DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Takes $362,000 Position in Revelyst, Inc. (NYSE:GEAR)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in shares of Revelyst, Inc. (NYSE:GEAR) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 18,812 shares of the company’s stock, valued at approximately $362,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. purchased a new position in shares of Revelyst in the 4th quarter worth approximately $26,000. NewEdge Advisors LLC purchased a new stake in Revelyst during the fourth quarter valued at approximately $30,000. PNC Financial Services Group Inc. acquired a new stake in Revelyst in the fourth quarter valued at approximately $36,000. Jones Financial Companies Lllp acquired a new stake in Revelyst in the fourth quarter valued at approximately $42,000. Finally, KBC Group NV purchased a new position in Revelyst in the fourth quarter worth $43,000. 90.51% of the stock is currently owned by institutional investors.

Revelyst Trading Up 4.5%

Shares of GEAR opened at $20.08 on Monday. Revelyst, Inc. has a 12 month low of $18.90 and a 12 month high of $20.09. The firm’s fifty 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 stock has a market cap of $1.17 billion, a price-to-earnings ratio of -111.56 and a beta of 0.75.

Revelyst Profile

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.