OppenheimerFunds Inc. lowered its stake in Intrawest Resorts Holdings, Inc. (NYSE:SNOW) by 7.2% during the first quarter, Holdings Channel reports. The institutional investor owned 17,967 shares of the company’s stock after selling 1,397 shares during the period. OppenheimerFunds Inc.’s holdings in Intrawest Resorts Holdings were worth $449,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of SNOW. JPMorgan Chase & Co. increased its stake in Intrawest Resorts Holdings by 167.0% in the first quarter. JPMorgan Chase & Co. now owns 336,661 shares of the company’s stock valued at $8,420,000 after buying an additional 210,559 shares in the last quarter. Rational Advisors LLC acquired a new stake in Intrawest Resorts Holdings during the first quarter valued at approximately $325,000. Mutual of America Capital Management LLC increased its stake in Intrawest Resorts Holdings by 0.4% in the first quarter. Mutual of America Capital Management LLC now owns 258,040 shares of the company’s stock valued at $6,454,000 after buying an additional 1,132 shares in the last quarter. Suntrust Banks Inc. acquired a new stake in Intrawest Resorts Holdings during the first quarter valued at approximately $212,000. Finally, Bank of New York Mellon Corp increased its stake in Intrawest Resorts Holdings by 5.8% in the first quarter. Bank of New York Mellon Corp now owns 105,663 shares of the company’s stock valued at $2,643,000 after buying an additional 5,833 shares in the last quarter. Institutional investors and hedge funds own 97.20% of the company’s stock.

Intrawest Resorts Holdings, Inc. (SNOW) opened at 23.73 on Tuesday. The firm has a market cap of $944.98 million, a P/E ratio of 28.28 and a beta of 1.09. Intrawest Resorts Holdings, Inc. has a 12 month low of $13.70 and a 12 month high of $25.78. The stock has a 50 day moving average of $23.61 and a 200-day moving average of $22.45.

Intrawest Resorts Holdings (NYSE:SNOW) last issued its quarterly earnings results on Thursday, May 4th. The company reported $3.80 EPS for the quarter, beating analysts’ consensus estimates of $3.74 by $0.06. The business had revenue of $334.89 million for the quarter, compared to analysts’ expectations of $321.24 million. Intrawest Resorts Holdings had a net margin of 5.64% and a return on equity of 13.38%. The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period last year, the business earned $4.08 earnings per share. Equities research analysts predict that Intrawest Resorts Holdings, Inc. will post $0.94 earnings per share for the current fiscal year.

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Several equities research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Intrawest Resorts Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, April 5th. Macquarie downgraded shares of Intrawest Resorts Holdings from an “outperform” rating to a “neutral” rating in a research report on Monday, April 10th. Finally, BidaskClub downgraded shares of Intrawest Resorts Holdings from a “buy” rating to a “hold” rating in a research report on Sunday.

Intrawest Resorts Holdings Company Profile

Intrawest Resorts Holdings, Inc is a mountain resort, adventure and real estate company. The Company operates through three segments: Mountain, Adventure and Real Estate. Its Mountain segment includes its mountain resort and lodging operations at Steamboat Ski & Resort (Steamboat) and Winter Park Resort (Winter Park); Stratton Mountain Resort (Stratton); Snowshoe Mountain Resort (Snowshoe); Mont Tremblant Resort (Tremblant), and Blue Mountain Ski Resort (Blue Mountain).

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Institutional Ownership by Quarter for Intrawest Resorts Holdings (NYSE:SNOW)

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