Rational Advisors LLC Purchases Shares of 13,000 Intrawest Resorts Holdings Inc (SNOW)

Rational Advisors LLC purchased a new stake in shares of Intrawest Resorts Holdings Inc (NYSE:SNOW) during the first quarter, according to its most recent filing with the SEC. The fund purchased 13,000 shares of the company’s stock, valued at approximately $325,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Renaissance Technologies LLC raised its stake in Intrawest Resorts Holdings by 6.1% in the fourth quarter. Renaissance Technologies LLC now owns 1,445,269 shares of the company’s stock worth $25,798,000 after buying an additional 83,100 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Intrawest Resorts Holdings by 6.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 672,115 shares of the company’s stock worth $11,998,000 after buying an additional 41,222 shares during the period. State Street Corp raised its stake in shares of Intrawest Resorts Holdings by 3.1% in the fourth quarter. State Street Corp now owns 323,725 shares of the company’s stock worth $5,781,000 after buying an additional 9,624 shares during the period. Mutual of America Capital Management LLC raised its stake in shares of Intrawest Resorts Holdings by 0.4% in the first quarter. Mutual of America Capital Management LLC now owns 258,040 shares of the company’s stock worth $6,454,000 after buying an additional 1,132 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of Intrawest Resorts Holdings by 62.0% in the first quarter. Wells Fargo & Company MN now owns 128,914 shares of the company’s stock worth $3,224,000 after buying an additional 49,333 shares during the period. Hedge funds and other institutional investors own 95.06% of the company’s stock.

Institutional Ownership by Quarter for Intrawest Resorts Holdings (NYSE:SNOW)

Shares of Intrawest Resorts Holdings Inc (NYSE:SNOW) traded down 0.08% during mid-day trading on Friday, hitting $23.51. 588,296 shares of the company were exchanged. Intrawest Resorts Holdings Inc has a 12-month low of $9.74 and a 12-month high of $25.78. The stock’s 50-day moving average price is $23.86 and its 200 day moving average price is $21.09. The stock has a market cap of $936.22 million, a PE ratio of 28.02 and a beta of 1.03.

Intrawest Resorts Holdings (NYSE:SNOW) last issued its earnings results on Thursday, May 4th. The company reported $3.80 EPS for the quarter, beating analysts’ consensus estimates of $3.74 by $0.06. The business had revenue of $334.89 million during the quarter, compared to analyst estimates of $321.24 million. Intrawest Resorts Holdings had a return on equity of 21.12% and a net margin of 8.95%. Intrawest Resorts Holdings’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the company posted $4.08 earnings per share. On average, equities analysts anticipate that Intrawest Resorts Holdings Inc will post $0.94 EPS for the current fiscal year.

WARNING: “Rational Advisors LLC Purchases Shares of 13,000 Intrawest Resorts Holdings Inc (SNOW)” was first posted by Transcript Daily and is owned by of Transcript Daily. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://transcriptdaily.com/2017/05/20/rational-advisors-llc-purchases-shares-of-13000-intrawest-resorts-holdings-inc-snow.html.

SNOW has been the subject of a number of research analyst reports. TheStreet upgraded shares of Intrawest Resorts Holdings from a “c+” rating to a “b” rating in a research note on Friday, February 3rd. Zacks Investment Research lowered shares of Intrawest Resorts Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, April 5th. Finally, Macquarie lowered shares of Intrawest Resorts Holdings from an “outperform” rating to a “neutral” rating in a research note on Monday, April 10th.

About Intrawest Resorts Holdings

Intrawest Resorts Holdings, Inc is a mountain resort, adventure and real estate company. The Company operates through three segments: Mountain, Adventure and Real Estate. Its Mountain segment includes its mountain resort and lodging operations at Steamboat Ski & Resort (Steamboat) and Winter Park Resort (Winter Park); Stratton Mountain Resort (Stratton); Snowshoe Mountain Resort (Snowshoe); Mont Tremblant Resort (Tremblant), and Blue Mountain Ski Resort (Blue Mountain).

12 Month Chart for NYSE:SNOW

Receive News & Ratings for Intrawest Resorts Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intrawest Resorts Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply