Vista Outdoor Inc. (NYSE:VSTO) Stock Holdings Boosted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Vista Outdoor Inc. (NYSE:VSTO) by 12.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 27,374 shares of the company’s stock after acquiring an additional 2,942 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Vista Outdoor were worth $809,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of VSTO. Fifth Third Bancorp grew its position in Vista Outdoor by 208.6% in the 3rd quarter. Fifth Third Bancorp now owns 969 shares of the company’s stock valued at $32,000 after buying an additional 655 shares in the last quarter. CWM LLC grew its position in 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 in the last quarter. Ancora Advisors LLC grew its position in Vista Outdoor by 162.5% in the 3rd quarter. Ancora Advisors LLC now owns 1,575 shares of the company’s stock valued at $52,000 after buying an additional 975 shares in the last quarter. NBC Securities Inc. acquired a new stake in Vista Outdoor in the 3rd quarter valued at about $78,000. Finally, Counterpoint Mutual Funds LLC acquired a new stake in Vista Outdoor in the 3rd quarter valued at about $136,000. Institutional investors own 90.51% of the company’s stock.

Vista Outdoor Price Performance

VSTO stock opened at $34.47 on Thursday. The company has a current ratio of 2.58, a quick ratio of 1.09 and a debt-to-equity ratio of 0.71. Vista Outdoor Inc. has a one year low of $23.33 and a one year high of $34.99. The firm has a market capitalization of $2.00 billion, a PE ratio of -5.76 and a beta of 0.96. The firm has a 50-day moving average of $32.06 and a two-hundred day moving average of $29.33.

Vista Outdoor (NYSE:VSTO) last posted its quarterly earnings data 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 negative net margin of 12.17% and a positive return on equity of 20.00%. The firm had revenue of $682.25 million for the quarter, compared to analysts’ expectations of $687.85 million. On average, analysts forecast that Vista Outdoor Inc. will post 3.87 earnings per share for the current year.

Wall Street Analyst Weigh In

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