Vail Resorts (MTN) Share Value Rose While Verition Fund Management Trimmed Its Holding; As General Dynamics (GD) Share Value Declined, Longview Asset Management Cut Its Stake by $141.56 Million

August 12, 2018 - By Carolyn Hewitt

Vail Resorts, Inc. (NYSE:MTN) Logo

Verition Fund Management Llc decreased its stake in Vail Resorts Inc (MTN) by 60.43% based on its latest 2018Q1 regulatory filing with the SEC. Verition Fund Management Llc sold 3,379 shares as the company’s stock rose 13.82% while stock markets declined. The hedge fund held 2,213 shares of the consumer services company at the end of 2018Q1, valued at $491,000, down from 5,592 at the end of the previous reported quarter. Verition Fund Management Llc who had been investing in Vail Resorts Inc for a number of months, seems to be less bullish one the $11.63B market cap company. The stock increased 0.07% or $0.2 during the last trading session, reaching $287.97. About 133,536 shares traded. Vail Resorts, Inc. (NYSE:MTN) has risen 17.21% since August 12, 2017 and is uptrending. It has outperformed by 4.64% the S&P500. Some Historical MTN News: 20/04/2018 – S&PGR Raises Rtg To ‘A+’ On Vail Vy Med Ctr, CO Rev Bnds; 12/03/2018 – Stitch Fix to Add Chief Marketing Officer of Vail Resorts, Inc., Kirsten Lynch, to Board of Directors; 09/04/2018 – Is the Vail Corporate Machine Killing the Spirit of Whistler?; 19/04/2018 – Vail Resorts Season-to-date Ski School Rev Was Up 3.4%; 19/04/2018 – Vail Resorts Season-to-date Dining Rev Was Down 1.4%; 08/03/2018 – VAIL RESORTS INC MTN.N : BARCLAYS RAISES TARGET PRICE TO $250 FROM $247; 08/03/2018 – VAIL RESORTS INC QTRLY SHR $5.67; 08/03/2018 – Vail Resorts 2Q Net $235.7M; 15/05/2018 – Scopus Asset Management LLC Exits Position in Vail Resorts; 14/03/2018 – Crested Butte Mountain Resort, Okemo Mountain Resort and Mount Sunapee Resort Join the Epic Pass

Longview Asset Management Llc decreased its stake in General Dynamics Corp (GD) by 1.93% based on its latest 2018Q1 regulatory filing with the SEC. Longview Asset Management Llc sold 643,437 shares as the company’s stock declined 8.23% with the market. The hedge fund held 32.68M shares of the marine transportation company at the end of 2018Q1, valued at $7.22B, down from 33.32M at the end of the previous reported quarter. Longview Asset Management Llc who had been investing in General Dynamics Corp for a number of months, seems to be less bullish one the $66.18 billion market cap company. The stock decreased 1.74% or $3.94 during the last trading session, reaching $222.02. About 2.91 million shares traded or 77.41% up from the average. General Dynamics Corporation (NYSE:GD) has risen 3.50% since August 12, 2017 and is uptrending. It has underperformed by 9.07% the S&P500. Some Historical GD News: 25/04/2018 – GENERAL DYNAMICS CORP SAYS CSRA ACQUISITION WILL BE SLIGHTLY ACCRETIVE TO GAAP EPS IN THIRD QUARTER; 29/05/2018 – Gulfstream Selects TAG Farnborough Airport For Site Of New London-Area Service Center; 18/03/2018 – General Dynamics to Proceed With All Cash Offer to Acquire CSRA; 29/05/2018 – Gulfstream lnteriors And Seats Earn Design Awards; 25/04/2018 – GENERAL DYNAMICS CORP CEO SAYS U.S. CORPORATE TAX REFORM HAS HELPED DEMAND FOR BUSINESS JETS; 25/04/2018 – GENERAL DYNAMICS SAYS G500 DELIVERIES ON TRACK FOR THIS YEAR; 17/04/2018 – INSIGHT-Arming the world: Inside Trump’s “Buy American” drive to expand weapons exports; 18/03/2018 – CACI seeks to break up General Dynamics’ acquisition of CSRA; 20/03/2018 – GENERAL DYNAMICS SAYS 364-DAY CREDIT AGREEMENT PROVIDES CO WITH A SYNDICATED $7.5 BLN, 364-DAY REVOLVING CREDIT FACILITY – SEC FILING; 18/04/2018 – GENERAL DYNAMICS SAYS CONTRACT HAS POTENTIAL VALUE OF $300M

