Equitable Trust Co. Takes Position in Vail Resorts, Inc. (NYSE:MTN)

Equitable Trust Co. bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 8,747 shares of the company's stock, valued at approximately $1,640,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTN. UMB Bank n.a. lifted its holdings in Vail Resorts by 123.5% during the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company's stock worth $38,000 after buying an additional 121 shares during the period. Procyon Advisors LLC lifted its stake in shares of Vail Resorts by 22.0% in the 3rd quarter. Procyon Advisors LLC now owns 2,061 shares of the company's stock valued at $359,000 after purchasing an additional 371 shares during the period. Creative Planning lifted its stake in shares of Vail Resorts by 16.3% in the 3rd quarter. Creative Planning now owns 2,522 shares of the company's stock valued at $440,000 after purchasing an additional 354 shares during the period. Mitchell & Pahl Private Wealth LLC lifted its stake in shares of Vail Resorts by 9.9% in the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 2,792 shares of the company's stock valued at $487,000 after purchasing an additional 251 shares during the period. Finally, Bleakley Financial Group LLC lifted its stake in shares of Vail Resorts by 9.1% in the 3rd quarter. Bleakley Financial Group LLC now owns 3,214 shares of the company's stock valued at $560,000 after purchasing an additional 269 shares during the period. 94.94% of the stock is owned by institutional investors and hedge funds.

Vail Resorts Stock Down 0.6 %

MTN traded down $1.05 during midday trading on Friday, reaching $165.02. 398,496 shares of the company were exchanged, compared to its average volume of 606,109. 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 company's fifty day moving average price is $179.04 and its 200 day moving average price is $177.88. The company has a market cap of $6.18 billion, a price-to-earnings ratio of 27.41, a price-to-earnings-growth ratio of 2.07 and a beta of 1.11. Vail Resorts, Inc. has a one year low of $164.35 and a one year high of $236.92.

Vail Resorts (NYSE:MTN - Get Free Report) last issued its quarterly earnings data on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping analysts' consensus estimates of ($4.99) by $0.38. The firm had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company's revenue for the quarter was up .7% on a year-over-year basis. During the same period in the previous year, the company posted ($4.60) EPS. As a group, analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were issued a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date was Thursday, December 26th. Vail Resorts's dividend payout ratio is currently 147.51%.

Wall Street Analyst Weigh In

MTN has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price objective on Vail Resorts from $176.00 to $166.00 and set an "underweight" rating on the stock in a research note on Friday, January 17th. Mizuho boosted their price objective on Vail Resorts from $222.00 to $227.00 and gave the company an "outperform" rating in a research note on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft boosted their price objective on Vail Resorts from $185.00 to $196.00 and gave the company a "hold" rating in a research note on Monday, December 9th. UBS Group started coverage on Vail Resorts in a research note on Thursday, November 14th. They issued a "neutral" rating and a $185.00 price objective on the stock. Finally, StockNews.com raised Vail Resorts from a "sell" rating to a "hold" rating in a research report on Friday, December 13th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, Vail Resorts has a consensus rating of "Hold" and an average price target of $204.50.

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.