Voya Investment Management LLC grew its position in shares of Vista Outdoor Inc. (NYSE:VSTO) by 2,110.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 429,843 shares of the company’s stock after buying an additional 410,400 shares during the quarter. Voya Investment Management LLC owned 0.75% of Vista Outdoor worth $9,676,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. increased its holdings in shares of Vista Outdoor by 1,128.7% in the 1st quarter. Russell Investments Group Ltd. now owns 37,057 shares of the company’s stock valued at $764,000 after purchasing an additional 34,041 shares in the last quarter. US Bancorp DE increased its holdings in shares of Vista Outdoor by 26.9% in the 1st quarter. US Bancorp DE now owns 9,672 shares of the company’s stock valued at $199,000 after purchasing an additional 2,052 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Vista Outdoor by 38.2% in the 1st quarter. Bank of New York Mellon Corp now owns 991,499 shares of the company’s stock valued at $20,415,000 after purchasing an additional 273,859 shares in the last quarter. UBS Asset Management Americas Inc. increased its holdings in shares of Vista Outdoor by 12.1% in the 1st quarter. UBS Asset Management Americas Inc. now owns 38,665 shares of the company’s stock valued at $796,000 after purchasing an additional 4,181 shares in the last quarter. Finally, Karp Capital Management Corp purchased a new position in shares of Vista Outdoor in the 1st quarter valued at about $297,000. Institutional investors own 96.45% of the company’s stock.

Vista Outdoor Inc. (NYSE:VSTO) opened at 21.75 on Friday. The stock’s market capitalization is $1.24 billion. Vista Outdoor Inc. has a 12-month low of $19.66 and a 12-month high of $41.29. The firm’s 50-day moving average is $22.46 and its 200 day moving average is $22.46.

Vista Outdoor (NYSE:VSTO) last issued its quarterly earnings results on Thursday, August 10th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.13 by $0.11. Vista Outdoor had a negative net margin of 11.55% and a positive return on equity of 7.02%. The firm had revenue of $569.00 million for the quarter, compared to analysts’ expectations of $552.49 million. During the same period in the previous year, the business earned $0.48 earnings per share. Vista Outdoor’s revenue for the quarter was down 9.7% compared to the same quarter last year. Equities research analysts anticipate that Vista Outdoor Inc. will post $1.24 earnings per share for the current year.

A number of equities analysts have recently issued reports on VSTO shares. Roth Capital set a $21.00 price target on shares of Vista Outdoor and gave the company a “hold” rating in a report on Friday. BidaskClub downgraded shares of Vista Outdoor from a “hold” rating to a “sell” rating in a report on Saturday, September 2nd. Zacks Investment Research downgraded shares of Vista Outdoor from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. Jefferies Group LLC reiterated a “buy” rating and issued a $28.00 price target on shares of Vista Outdoor in a report on Friday, July 14th. Finally, Cowen and Company reiterated a “hold” rating and issued a $26.00 price target on shares of Vista Outdoor in a report on Wednesday. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $28.23.

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About Vista Outdoor

Vista Outdoor Inc is a designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The Company operates through two segments: Shooting Sports and Outdoor Products. Its Shooting Sports segment designs, develops, produces and sources ammunition and firearms for the hunting and sport shooting enthusiast markets, as well as ammunition for local law enforcement, the United States Government and international markets.

Institutional Ownership by Quarter for Vista Outdoor (NYSE:VSTO)

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