Trexquant Investment LP Acquires Shares of 31,309 Vail Resorts, Inc. (NYSE:MTN)

Trexquant Investment LP acquired a new stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 31,309 shares of the company's stock, valued at approximately $5,869,000. Trexquant Investment LP owned about 0.08% of Vail Resorts as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Vail Resorts by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 3,716,657 shares of the company's stock worth $696,687,000 after purchasing an additional 25,916 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Vail Resorts by 4.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,202,176 shares of the company's stock valued at $225,348,000 after acquiring an additional 47,417 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Vail Resorts by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 649,624 shares of the company's stock valued at $113,252,000 after acquiring an additional 8,422 shares during the period. First Pacific Advisors LP increased its stake in shares of Vail Resorts by 12.4% during the 4th quarter. First Pacific Advisors LP now owns 522,285 shares of the company's stock worth $97,902,000 after purchasing an additional 57,484 shares during the last quarter. Finally, River Road Asset Management LLC raised its holdings in shares of Vail Resorts by 30.2% in the 4th quarter. River Road Asset Management LLC now owns 444,344 shares of the company's stock worth $83,292,000 after purchasing an additional 103,033 shares during the period. 94.94% of the stock is currently owned by institutional investors.

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Insider Buying and Selling

In other news, CFO Angela A. Korch bought 185 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the purchase, the chief financial officer now owns 2,956 shares in the company, valued at $472,960. This represents a 6.68 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 1.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Mizuho decreased their target price on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating for the company in a research report on Tuesday, March 11th. Macquarie dropped their price objective on shares of Vail Resorts from $195.00 to $185.00 and set a "neutral" rating on the stock in a report on Wednesday, March 12th. Morgan Stanley reduced their target price on shares of Vail Resorts from $197.00 to $178.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 11th. JPMorgan Chase & Co. upped their price target on shares of Vail Resorts from $166.00 to $167.00 and gave the company an "underweight" rating in a research note on Tuesday, March 11th. Finally, Barclays reiterated an "underweight" rating and issued a $152.00 price objective (down from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $193.56.

Vail Resorts Trading Down 3.9 %

MTN stock traded down $5.66 during trading on Thursday, reaching $139.00. The company had a trading volume of 162,756 shares, compared to its average volume of 579,247. The business has a 50 day moving average of $158.64 and a 200 day moving average of $171.74. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The company has a market cap of $5.19 billion, a P/E ratio of 23.01, a PEG ratio of 1.93 and a beta of 0.93. Vail Resorts, Inc. has a 52 week low of $129.85 and a 52 week high of $233.57.

Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.29 by $0.27. The business had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.76 earnings per share. As a group, sell-side analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be issued a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.39%. The ex-dividend date is Thursday, March 27th. Vail Resorts's payout ratio is 130.21%.

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.