Riverhead Capital Management LLC raised its holdings in Vail Resorts, Inc. (NYSE:MTN) by 167.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,280 shares of the company’s stock after buying an additional 2,680 shares during the quarter. Riverhead Capital Management LLC’s holdings in Vail Resorts were worth $868,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MTN. Commonwealth Bank of Australia grew its position in shares of Vail Resorts by 284.5% in the 2nd quarter. Commonwealth Bank of Australia now owns 496 shares of the company’s stock worth $100,000 after buying an additional 367 shares during the last quarter. Strs Ohio bought a new stake in shares of Vail Resorts in the 2nd quarter worth approximately $105,000. SG Americas Securities LLC bought a new stake in shares of Vail Resorts in the 2nd quarter worth approximately $117,000. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Vail Resorts in the 2nd quarter worth approximately $162,000. Finally, Vident Investment Advisory LLC bought a new stake in shares of Vail Resorts in the 1st quarter worth approximately $211,000. Hedge funds and other institutional investors own 96.49% of the company’s stock.

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A number of equities research analysts have recently weighed in on MTN shares. Zacks Investment Research lowered Vail Resorts from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. Wells Fargo & Company restated an “outperform” rating and set a $233.00 price target (up from $207.50) on shares of Vail Resorts in a research report on Sunday, June 11th. Stifel Nicolaus restated a “hold” rating and set a $229.00 price target on shares of Vail Resorts in a research report on Thursday, September 7th. KeyCorp restated an “overweight” rating and set a $250.00 price target on shares of Vail Resorts in a research report on Wednesday, August 30th. Finally, Barclays PLC restated an “overweight” rating and set a $226.00 price target on shares of Vail Resorts in a research report on Sunday, June 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $227.75.

Vail Resorts, Inc. (NYSE MTN) opened at 227.04 on Monday. The stock has a 50 day moving average price of $220.36 and a 200 day moving average price of $204.09. Vail Resorts, Inc. has a 1-year low of $151.60 and a 1-year high of $232.38. The stock has a market cap of $9.10 billion, a PE ratio of 44.19 and a beta of 0.53.

Vail Resorts Company Profile

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.

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

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