The stock of Vail Resorts, Inc. (NYSE:MTN) is a huge mover today! The stock last traded at $156.13 per share. It is down 21.52% since March 3, 2016 and is uptrending. It has outperformed by 13.18% the S&P500.
The move comes after 5 months positive chart setup for the $5.63 billion company. It was reported on Oct, 6 by Barchart.com. We have $218.58 PT which if reached, will make NYSE:MTN worth $2.25 billion more.
Vail Resorts, Inc. (NYSE:MTN) Ratings Coverage
Out of 11 analysts covering Vail Resorts Inc. (NYSE:MTN), 10 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 91% are positive. Vail Resorts Inc. has been the topic of 20 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating given on Friday, March 11 by Barclays Capital. The stock of Vail Resorts, Inc. (NYSE:MTN) has “Overweight” rating given on Friday, October 2 by Barclays Capital. The stock of Vail Resorts, Inc. (NYSE:MTN) earned “Overweight” rating by KeyBanc Capital Markets on Tuesday, August 23. The stock of Vail Resorts, Inc. (NYSE:MTN) has “Outperform” rating given on Tuesday, March 8 by Credit Suisse. Stephens maintained the shares of MTN in a report on Thursday, March 17 with “Overweight” rating. The firm has “Buy” rating by M Partners given on Friday, June 10. JMP Securities maintained the stock with “Outperform” rating in Friday, October 2 report. The rating was maintained by Bank of America with “Buy” on Tuesday, December 8. The company was initiated on Monday, July 27 by Macquarie Research. The stock of Vail Resorts, Inc. (NYSE:MTN) has “Outperform” rating given on Friday, March 11 by Macquarie Research.
According to Zacks Investment Research, “Vail Resorts, Inc. is one of the leading resort operators in North America. The company’s operations are grouped into two segments, Resort and Real Estate. In the company’s Resort segment, they own and operate resort properties which provide a comprehensive resort experience throughout the year to a diverse clientele with an attractive demographic profile. The company’s Real Estate segment develops, buys and sells real estate in and around the their resort communities.”
Insitutional Activity: The institutional sentiment decreased to 1.21 in Q2 2016. Its down 0.02, from 1.23 in 2016Q1. The ratio dived, as 24 funds sold all Vail Resorts, Inc. shares owned while 85 reduced positions. 51 funds bought stakes while 81 increased positions. They now own 34.58 million shares or 2.75% less from 35.56 million shares in 2016Q1.
Morgan Stanley holds 244,770 shares or 0.01% of its portfolio. Us Bancorp De has 0% invested in the company for 1,076 shares. State Of Wisconsin Investment Board holds 0.01% or 24,240 shares in its portfolio. Neuberger Berman Gru Llc accumulated 91,500 shares or 0.02% of the stock. Amer Interest, a New York-based fund reported 887 shares. Moreover, Pnc Fin Service Grp has 0% invested in Vail Resorts, Inc. (NYSE:MTN) for 17,313 shares. Sii Invests Inc Wi last reported 1,530 shares in the company. The Missouri-based Scout Incorporated has invested 0.6% in Vail Resorts, Inc. (NYSE:MTN). The New York-based Goldman Sachs Grp has invested 0.03% in Vail Resorts, Inc. (NYSE:MTN). Franklin Resources owns 94,500 shares or 0.01% of their US portfolio. Syntal Prtnrs Ltd Co holds 1,625 shares or 0.26% of its portfolio. Price T Rowe Assoc Inc Md holds 0.1% or 3.30M shares in its portfolio. Royal Bank & Trust Of Canada holds 0.02% or 208,676 shares in its portfolio. Rs Invest Management Lc, a California-based fund reported 135,478 shares. Dana Investment Inc last reported 17,219 shares in the company.
Insider Transactions: Since September 28, 2016, the stock had 0 insider buys, and 1 sale for $731,043 net activity. SORTE JOHN F had sold 4,688 shares worth $731,043 on Wednesday, September 28.
More notable recent Vail Resorts, Inc. (NYSE:MTN) news were published by: Prnewswire.com which released: “Whistler Blackcomb Shareholders Approve Strategic Combination with Vail Resorts” on October 06, 2016, also Wsj.com with their article: “Vail Resorts to Buy Whistler Blackcomb” published on August 08, 2016, Marketwatch.com published: “Vail Resorts to acquire Whistler Blackcomb in C$1.39 billion deal” on August 08, 2016. More interesting news about Vail Resorts, Inc. (NYSE:MTN) were released by: Seekingalpha.com and their article: “Vail Resorts: An Exception In The Consumer Discretionary Space” published on October 03, 2016 as well as Fool.com‘s news article titled: “Vail Resorts Inc. Appears on Its Way to Smoother (and Greater) Profits” with publication date: March 27, 2016.
MTN Company Profile
Vail Resorts, Inc., incorporated on October 15, 1985, is a holding company. The Firm operates through three divisions: 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. The Company’s Lodging segment owns and/or manages a collection of luxury hotels under RockResorts brand, as well as other lodging properties, and a range of condominiums located in proximity to its mountain resorts, certain National Park Service (NPS) concessionaire properties, including Grand Teton Lodge Company (GTLC), which operates destination resorts at Grand Teton National Park, Colorado Mountain Express (CME) and mountain resort golf courses. The Company’s Real Estate segment owns and develops real estate in and around its resort communities.
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