Alberta Investment Management Corp Invests $3.13 Million in Vail Resorts, Inc. (NYSE:MTN)

Alberta Investment Management Corp bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 16,720 shares of the company's stock, valued at approximately $3,134,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new position in shares of Vail Resorts during the 3rd quarter valued at about $25,000. Heck Capital Advisors LLC acquired a new stake in Vail Resorts during the 4th quarter worth approximately $33,000. Blue Trust Inc. lifted its stake in Vail Resorts by 246.7% in the fourth quarter. Blue Trust Inc. now owns 208 shares of the company's stock valued at $36,000 after buying an additional 148 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of Vail Resorts in the fourth quarter valued at approximately $40,000. Finally, Venturi Wealth Management LLC boosted its holdings in shares of Vail Resorts by 165.3% in the third quarter. Venturi Wealth Management LLC now owns 321 shares of the company's stock valued at $56,000 after buying an additional 200 shares during the period. 94.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on MTN shares. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Vail Resorts from $185.00 to $196.00 and gave the company a "hold" rating in a research report on Monday, December 9th. Morgan Stanley restated an "equal weight" rating and issued a $197.00 price target on shares of Vail Resorts in a report on Monday, December 23rd. UBS Group initiated coverage on Vail Resorts in a research report on Thursday, November 14th. They set a "neutral" rating and a $185.00 price objective for the company. StockNews.com raised Vail Resorts from a "sell" rating to a "hold" rating in a research report on Friday, December 13th. Finally, Mizuho boosted their target price on Vail Resorts from $222.00 to $227.00 and gave the company an "outperform" rating in a research note on Tuesday, December 10th. Two equities research 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. Based on data from MarketBeat, Vail Resorts has an average rating of "Hold" and an average price target of $204.50.

Vail Resorts Stock Down 0.2 %

MTN stock traded down $0.30 during mid-day trading on Friday, reaching $158.36. The company had a trading volume of 635,356 shares, compared to its average volume of 492,427. The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of 26.31, a PEG ratio of 1.93 and a beta of 1.11. Vail Resorts, Inc. has a 52 week low of $156.60 and a 52 week high of $236.92. The stock has a 50 day simple moving average of $175.83 and a two-hundred day simple moving average of $177.29. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51.

Vail Resorts (NYSE:MTN - Get Free Report) last released its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, beating the consensus estimate of ($4.99) by $0.38. The business had revenue of $260.28 million during the quarter, compared to analysts' expectations of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm's revenue was up .7% on a year-over-year basis. During the same period last year, the business earned ($4.60) earnings per share. As a group, equities analysts predict that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.61%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts's dividend payout ratio (DPR) is presently 147.51%.

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.