Since February 14, 2018, it had 0 insider buys, and 8 insider sales for $8.28 million activity. The insider Roualet Mark C. sold 3,585 shares worth $814,050. The insider Whited Gary L sold $1.34 million. $899,843 worth of General Dynamics Corporation (NYSE:GD) shares were sold by Johnson S. Daniel. $1.15M worth of stock was sold by LYLES LESTER L on Friday, February 23. On Wednesday, February 14 the insider KEANE JOHN M sold $389,574.

Among 22 analysts covering General Dynamics Corporation (NYSE:GD), 14 have Buy rating, 2 Sell and 6 Hold. Therefore 64% are positive. General Dynamics Corporation had 81 analyst reports since July 31, 2015 according to SRatingsIntel. Goldman Sachs maintained the stock with “Neutral” rating in Monday, May 2 report. The company was downgraded on Wednesday, May 10 by Bernstein. The company was downgraded on Thursday, March 24 by Deutsche Bank. Jefferies maintained General Dynamics Corporation (NYSE:GD) on Monday, January 8 with “Buy” rating. Jefferies maintained it with “Buy” rating and $22000 target in Friday, August 11 report. The company was maintained on Thursday, October 19 by Cowen & Co. Credit Suisse maintained it with “Outperform” rating and $259 target in Thursday, January 25 report. The stock of General Dynamics Corporation (NYSE:GD) has “Hold” rating given on Monday, December 5 by Deutsche Bank. On Thursday, April 27 the stock rating was maintained by RBC Capital Markets with “Outperform”. As per Tuesday, September 12, the company rating was maintained by Jefferies.

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.19, from 1.07 in 2017Q4. It is negative, as 52 investors sold GD shares while 361 reduced holdings. 100 funds opened positions while 263 raised stakes. 230.81 million shares or 0.50% more from 229.66 million shares in 2017Q4 were reported. Girard Ptnrs Ltd reported 2,240 shares stake. Riverhead Cap Ltd Limited Liability Company has 12,055 shares. 2,039 are owned by Usca Ria Ltd Llc. Price T Rowe Assoc Inc Md accumulated 733,228 shares. Fisher Asset Mgmt Limited Co accumulated 14,412 shares. Legal And General Grp Pcl holds 1.12 million shares or 0.19% of its portfolio. Union Fincl Bank owns 1,339 shares. Cadinha & Limited Liability Co has 67,613 shares. Menora Mivtachim Ltd holds 184,995 shares. Laurel Grove Cap Lc accumulated 1.04% or 8,790 shares. Bkd Wealth Advisors Ltd Liability Company holds 0.05% or 2,244 shares. The Florida-based Raymond James has invested 0.1% in General Dynamics Corporation (NYSE:GD). Geode Management Ltd Llc stated it has 3.19M shares or 0.23% of all its holdings. Kistler owns 425 shares or 0.04% of their US portfolio. Badgley Phelps And Bell stated it has 0.68% of its portfolio in General Dynamics Corporation (NYSE:GD).

