TD Private Client Wealth LLC Decreases Stake in Vail Resorts, Inc. $MTN

TD Private Client Wealth LLC decreased its stake in Vail Resorts, Inc. (NYSE:MTN) by 13.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,447 shares of the company’s stock after selling 229 shares during the quarter. TD Private Client Wealth LLC’s holdings in Vail Resorts were worth $227,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. State of Michigan Retirement System increased its position in Vail Resorts by 1.1% in the first quarter. State of Michigan Retirement System now owns 9,000 shares of the company’s stock worth $1,440,000 after buying an additional 100 shares in the last quarter. Louisiana State Employees Retirement System grew its position in shares of Vail Resorts by 1.0% during the first quarter. Louisiana State Employees Retirement System now owns 10,500 shares of the company’s stock worth $1,680,000 after purchasing an additional 100 shares in the last quarter. Aurora Investment Managers LLC. grew its holdings in Vail Resorts by 1.1% during the 1st quarter. Aurora Investment Managers LLC. now owns 9,513 shares of the company’s stock valued at $1,522,000 after buying an additional 104 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in Vail Resorts by 2.6% during the 1st quarter. State of Alaska Department of Revenue now owns 4,385 shares of the company’s stock valued at $701,000 after buying an additional 110 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in Vail Resorts by 75.3% during the 1st quarter. GAMMA Investing LLC now owns 270 shares of the company’s stock valued at $43,000 after buying an additional 116 shares in the last quarter. Hedge funds and other institutional investors own 94.90% of the company’s stock.

Vail Resorts Stock Up 0.7%

Vail Resorts stock opened at $147.88 on Monday. Vail Resorts, Inc. has a fifty-two week low of $129.85 and a fifty-two week high of $199.45. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.54 and a current ratio of 0.61. The company has a market cap of $5.49 billion, a PE ratio of 18.91, a PEG ratio of 1.94 and a beta of 0.87. The business’s 50-day simple moving average is $153.68 and its two-hundred day simple moving average is $152.68.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MTN shares. Morgan Stanley reaffirmed a “cautious” rating on shares of Vail Resorts in a research note on Friday. Mizuho raised their price target on Vail Resorts from $215.00 to $216.00 and gave the stock an “outperform” rating in a research note on Friday, June 6th. Deutsche Bank Aktiengesellschaft decreased their price target on Vail Resorts from $170.00 to $165.00 and set a “hold” rating for the company in a research note on Wednesday, September 17th. UBS Group decreased their price target on Vail Resorts from $185.00 to $169.00 and set a “neutral” rating for the company in a research note on Wednesday, June 11th. Finally, Truist Financial decreased their target price on Vail Resorts from $247.00 to $244.00 and set a “buy” rating for the company in a research report on Friday, June 6th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $184.50.

Vail Resorts 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.