent quarter. The Hedge Fund company now holds 15,366 shares of VSTO which is valued at $769,068. Vista Outdoor Inc makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.James Investment Research Inc reduced its stake in VSTO by selling 2,735 shares or 1.83% in the most recent quarter. The Hedge Fund company now holds 146,638 shares of VSTO which is valued at $7,273,245. Vista Outdoor Inc makes up approx 0.18% of James Investment Research Inc’s portfolio.
Vista Outdoor Inc opened for trading at $51.6 and hit $51.85 on the upside on Monday, eventually ending the session at $51.8, with a gain of 0.43% or 0.22 points. The heightened volatility saw the trading volume jump to 2,31,088 shares. Company has a market cap of $3,146 M.
On the company’s financial health, Vista Outdoor Inc reported $0.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 12, 2016. Analyst had a consensus of $0.61. The company had revenue of $612.00 million for the quarter, compared to analysts expectations of $588.77 million. The company’s revenue was up 26.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS.
Many Wall Street Analysts have commented on Vista Outdoor Inc. Vista Outdoor Inc was Initiated by ROTH Capital to “Buy” on Jun 15, 2016.
Vista Outdoor Inc. is a designer manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The Company operates in two segments: Shooting Sports and Outdoor Products. Its Shooting Sports segment’s products include pistol rifle rimfire and shotshell ammunition and primers centerfire rifles rimfire rifles shotguns and range systems. Its Outdoor Products segment’s product lines include optics accessories and eyewear. It serves the outdoor sports and recreation markets through a diverse portfolio of over 30 brands that provide consumers with a range of products including sporting ammunition and firearms outdoor accessories outdoor sports optics golf rangefinders and performance eyewear. It serves a range of end consumers including outdoor enthusiasts hunters and recreational shooters athletes as well as law enforcement and military professionals. Its products are sold through a variety of mass specialty and independent retailers.