Comerica Bank Purchases Shares of 20,122 Revelyst, Inc. (NYSE:GEAR)

Comerica Bank bought a new position in Revelyst, Inc. (NYSE:GEAR) during the 4th quarter, Holdings Channel.com reports. The firm bought 20,122 shares of the company’s stock, valued at approximately $387,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in GEAR. Vanguard Group Inc. bought a new position in shares of Revelyst in the fourth quarter worth approximately $95,824,000. Dimensional Fund Advisors LP bought a new position in shares of Revelyst in the fourth quarter worth approximately $68,599,000. American Century Companies Inc. bought a new stake in Revelyst in the fourth quarter valued at $32,228,000. Geode Capital Management LLC bought a new stake in Revelyst in the fourth quarter valued at $26,003,000. Finally, Adage Capital Partners GP L.L.C. bought a new stake in Revelyst in the fourth quarter valued at $24,335,000. Institutional investors own 90.51% of the company’s stock.

Revelyst Stock Up 4.5%

NYSE:GEAR opened at $20.08 on Friday. The company has a market capitalization of $1.17 billion, a PE ratio of -111.56 and a beta of 0.75. The firm has a fifty day moving average of $20.08. Revelyst, Inc. has a twelve month low of $18.90 and a twelve month high of $20.09. The company has a current ratio of 2.90, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48.

About Revelyst

Vista Outdoor Inc is the parent company of renowned brands which design, manufacture and market sporting and outdoor products. The company’s operating segment includes Outdoor Products and Sporting Products. Its brand portfolio includes Remington Ammunition, Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fiber Energy Products, Bell Helmets, Camp Chef, Giro, QuietKat, Stone Glacier, Federal Ammunition and more.