Mutual of America Capital Management LLC Sells 882 Shares of Vail Resorts, Inc. (NYSE:MTN)

Mutual of America Capital Management LLC lowered its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 3.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,740 shares of the company’s stock after selling 882 shares during the period. Mutual of America Capital Management LLC owned 0.06% of Vail Resorts worth $3,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. GAMMA Investing LLC increased its position in Vail Resorts by 27.9% in the first quarter. GAMMA Investing LLC now owns 257 shares of the company’s stock worth $57,000 after purchasing an additional 56 shares during the last quarter. Park Avenue Securities LLC increased its position in Vail Resorts by 2.1% in the first quarter. Park Avenue Securities LLC now owns 2,997 shares of the company’s stock worth $668,000 after purchasing an additional 62 shares during the last quarter. Fairbanks Capital Management Inc. increased its position in Vail Resorts by 2.5% in the second quarter. Fairbanks Capital Management Inc. now owns 2,563 shares of the company’s stock worth $462,000 after purchasing an additional 63 shares during the last quarter. Artemis Investment Management LLP increased its position in Vail Resorts by 4.6% in the second quarter. Artemis Investment Management LLP now owns 1,700 shares of the company’s stock worth $306,000 after purchasing an additional 75 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its position in Vail Resorts by 8.5% in the first quarter. Advisors Asset Management Inc. now owns 993 shares of the company’s stock worth $221,000 after purchasing an additional 78 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Barclays dropped their price objective on shares of Vail Resorts from $201.00 to $161.00 and set an “underweight” rating for the company in a research note on Friday, June 7th. Stifel Nicolaus reaffirmed a “buy” rating and set a $223.00 price objective (down from $259.00) on shares of Vail Resorts in a research note on Thursday. Morgan Stanley dropped their price objective on shares of Vail Resorts from $229.00 to $179.00 and set an “equal weight” rating for the company in a research note on Friday, June 7th. JPMorgan Chase & Co. lowered shares of Vail Resorts from a “neutral” rating to an “underweight” rating and dropped their price objective for the stock from $217.00 to $176.00 in a research note on Friday, June 7th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Vail Resorts from $218.00 to $194.00 and set a “hold” rating for the company in a research note on Monday, September 16th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $213.00.

Vail Resorts Stock Down 1.1 %

Shares of MTN opened at $185.00 on Monday. The firm has a market capitalization of $6.96 billion, a P/E ratio of 25.17, a P/E/G ratio of 2.38 and a beta of 1.14. Vail Resorts, Inc. has a 12-month low of $165.14 and a 12-month high of $250.31. The company has a current ratio of 1.18, a quick ratio of 1.08 and a debt-to-equity ratio of 2.04. The firm has a fifty day moving average price of $179.10 and a 200-day moving average price of $192.89.

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.