TD Asset Management Inc Has $4.64 Million Position in Vail Resorts, Inc. (NYSE:MTN)

TD Asset Management Inc lowered its holdings in Vail Resorts, Inc. (NYSE:MTN) by 4.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,765 shares of the company’s stock after selling 1,065 shares during the quarter. TD Asset Management Inc owned about 0.07% of Vail Resorts worth $4,641,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. CANADA LIFE ASSURANCE Co lifted its stake in Vail Resorts by 66.0% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 45,233 shares of the company’s stock valued at $10,082,000 after acquiring an additional 17,976 shares in the last quarter. Quantbot Technologies LP bought a new position in Vail Resorts during the 1st quarter valued at $3,228,000. Nordea Investment Management AB lifted its stake in Vail Resorts by 5.9% during the 1st quarter. Nordea Investment Management AB now owns 441,749 shares of the company’s stock valued at $98,470,000 after acquiring an additional 24,456 shares in the last quarter. Junto Capital Management LP bought a new position in Vail Resorts during the 4th quarter valued at $14,011,000. Finally, Edgestream Partners L.P. lifted its stake in Vail Resorts by 146.3% during the 1st quarter. Edgestream Partners L.P. now owns 12,147 shares of the company’s stock valued at $2,707,000 after acquiring an additional 7,216 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on MTN shares. Morgan Stanley lowered their target price on Vail Resorts from $229.00 to $179.00 and set an “equal weight” rating on the stock in a research note on Friday, June 7th. Stifel Nicolaus lowered their target price on Vail Resorts from $262.00 to $259.00 and set a “buy” rating on the stock in a research note on Friday, June 7th. Mizuho lowered their target price on Vail Resorts from $256.00 to $231.00 and set a “buy” rating on the stock in a research note on Friday, June 7th. Deutsche Bank Aktiengesellschaft lowered their target price on Vail Resorts from $244.00 to $226.00 in a research note on Thursday, June 6th. Finally, JPMorgan Chase & Co. cut Vail Resorts from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $217.00 to $176.00 in a research note on Friday, June 7th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $221.50.

Vail Resorts Price Performance

Shares of Vail Resorts stock opened at $176.69 on Thursday. The company has a market cap of $6.65 billion, a PE ratio of 24.04, a P/E/G ratio of 2.19 and a beta of 1.14. The business has a 50 day moving average of $178.13 and a 200 day moving average of $195.29. Vail Resorts, Inc. has a 52 week low of $165.14 and a 52 week high of $254.78. The company has a quick ratio of 1.08, a current ratio of 1.18 and a debt-to-equity ratio of 2.04.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.