Larson Financial Group LLC Has $3.42 Million Stock Position in Vista Outdoor Inc. (NYSE:VSTO)

Larson Financial Group LLC grew its position in shares of Vista Outdoor Inc. (NYSE:VSTO) by 11.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,233 shares of the company’s stock after buying an additional 9,162 shares during the quarter. Larson Financial Group LLC owned approximately 0.15% of Vista Outdoor worth $3,418,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Arizona State Retirement System raised its position in Vista Outdoor by 2.0% in the 2nd quarter. Arizona State Retirement System now owns 15,464 shares of the company’s stock valued at $582,000 after purchasing an additional 303 shares during the last quarter. Kennedy Capital Management LLC lifted its position in shares of Vista Outdoor by 3.7% during the first quarter. Kennedy Capital Management LLC now owns 9,379 shares of the company’s stock worth $307,000 after purchasing an additional 333 shares in the last quarter. Natixis Advisors LLC grew its stake in shares of Vista Outdoor by 3.6% during the third quarter. Natixis Advisors LLC now owns 11,369 shares of the company’s stock valued at $445,000 after purchasing an additional 394 shares during the last quarter. SummerHaven Investment Management LLC raised its position in Vista Outdoor by 1.7% in the 2nd quarter. SummerHaven Investment Management LLC now owns 26,072 shares of the company’s stock worth $982,000 after purchasing an additional 443 shares during the last quarter. Finally, Louisiana State Employees Retirement System lifted its holdings in Vista Outdoor by 1.7% during the 2nd quarter. Louisiana State Employees Retirement System now owns 29,300 shares of the company’s stock worth $1,103,000 after buying an additional 500 shares in the last quarter. Institutional investors and hedge funds own 90.51% of the company’s stock.

Vista Outdoor Stock Performance

NYSE VSTO opened at $44.42 on Friday. The company has a quick ratio of 1.26, a current ratio of 2.90 and a debt-to-equity ratio of 0.48. The stock’s 50-day moving average is $42.71 and its 200-day moving average is $39.10. Vista Outdoor Inc. has a one year low of $26.05 and a one year high of $44.48.

Vista Outdoor (NYSE:VSTO) last released its quarterly earnings results on Wednesday, November 6th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.11. The firm had revenue of $665.92 million for the quarter, compared to the consensus estimate of $666.72 million. Vista Outdoor had a positive return on equity of 19.53% and a negative net margin of 0.34%. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the business posted $0.96 EPS. On average, equities research analysts anticipate that Vista Outdoor Inc. will post 4 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. B. Riley downgraded Vista Outdoor from a “buy” rating to a “neutral” rating and set a $43.00 target price for the company. in a research report on Wednesday, August 7th. Roth Capital downgraded shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 19th. StockNews.com started coverage on shares of Vista Outdoor in a research report on Saturday. They set a “buy” rating for the company. Aegis cut shares of Vista Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 15th. Finally, Monness Crespi & Hardt cut shares of Vista Outdoor from a “buy” rating to a “neutral” rating in a research report on Monday, October 7th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, Vista Outdoor has a consensus rating of “Hold” and an average price target of $41.20.

About Vista Outdoor

Vista Outdoor Inc designs, manufactures, and markets outdoor recreation and shooting sports products. in the United States and internationally. The Kinetic Group segment designs, develops, distributes, and manufactures ammunition, primers, and components for hunters, recreational shooters, federal and local law enforcement agencies, and the military.