CenterBook Partners LP Has $940,000 Stock Holdings in Vail Resorts, Inc. (NYSE:MTN)

CenterBook Partners LP decreased its position in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 41.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,013 shares of the company's stock after selling 3,532 shares during the period. CenterBook Partners LP's holdings in Vail Resorts were worth $940,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Norges Bank bought a new position in Vail Resorts during the fourth quarter worth about $80,669,000. Wealthfront Advisers LLC bought a new position in shares of Vail Resorts during the 4th quarter worth approximately $42,532,000. DnB Asset Management AS acquired a new stake in Vail Resorts in the 4th quarter valued at $33,286,000. Raymond James Financial Inc. bought a new stake in Vail Resorts in the fourth quarter valued at $23,170,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in Vail Resorts by 57.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 312,232 shares of the company's stock worth $58,528,000 after acquiring an additional 114,207 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company's stock.

Analysts Set New Price Targets

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

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Vail Resorts Trading Down 1.4 %

MTN traded down $2.04 during mid-day trading on Tuesday, reaching $140.05. The stock had a trading volume of 456,843 shares, compared to its average volume of 582,219. The stock has a market capitalization of $5.23 billion, a P/E ratio of 23.26, a P/E/G 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 $226.78. 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 firm's fifty day simple moving average is $157.07 and its two-hundred day simple moving average is $170.73.

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

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were paid a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date was Thursday, March 27th. Vail Resorts's dividend payout ratio (DPR) is 130.21%.

Insider Buying and Selling at Vail Resorts

In related news, CFO Angela A. Korch purchased 185 shares of the business's stock in a transaction dated Thursday, March 13th. The shares were bought at an average price of $160.00 per share, with a total value of $29,600.00. Following the purchase, the chief financial officer now directly owns 2,956 shares in the company, valued at $472,960. This trade represents a 6.68 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Insiders own 1.20% of the company's stock.

About Vail Resorts

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.