Sciencast Management LP Purchases Shares of 4,304 Vail Resorts, Inc. (NYSE:MTN)

Sciencast Management LP purchased a new stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 4,304 shares of the company's stock, valued at approximately $807,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC bought a new stake in shares of Vail Resorts during the fourth quarter worth $33,000. Blue Trust Inc. increased its stake in Vail Resorts by 246.7% in the 4th quarter. Blue Trust Inc. now owns 208 shares of the company's stock worth $36,000 after buying an additional 148 shares during the period. Eagle Bay Advisors LLC purchased a new position in Vail Resorts in the 4th quarter worth about $40,000. UMB Bank n.a. lifted its holdings in Vail Resorts by 37.9% during the 4th quarter. UMB Bank n.a. now owns 302 shares of the company's stock valued at $57,000 after buying an additional 83 shares in the last quarter. Finally, Quarry LP boosted its position in Vail Resorts by 418.6% in the 3rd quarter. Quarry LP now owns 363 shares of the company's stock valued at $63,000 after buying an additional 293 shares during the period. 94.94% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Vail Resorts news, CFO Angela A. Korch bought 185 shares of Vail Resorts stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average cost of $160.00 per share, with a total value of $29,600.00. Following the transaction, the chief financial officer now directly owns 2,956 shares of the company's stock, valued at approximately $472,960. This represents a 6.68 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.20% of the company's stock.

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Analysts Set New Price Targets

MTN has been the topic of a number of research reports. Mizuho reduced their target price on shares of Vail Resorts from $227.00 to $215.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. StockNews.com raised Vail Resorts from a "sell" rating to a "hold" rating in a research report on Friday, December 13th. JPMorgan Chase & Co. upped their target price on Vail Resorts from $166.00 to $167.00 and gave the stock an "underweight" rating in a report on Tuesday, March 11th. Morgan Stanley cut their price target on Vail Resorts from $197.00 to $178.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Vail Resorts from $185.00 to $196.00 and gave the stock a "hold" rating in a research note on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $193.56.

Vail Resorts Stock Down 1.9 %

MTN traded down $3.04 on Thursday, hitting $161.06. The company had a trading volume of 330,879 shares, compared to its average volume of 552,941. The stock has a market capitalization of $6.01 billion, a price-to-earnings ratio of 26.75, a P/E/G ratio of 1.93 and a beta of 1.12. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. The stock has a fifty day moving average price of $164.26 and a 200-day moving average price of $174.38. Vail Resorts, Inc. has a 12-month low of $151.99 and a 12-month high of $233.57.

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

Vail Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be issued a dividend of $2.22 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $8.88 annualized dividend and a dividend yield of 5.51%. Vail Resorts's dividend payout ratio is presently 130.21%.

Vail Resorts Company 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.