State of Wisconsin Investment Board reduced its position in Vail Resorts Inc. (NYSE:MTN) by 1.7% during the third quarter, Holdings Channel reports. The firm owned 23,840 shares of the company’s stock after selling 400 shares during the period. State of Wisconsin Investment Board’s holdings in Vail Resorts were worth $3,740,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in MTN. Virginia Retirement Systems ET AL raised its stake in shares of Vail Resorts by 8.7% in the third quarter. Virginia Retirement Systems ET AL now owns 2,500 shares of the company’s stock worth $392,000 after buying an additional 200 shares in the last quarter. BRC Investment Management LLC acquired a new stake in shares of Vail Resorts during the third quarter worth $771,000. Capital Fund Management S.A. raised its stake in shares of Vail Resorts by 371.8% in the third quarter. Capital Fund Management S.A. now owns 58,497 shares of the company’s stock worth $9,177,000 after buying an additional 46,097 shares in the last quarter. World Asset Management Inc acquired a new stake in shares of Vail Resorts during the third quarter worth $225,000. Finally, Chicago Equity Partners LLC acquired a new stake in shares of Vail Resorts during the third quarter worth $562,000.

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

Vail Resorts Inc. (NYSE:MTN) traded down 1.14% on Tuesday, hitting $162.01. The stock had a trading volume of 541,897 shares. Vail Resorts Inc. has a 52-week low of $114.87 and a 52-week high of $166.03. The company has a 50-day moving average price of $157.22 and a 200 day moving average price of $149.12. The firm has a market cap of $5.86 billion, a PE ratio of 40.40 and a beta of 0.48.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Monday, September 26th. The company reported ($1.80) earnings per share for the quarter, missing the consensus estimate of ($1.67) by $0.13. Vail Resorts had a return on equity of 17.22% and a net margin of 9.35%. The business earned $179.88 million during the quarter. During the same quarter last year, the firm posted ($1.92) EPS. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. Equities analysts forecast that Vail Resorts Inc. will post $5.25 earnings per share for the current fiscal year.

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A number of equities research analysts have recently weighed in on the company. Zacks Investment Research upgraded Vail Resorts from a “hold” rating to a “buy” rating and set a $180.00 price objective on the stock in a research report on Wednesday, August 24th. MKM Partners set a $180.00 price objective on Vail Resorts and gave the stock a “buy” rating in a research report on Tuesday, September 20th. Credit Suisse Group AG set a $153.00 price objective on Vail Resorts and gave the stock a “buy” rating in a research report on Monday, September 12th. KeyCorp lifted their price target on Vail Resorts from $150.00 to $175.00 and gave the company an “overweight” rating in a research report on Tuesday, August 23rd. Finally, Janney Montgomery Scott restated a “buy” rating and set a $170.00 price target (up from $153.00) on shares of Vail Resorts in a research report on Wednesday, August 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $155.09.

In related news, insider Patricia A. Campbell sold 291 shares of the stock in a transaction that occurred on Thursday, October 6th. The stock was sold at an average price of $157.09, for a total value of $45,713.19. Following the transaction, the insider now owns 19,593 shares of the company’s stock, valued at $3,077,864.37. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director John F. Sorte sold 4,688 shares of the stock in a transaction that occurred on Wednesday, September 28th. The stock was sold at an average price of $155.94, for a total value of $731,046.72. Following the completion of the transaction, the director now directly owns 63,147 shares in the company, valued at approximately $9,847,143.18. The disclosure for this sale can be found here. 4.60% of the stock is owned by insiders.

Vail Resorts Company Profile

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

5 Day Chart for NYSE:MTN

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