Vail Resorts (MTN) : Keane Capital Partners reduced its stake in Vail Resorts by 16.67% during the most recent quarter end. The investment management company now holds a total of 15,000 shares of Vail Resorts which is valued at $2,330,250 after selling 3,000 shares in Vail Resorts , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Vail Resorts makes up approximately 4.20% of Keane Capital Partners’s portfolio.
Other Hedge Funds, Including , Price T Rowe Associates Inc Md boosted its stake in MTN in the latest quarter, The investment management firm added 89,241 additional shares and now holds a total of 3,391,835 shares of Vail Resorts which is valued at $526,921,567. Vail Resorts makes up approx 0.11% of Price T Rowe Associates Inc Md’s portfolio.Ironbridge Capital Management Lp reduced its stake in MTN by selling 2,842 shares or 2.18% in the most recent quarter. The Hedge Fund company now holds 127,243 shares of MTN which is valued at $19,651,409. Vail Resorts makes up approx 0.91% of Ironbridge Capital Management Lp’s portfolio. Laurion Capital Management Lp sold out all of its stake in MTN during the most recent quarter. The investment firm sold 78,100 shares of MTN which is valued $12,061,764.Timpani Capital Management boosted its stake in MTN in the latest quarter, The investment management firm added 87 additional shares and now holds a total of 26,156 shares of Vail Resorts which is valued at $4,039,533. Vail Resorts makes up approx 1.68% of Timpani Capital Management’s portfolio.Clarivest Asset Management reduced its stake in MTN by selling 10,856 shares or 28.43% in the most recent quarter. The Hedge Fund company now holds 27,334 shares of MTN which is valued at $4,342,826. Vail Resorts makes up approx 0.13% of Clarivest Asset Management’s portfolio.
Vail Resorts closed down -1.97 points or -1.25% at $155.81 with 4,72,271 shares getting traded on Monday. Post opening the session at $157.35, the shares hit an intraday low of $155.72 and an intraday high of $157.35 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Vail Resorts reported $-1.80 EPS for the quarter, missing the analyst consensus estimate by $ -0.15 based on the information available during the earnings call on Sep 26, 2016. Analyst had a consensus of $-1.65. The company had revenue of $179.90 million for the quarter, compared to analysts expectations of $171.02 million. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-1.92 EPS.
Many Wall Street Analysts have commented on Vail Resorts. Vail Resorts was Upgraded by Wells Fargo to ” Outperform” on Oct 20, 2016.
Vail Resorts Inc. is a holding company. The Company operates through three segments: 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) a Colorado resort ground transportation company and mountain resort golf courses. The Company’s Real Estate segment owns and develops real estate in and around its resort communities.