Nationwide Fund Advisors reduced its stake in Vail Resorts, Inc. (NYSE:MTN) by 1.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,000 shares of the company’s stock after selling 1,185 shares during the period. Nationwide Fund Advisors owned approximately 0.21% of Vail Resorts worth $16,835,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Vail Resorts by 40.4% in the 1st quarter. JPMorgan Chase & Co. now owns 441,645 shares of the company’s stock worth $84,751,000 after acquiring an additional 126,977 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Vail Resorts by 127.4% in the 1st quarter. Morgan Stanley now owns 108,825 shares of the company’s stock worth $20,884,000 after acquiring an additional 60,960 shares in the last quarter. Capstone Asset Management Co. boosted its holdings in shares of Vail Resorts by 375.5% in the 2nd quarter. Capstone Asset Management Co. now owns 6,994 shares of the company’s stock worth $1,419,000 after acquiring an additional 5,523 shares in the last quarter. Credit Suisse AG boosted its holdings in shares of Vail Resorts by 1.8% in the 1st quarter. Credit Suisse AG now owns 117,415 shares of the company’s stock worth $22,532,000 after acquiring an additional 2,063 shares in the last quarter. Finally, Covington Capital Management boosted its holdings in shares of Vail Resorts by 10.9% in the 1st quarter. Covington Capital Management now owns 5,598 shares of the company’s stock worth $1,074,000 after acquiring an additional 550 shares in the last quarter. Institutional investors own 96.49% of the company’s stock.

Several research analysts have recently commented on the company. BidaskClub downgraded Vail Resorts from a “strong-buy” rating to a “buy” rating in a report on Friday, June 30th. Bank of America Corporation reissued a “buy” rating and issued a $228.00 target price (up from $205.00) on shares of Vail Resorts in a report on Friday, June 9th. Stifel Nicolaus reissued a “buy” rating and issued a $229.00 target price (up from $205.00) on shares of Vail Resorts in a report on Sunday, June 11th. William Blair assumed coverage on Vail Resorts in a report on Friday, July 21st. They issued an “outperform” rating on the stock. Finally, Janney Montgomery Scott boosted their target price on Vail Resorts from $220.00 to $245.00 and gave the stock a “buy” rating in a report on Monday, June 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $227.75.

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Vail Resorts, Inc. (NYSE:MTN) opened at 228.98 on Thursday. The firm’s 50-day moving average price is $221.38 and its 200 day moving average price is $205.07. Vail Resorts, Inc. has a 12-month low of $151.60 and a 12-month high of $232.38. The firm has a market cap of $9.18 billion, a P/E ratio of 44.57 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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