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The Texas Permanent School Fund reduces its stake in Vista Outdoor Inc. (NYSE:VSTO)

The Texas Permanent School Fund reduces its stake in Vista Outdoor Inc. (NYSE:VSTO)

The Texas Permanent School Fund sold off 36.7% of its holdings in Vista Outdoor Inc. during the third quarter, as stated in the most recent 13F filing that was submitted to the Securities and Exchange Commission by Vista Outdoor Inc. is represented on the NYSE by the ticker symbol VSTO (SEC). A total of 14,904 shares of the company’s stock were sold during that period, bringing the total number of shares held by the fund to 25,658. The most recent report submitted to the SEC reveals that the Texas Permanent School Fund invested in Vista Outdoor with a value of 624 thousand dollars.

Shares of VSTO have been bought and sold by several other institutional investors and hedge funds over the most recent few months. The percentage of Vista Outdoor stock held by Cambridge Investment Research Advisors Inc. increased by 76.3% during the first three months of 2018 due to the company’s acquisition of additional shares. Since the beginning of the most recent fiscal quarter, Cambridge Investment Research Advisors Inc. has acquired an additional 13,341 shares of the company’s stock, bringing the total number of shares owned by the firm to 30,825, with a market value of $1,000,000 for the entire holding. A new holding investment in Vista Outdoor with a total value of $398,000 was made by Cetera Advisor Networks LLC during the first three months of 2018. The first three months of 2018 saw Private Advisor Group LLC make a new holding investment in Vista Outdoor for $253,000. Citigroup Inc. increased its holdings in Vista Outdoor by 8.5% during the first three months of the fiscal year. After purchasing an additional 4,087 shares during the relevant period, Citigroup Inc. now has a total of 52,150 shares of the company’s stock, which are worth a combined total of $1,861,000. During the relevant period, these shares were acquired.

Last but not least, during the first quarter, MetLife Investment Management LLC completed a 56.3% increase in the Vista Outdoor stock it owned, making it the company’s largest single shareholder. After purchasing an additional 11,257 shares throughout the relevant period, MetLife Investment Management LLC now has 31,266 shares of the company’s stock, which is currently valued at $1,160,000. These shares were acquired due to the purchase of an additional 11,257 shares. Institutional investors and investors who participate in hedge funds collectively hold 85.56 percent of the company’s stock.

On Monday morning, a share of VSTO was $27.43 when trading got underway. Moving averages for the past 50 days at the company come in at $25.99, and moving averages for the past 200 days come in at $27.27. Vista Outdoor Inc. reached its one-year high of $44.28 and its one-year low of $22.97 during the same period. The company has a price-to-earnings ratio of 3.56 and a beta value of 0.87. The market capitalization of the company is currently sitting at $1.55 billion at this time. There are a variety of financial ratios, some of which include a debt-to-equity ratio of 0.86, a current ratio of 2.28, and a quick ratio of 1.00.

On November 2, the most recent earnings report for Vista Outdoor, traded on the NYSE under the symbol VSTO, was made public. The company reported earnings for the quarter at $1.71 per share, which is

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