Great Lakes Advisors LLC trimmed its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 14.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,563 shares of the company’s stock after selling 424 shares during the quarter. Great Lakes Advisors LLC’s holdings in Vail Resorts were worth $557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of MTN. Strs Ohio boosted its holdings in shares of Vail Resorts by 175.9% in the 4th quarter. Strs Ohio now owns 81,847 shares of the company’s stock worth $17,254,000 after buying an additional 52,181 shares during the last quarter. Conestoga Capital Advisors LLC lifted its holdings in Vail Resorts by 58.3% during the fourth quarter. Conestoga Capital Advisors LLC now owns 16,050 shares of the company’s stock valued at $3,384,000 after purchasing an additional 5,910 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Vail Resorts by 5.3% during the fourth quarter. Victory Capital Management Inc. now owns 372,733 shares of the company’s stock valued at $78,579,000 after purchasing an additional 18,805 shares during the last quarter. IFM Investors Pty Ltd lifted its holdings in Vail Resorts by 12.3% during the fourth quarter. IFM Investors Pty Ltd now owns 2,221 shares of the company’s stock valued at $468,000 after purchasing an additional 243 shares during the last quarter. Finally, Scout Investments Inc. lifted its holdings in Vail Resorts by 4.0% during the first quarter. Scout Investments Inc. now owns 74,294 shares of the company’s stock valued at $16,144,000 after purchasing an additional 2,852 shares during the last quarter. 94.33% of the stock is currently owned by hedge funds and other institutional investors.

Shares of MTN opened at $214.41 on Friday. Vail Resorts, Inc. has a twelve month low of $179.60 and a twelve month high of $302.76. The stock has a market cap of $8.52 billion, a PE ratio of 34.09, a P/E/G ratio of 2.09 and a beta of 0.66. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 0.80.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Friday, March 8th. The company reported $5.02 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.79 by $0.23. Vail Resorts had a return on equity of 15.93% and a net margin of 12.76%. The firm had revenue of $849.60 million for the quarter, compared to analysts’ expectations of $841.76 million. During the same period in the prior year, the business posted $4.12 earnings per share. The company’s revenue was up 15.7% on a year-over-year basis. As a group, sell-side analysts predict that Vail Resorts, Inc. will post 6.98 earnings per share for the current fiscal year.

MTN has been the topic of several analyst reports. Zacks Investment Research upgraded Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday. Macquarie cut Vail Resorts from an “outperform” rating to a “neutral” rating and set a $221.62 price target on the stock. in a research report on Thursday, April 4th. KeyCorp upped their price target on Vail Resorts from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, April 1st. Deutsche Bank reiterated a “buy” rating and set a $267.00 price target on shares of Vail Resorts in a research report on Monday, April 29th. Finally, SunTrust Banks initiated coverage on Vail Resorts in a research report on Friday, April 26th. They set a “buy” rating and a $242.00 price target on the stock. Six analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Vail Resorts currently has a consensus rating of “Hold” and a consensus price target of $254.06.

In related news, Director Peter A. Vaughn sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $216.47, for a total value of $216,470.00. Following the transaction, the director now directly owns 8,372 shares in the company, valued at $1,812,286.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP David T. Shapiro sold 5,312 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $213.51, for a total transaction of $1,134,165.12. Following the completion of the transaction, the executive vice president now owns 4,573 shares in the company, valued at $976,381.23. The disclosure for this sale can be found here. 2.90% of the stock is currently owned by corporate insiders.

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Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 11 mountain resorts, including Vail Mountain, Breckenridge Ski, Keystone, and Beaver Creek resorts in Colorado; Park City resort in Utah; Heavenly Mountain, Northstar, and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Vermont; and Perisher in Australia, as well as 3 urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

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Institutional Ownership by Quarter for Vail Resorts (NYSE:MTN)

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