More notable recent General Dynamics Corporation (NYSE:GD) news were published by: Seekingalpha.com which released: “General Dynamics: Naval And Military IT Dominance” on August 07, 2018, also Bizjournals.com with their article: “General Dynamics appoints new head of information technology and mission systems business” published on August 08, 2018, Benzinga.com published: “General Dynamics Q2 Earnings Outlook” on July 24, 2018. More interesting news about General Dynamics Corporation (NYSE:GD) were released by: Fool.com and their article: “Was General Dynamics’ Move Back Into IT a Huge Mistake?” published on August 03, 2018 as well as Fool.com‘s news article titled: “Better Buy: General Dynamics Corporation vs. Northrop Grumman” with publication date: July 16, 2018.

Analysts await General Dynamics Corporation (NYSE:GD) to report earnings on October, 24. They expect $2.73 earnings per share, up 8.33% or $0.21 from last year’s $2.52 per share. GD’s profit will be $813.75 million for 20.33 P/E if the $2.73 EPS becomes a reality. After $2.82 actual earnings per share reported by General Dynamics Corporation for the previous quarter, Wall Street now forecasts -3.19% negative EPS growth.

Since March 12, 2018, it had 0 insider buys, and 6 insider sales for $16.58 million activity. On Monday, March 12 Siurek Ryan H sold $71,243 worth of Vail Resorts, Inc. (NYSE:MTN) or 322 shares. Barkin Michael Z also sold $599,502 worth of Vail Resorts, Inc. (NYSE:MTN) on Monday, March 12. 45,200 shares valued at $12.32 million were sold by KATZ ROBERT A on Friday, June 8. $2.44 million worth of Vail Resorts, Inc. (NYSE:MTN) was sold by Campbell Patricia A on Monday, June 11.

Investors sentiment decreased to 0.94 in Q1 2018. Its down 0.81, from 1.75 in 2017Q4. It worsened, as 49 investors sold MTN shares while 115 reduced holdings. 56 funds opened positions while 98 raised stakes. 36.98 million shares or 3.08% more from 35.87 million shares in 2017Q4 were reported. Williams Jones And Associates Ltd Liability Com reported 0.08% of its portfolio in Vail Resorts, Inc. (NYSE:MTN). Parallax Volatility Advisers LP has 0% invested in Vail Resorts, Inc. (NYSE:MTN) for 377 shares. Dimensional Fund Advsrs Lp reported 210,785 shares. Pennsylvania, a Pennsylvania-based fund reported 11,166 shares. Segall Bryant And Hamill Ltd stated it has 1,527 shares. Yorktown Management & Rech holds 0.08% or 1,200 shares. Thrivent Finance For Lutherans holds 43,942 shares. First Republic Invest Inc holds 4,264 shares. Scout Investments has 63,624 shares. 32,433 were accumulated by Sei. Hawaii-based C M Bidwell And Associate Ltd has invested 0.26% in Vail Resorts, Inc. (NYSE:MTN). Westpac Corporation accumulated 3,266 shares. Fmr Limited Liability reported 1.16 million shares. Mitsubishi Ufj Tru & Corp stated it has 0.06% of its portfolio in Vail Resorts, Inc. (NYSE:MTN). Prudential Finance owns 2,290 shares.

Analysts await Vail Resorts, Inc. (NYSE:MTN) to report earnings on September, 27. They expect $-2.31 earnings per share, down 61.54% or $0.88 from last year’s $-1.43 per share. After $6.17 actual earnings per share reported by Vail Resorts, Inc. for the previous quarter, Wall Street now forecasts -137.44% negative EPS growth.

Verition Fund Management Llc, which manages about $1.22B and $1.34B US Long portfolio, upped its stake in Timken Co (NYSE:TKR) by 10,555 shares to 17,445 shares, valued at $795,000 in 2018Q1, according to the filing. It also increased its holding in Performance Food Group Co by 14,966 shares in the quarter, for a total of 22,668 shares, and has risen its stake in Express Scripts Hldg Co (Call) (NASDAQ:ESRX).

Vail Resorts, Inc. (NYSE:MTN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts