Vail Resorts, Inc. (NYSE:MTN) Shares Acquired by Amalgamated Bank

Amalgamated Bank increased its position in Vail Resorts, Inc. (NYSE:MTN) by 7.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,379 shares of the company’s stock after acquiring an additional 1,603 shares during the period. Amalgamated Bank owned approximately 0.06% of Vail Resorts worth $4,031,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of MTN. Dimensional Fund Advisors LP grew its holdings in Vail Resorts by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 259,239 shares of the company’s stock valued at $55,347,000 after buying an additional 6,336 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in Vail Resorts by 31.1% during the 4th quarter. Quadrant Capital Group LLC now owns 358 shares of the company’s stock valued at $76,000 after buying an additional 85 shares during the last quarter. Norges Bank acquired a new stake in Vail Resorts during the 4th quarter valued at $85,704,000. Nomura Asset Management Co. Ltd. grew its holdings in Vail Resorts by 11.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 11,631 shares of the company’s stock valued at $2,483,000 after buying an additional 1,176 shares during the last quarter. Finally, Johnson Financial Group Inc. acquired a new stake in Vail Resorts during the 4th quarter valued at $89,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Vail Resorts Trading Down 1.1 %

Shares of MTN opened at $185.00 on Monday. The company has a current ratio of 1.18, a quick ratio of 1.08 and a debt-to-equity ratio of 2.04. The firm has a market capitalization of $6.96 billion, a P/E ratio of 25.17, a price-to-earnings-growth ratio of 2.38 and a beta of 1.14. The stock’s fifty day simple moving average is $179.10 and its 200 day simple moving average is $192.89. Vail Resorts, Inc. has a twelve month low of $165.14 and a twelve month high of $250.31.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft lowered their target price on Vail Resorts from $218.00 to $194.00 and set a “hold” rating on the stock in a report on Monday, September 16th. JPMorgan Chase & Co. lowered Vail Resorts from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $217.00 to $176.00 in a research note on Friday, June 7th. Stifel Nicolaus reissued a “buy” rating and set a $223.00 price target (down previously from $259.00) on shares of Vail Resorts in a research note on Thursday. Barclays reduced their price target on Vail Resorts from $201.00 to $161.00 and set an “underweight” rating on the stock in a research note on Friday, June 7th. Finally, Mizuho reduced their price target 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. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Vail Resorts presently has a consensus rating of “Hold” and a consensus price target of $213.00.

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.