Principal Financial Group Inc. cut its stake in shares of Vail Resorts Inc. (NYSE:MTN) by 0.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 235,715 shares of the company’s stock after selling 2,006 shares during the period. Principal Financial Group Inc. owned approximately 0.65% of Vail Resorts worth $32,583,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Vail Resorts during the fourth quarter valued at about $48,741,000. Acadian Asset Management LLC increased its stake in shares of Vail Resorts by 668.6% in the first quarter. Acadian Asset Management LLC now owns 7,140 shares of the company’s stock valued at $955,000 after buying an additional 6,211 shares during the period. Fox Run Management L.L.C. acquired a new stake in shares of Vail Resorts during the first quarter valued at $441,000. Aperio Group LLC increased its stake in shares of Vail Resorts by 30.1% in the first quarter. Aperio Group LLC now owns 4,378 shares of the company’s stock valued at $585,000 after buying an additional 1,013 shares during the period. Finally, Virginia Retirement System acquired a new stake in shares of Vail Resorts during the first quarter valued at $308,000. Institutional investors own 98.48% of the company’s stock.

Shares of Vail Resorts Inc. (NYSE:MTN) traded up 0.52% on Thursday, hitting $162.10. 12,482 shares of the stock were exchanged. The company has a market cap of $5.86 billion, a P/E ratio of 41.82 and a beta of 0.70. The firm’s 50-day moving average is $157.50 and its 200-day moving average is $139.80. Vail Resorts Inc. has a one year low of $100.50 and a one year high of $162.95.

MTN has been the subject of several recent research reports. KeyCorp increased their target price on shares of Vail Resorts from $150.00 to $175.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 23rd. MKM Partners set a $180.00 target price on shares of Vail Resorts and gave the stock a “buy” rating in a research note on Tuesday. Credit Suisse Group AG set a $153.00 target price on shares of Vail Resorts and gave the stock a “buy” rating in a research note on Monday, September 12th. Janney Montgomery Scott reiterated a “buy” rating and set a $153.00 target price (up previously from $150.00) on shares of Vail Resorts in a research note on Friday, June 10th. Finally, Zacks Investment Research upgraded shares of Vail Resorts from a “hold” rating to a “buy” rating and set a $180.00 target price for the company in a research note on Wednesday, August 24th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $151.45.

Vail Resorts Company Profile

Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. The Company’s Mountain segment operates around 10 mountain resort properties and two urban ski areas, as well as ancillary services, primarily including, ski school, dining and retail/rental operations.

5 Day Chart for NYSE:MTN

Receive News & Ratings for Vail Resorts Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vail Resorts Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.