Qsemble Capital Management LP Takes Position in Vail Resorts, Inc. (NYSE:MTN)

Qsemble Capital Management LP acquired a new stake in shares of Vail Resorts, Inc. (NYSE:MTN) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,249 shares of the company’s stock, valued at approximately $405,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Signaturefd LLC lifted its stake in Vail Resorts by 150.9% in the second quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after buying an additional 83 shares during the last quarter. Quarry LP purchased a new stake in shares of Vail Resorts during the fourth quarter valued at $35,000. Canton Hathaway LLC boosted its position in shares of Vail Resorts by 66.7% in the 2nd quarter. Canton Hathaway LLC now owns 250 shares of the company’s stock valued at $45,000 after purchasing an additional 100 shares during the period. GAMMA Investing LLC increased its stake in Vail Resorts by 27.9% in the 1st quarter. GAMMA Investing LLC now owns 257 shares of the company’s stock worth $57,000 after purchasing an additional 56 shares in the last quarter. Finally, Triad Wealth Partners LLC acquired a new position in shares of Vail Resorts in the second quarter worth about $51,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on MTN shares. JPMorgan Chase & Co. downgraded Vail Resorts from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from $217.00 to $176.00 in a research note on Friday, June 7th. Mizuho lowered their price objective on shares of Vail Resorts from $256.00 to $231.00 and set a “buy” rating on the stock in a research report on Friday, June 7th. Barclays cut their target price on shares of Vail Resorts from $201.00 to $161.00 and set an “underweight” rating for the company in a research report on Friday, June 7th. Stifel Nicolaus lowered their price target on shares of Vail Resorts from $262.00 to $259.00 and set a “buy” rating on the stock in a report on Friday, June 7th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Vail Resorts from $244.00 to $226.00 in a report on Thursday, June 6th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $221.50.

Vail Resorts Price Performance

NYSE MTN opened at $180.00 on Friday. Vail Resorts, Inc. has a fifty-two week low of $165.14 and a fifty-two week high of $254.78. The stock’s 50-day moving average is $178.36 and its two-hundred day moving average is $194.60. The firm has a market cap of $6.77 billion, a P/E ratio of 24.49, a price-to-earnings-growth ratio of 2.35 and a beta of 1.14. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.18 and a quick ratio of 1.08.

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.