Signition LP Takes Position in Vail Resorts, Inc. (MTN)

Signition LP purchased a new stake in Vail Resorts, Inc. (NYSE:MTN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 966 shares of the company’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in MTN. Renaissance Technologies LLC lifted its holdings in shares of Vail Resorts by 2,071.4% during the 2nd quarter. Renaissance Technologies LLC now owns 60,800 shares of the company’s stock valued at $12,332,000 after buying an additional 58,000 shares during the last quarter. HighTower Advisors LLC bought a new position in shares of Vail Resorts in the 2nd quarter valued at approximately $215,000. AHL Partners LLP bought a new position in shares of Vail Resorts in the 2nd quarter valued at approximately $335,000. State Street Corp raised its stake in shares of Vail Resorts by 40.2% in the 2nd quarter. State Street Corp now owns 718,192 shares of the company’s stock valued at $145,687,000 after acquiring an additional 206,079 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of Vail Resorts by 2.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,016 shares of the company’s stock valued at $409,000 after acquiring an additional 41 shares in the last quarter. Hedge funds and other institutional investors own 94.06% of the company’s stock.

In related news, Director Michele Romanow acquired 225 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The stock was acquired at an average price of $221.54 per share, for a total transaction of $49,846.50. Following the completion of the acquisition, the director now owns 1,663 shares of the company’s stock, valued at approximately $368,421.02. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.30% of the company’s stock.

A number of research analysts recently weighed in on MTN shares. Zacks Investment Research downgraded Vail Resorts from a “hold” rating to a “sell” rating in a research note on Monday, December 11th. Deutsche Bank began coverage on Vail Resorts in a research report on Wednesday, December 13th. They issued a “buy” rating and a $265.00 price target on the stock. Bank of America lifted their price target on Vail Resorts from $245.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. MKM Partners decreased their price objective on Vail Resorts to $252.00 and set a “buy” rating on the stock in a report on Tuesday, January 16th. Finally, Stifel Nicolaus lifted their price objective on Vail Resorts from $232.00 to $235.00 and gave the stock a “hold” rating in a report on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $250.67.

Vail Resorts, Inc. (NYSE:MTN) traded down $2.10 during trading on Friday, reaching $209.60. The company’s stock had a trading volume of 413,741 shares, compared to its average volume of 581,695. The firm has a market capitalization of $8,732.36, a price-to-earnings ratio of 35.50 and a beta of 0.49. Vail Resorts, Inc. has a one year low of $179.00 and a one year high of $237.77. The company has a current ratio of 0.56, a quick ratio of 0.41 and a debt-to-equity ratio of 0.78.

Vail Resorts (NYSE:MTN) last released its earnings results on Thursday, December 7th. The company reported ($2.00) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.90) by ($0.10). The firm had revenue of $220.90 million for the quarter, compared to the consensus estimate of $198.95 million. Vail Resorts had a return on equity of 12.28% and a net margin of 12.55%. The company’s revenue was up 23.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($1.70) EPS. equities analysts forecast that Vail Resorts, Inc. will post 6.9 EPS for the current year.

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About Vail Resorts

Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. Its Mountain segment operates over 10 mountain resort properties and approximately three urban ski areas, as well as ancillary services, primarily including, ski school, dining, and retail/rental operations.

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

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