Schonfeld Strategic Advisors LLC Acquires New Shares in Revelyst, Inc. (NYSE:GEAR)

Schonfeld Strategic Advisors LLC acquired a new stake in shares of Revelyst, Inc. (NYSE:GEAR) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 30,800 shares of the company’s stock, valued at approximately $592,000.

Several other large investors have also modified their holdings of GEAR. Vanguard Group Inc. acquired a new stake in Revelyst in the 4th quarter valued at approximately $95,824,000. Dimensional Fund Advisors LP bought a new stake in Revelyst in the fourth quarter valued at about $68,599,000. American Century Companies Inc. acquired a new position in shares of Revelyst in the 4th quarter worth approximately $32,228,000. Geode Capital Management LLC bought a new position in shares of Revelyst during the fourth quarter valued at $26,003,000. Finally, Adage Capital Partners GP L.L.C. bought a new position in Revelyst during the 4th quarter valued at about $24,335,000. 90.51% of the stock is owned by institutional investors.

Revelyst Price Performance

NYSE GEAR opened at $20.08 on Friday. The stock’s 50 day simple moving average is $20.08. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.26 and a current ratio of 2.90. The company has a market cap of $1.17 billion, a price-to-earnings ratio of -111.56 and a beta of 0.75. Revelyst, Inc. has a one year low of $18.90 and a one year high of $20.09.

About Revelyst

Vista Outdoor Inc is the parent company of renowned brands which design, manufacture and market sporting and outdoor products. The company’s operating segment includes Outdoor Products and Sporting Products. Its brand portfolio includes Remington Ammunition, Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fiber Energy Products, Bell Helmets, Camp Chef, Giro, QuietKat, Stone Glacier, Federal Ammunition and more.