Brown Advisory Inc. Grows Stock Holdings in Vista Outdoor Inc. (NYSE:VSTO)

Brown Advisory Inc. boosted its position in Vista Outdoor Inc. (NYSE:VSTO - Free Report) by 14.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,318,975 shares of the company's stock after acquiring an additional 164,385 shares during the period. Brown Advisory Inc. owned 2.27% of Vista Outdoor worth $39,002,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its stake in Vista Outdoor by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,161,469 shares of the company's stock valued at $123,056,000 after purchasing an additional 21,733 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Vista Outdoor by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 815,346 shares of the company's stock worth $24,110,000 after buying an additional 18,442 shares in the last quarter. LSV Asset Management grew its holdings in Vista Outdoor by 12.7% during the fourth quarter. LSV Asset Management now owns 91,700 shares of the company's stock worth $2,712,000 after buying an additional 10,300 shares in the last quarter. SummerHaven Investment Management LLC lifted its stake in Vista Outdoor by 1.5% during the 4th quarter. SummerHaven Investment Management LLC now owns 25,307 shares of the company's stock valued at $748,000 after acquiring an additional 373 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in Vista Outdoor by 51.9% during the 4th quarter. Russell Investments Group Ltd. now owns 83,087 shares of the company's stock worth $2,457,000 after acquiring an additional 28,387 shares during the last quarter. Institutional investors and hedge funds own 90.51% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. StockNews.com assumed coverage on shares of Vista Outdoor in a report on Wednesday, May 15th. They issued a "buy" rating for the company. Lake Street Capital downgraded Vista Outdoor from a "buy" rating to a "hold" rating and boosted their target price for the stock from $33.00 to $37.00 in a research note on Friday, May 10th. Roth Capital raised Vista Outdoor from a "neutral" rating to a "buy" rating in a research report on Thursday, April 4th. Roth Mkm upgraded Vista Outdoor from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $31.00 to $38.00 in a report on Thursday, April 4th. Finally, Monness Crespi & Hardt upped their price objective on Vista Outdoor from $37.00 to $41.00 and gave the company a "buy" rating in a research note on Friday, May 10th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $38.67.

Vista Outdoor Stock Performance

Vista Outdoor stock traded down $0.10 during trading on Monday, hitting $34.44. The stock had a trading volume of 233,633 shares, compared to its average volume of 503,961. The stock's 50 day moving average is $33.61 and its two-hundred day moving average is $30.45. Vista Outdoor Inc. has a 1 year low of $23.33 and a 1 year high of $36.37. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of -313.09 and a beta of 0.93. The company has a quick ratio of 1.21, a current ratio of 2.79 and a debt-to-equity ratio of 0.64.

Vista Outdoor (NYSE:VSTO - Get Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.03. The company had revenue of $693.67 million during the quarter, compared to the consensus estimate of $701.43 million. Vista Outdoor had a positive return on equity of 19.75% and a negative net margin of 0.20%. The firm's quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.08 EPS. As a group, analysts predict that Vista Outdoor Inc. will post 3.99 EPS for the current year.

Vista Outdoor Company Profile

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.