DekaBank Deutsche Girozentrale Sells 5,522 Shares of Vail Resorts, Inc. (NYSE:MTN)

DekaBank Deutsche Girozentrale trimmed its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 86.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 848 shares of the company’s stock after selling 5,522 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Vail Resorts were worth $150,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. GAMMA Investing LLC raised its holdings in Vail Resorts by 27.9% during the first quarter. GAMMA Investing LLC now owns 257 shares of the company’s stock valued at $57,000 after acquiring an additional 56 shares during the period. Park Avenue Securities LLC lifted its holdings in Vail Resorts by 2.1% in the 1st quarter. Park Avenue Securities LLC now owns 2,997 shares of the company’s stock worth $668,000 after purchasing an additional 62 shares in the last quarter. Fairbanks Capital Management Inc. boosted its stake in Vail Resorts by 2.5% in the 2nd quarter. Fairbanks Capital Management Inc. now owns 2,563 shares of the company’s stock worth $462,000 after purchasing an additional 63 shares during the period. Artemis Investment Management LLP grew its holdings in Vail Resorts by 4.6% during the 2nd quarter. Artemis Investment Management LLP now owns 1,700 shares of the company’s stock valued at $306,000 after buying an additional 75 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its position in shares of Vail Resorts by 8.5% during the first quarter. Advisors Asset Management Inc. now owns 993 shares of the company’s stock valued at $221,000 after buying an additional 78 shares during the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on MTN shares. Morgan Stanley cut their target price on shares of Vail Resorts from $229.00 to $179.00 and set an “equal weight” rating for the company in a research note on Friday, June 7th. Deutsche Bank Aktiengesellschaft reduced 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 dropped their price target for the company from $217.00 to $176.00 in a research note on Friday, June 7th. Barclays reduced their price objective 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, Stifel Nicolaus reissued a “buy” rating and issued a $223.00 target price (down from $259.00) on shares of Vail Resorts in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Vail Resorts presently has a consensus rating of “Hold” and an average price target of $213.00.

Vail Resorts Stock Down 1.1 %

Shares of MTN opened at $185.00 on Friday. 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, Inc. has a 52-week low of $165.14 and a 52-week high of $250.31. The company has a market cap of $6.96 billion, a PE ratio of 25.17, a P/E/G ratio of 2.38 and a beta of 1.14. The business has a fifty day moving average of $179.10 and a 200 day moving average of $193.14.

About Vail Resorts

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.