Bluestein R H & Co. Takes Position in Vail Resorts, Inc. (MTN)

Bluestein R H & Co. purchased a new stake in shares of Vail Resorts, Inc. (NYSE:MTN) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,650 shares of the company’s stock, valued at approximately $335,000.

A number of other hedge funds and other institutional investors have also modified their holdings of MTN. BlackRock Inc. grew its position in Vail Resorts by 2,861.3% during the first quarter. BlackRock Inc. now owns 1,767,451 shares of the company’s stock valued at $339,173,000 after acquiring an additional 1,707,766 shares during the last quarter. Valinor Management L.P. bought a new position in Vail Resorts during the first quarter valued at approximately $64,748,000. Vanguard Group Inc. grew its position in Vail Resorts by 12.4% during the first quarter. Vanguard Group Inc. now owns 3,049,283 shares of the company’s stock valued at $585,157,000 after acquiring an additional 337,282 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its position in Vail Resorts by 15,556.3% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 255,197 shares of the company’s stock valued at $51,762,000 after acquiring an additional 253,567 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in Vail Resorts by 2,709.3% during the first quarter. Massachusetts Financial Services Co. MA now owns 166,424 shares of the company’s stock valued at $31,937,000 after acquiring an additional 160,500 shares during the last quarter. Institutional investors and hedge funds own 96.49% of the company’s stock.

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A number of brokerages have commented on MTN. Zacks Investment Research cut shares of Vail Resorts from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. Barclays PLC reiterated an “overweight” rating and set a $226.00 price target on shares of Vail Resorts in a research report on Sunday, June 11th. Stifel Nicolaus reiterated a “buy” rating and set a $229.00 price target (up from $205.00) on shares of Vail Resorts in a research report on Sunday, June 11th. BidaskClub upgraded shares of Vail Resorts from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. Finally, Wells Fargo & Company reiterated an “outperform” rating and set a $233.00 price target (up from $207.50) on shares of Vail Resorts in a research report on Sunday, June 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $227.75.

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.

Institutional Ownership by Quarter for Vail Resorts (NYSE:MTN)

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