Vail Resorts, Inc. (NYSE:MTN) Stock Holdings Lifted by FIL Ltd

FIL Ltd increased its holdings in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 60.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,381 shares of the company's stock after acquiring an additional 7,328 shares during the quarter. FIL Ltd owned approximately 0.05% of Vail Resorts worth $3,633,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Heck Capital Advisors LLC acquired a new position in shares of Vail Resorts in the 4th quarter valued at approximately $33,000. Blue Trust Inc. grew its holdings in Vail Resorts by 246.7% during the 4th quarter. Blue Trust Inc. now owns 208 shares of the company's stock worth $36,000 after acquiring an additional 148 shares in the last quarter. Eagle Bay Advisors LLC acquired a new stake in shares of Vail Resorts in the 4th quarter valued at about $40,000. UMB Bank n.a. lifted its position in shares of Vail Resorts by 37.9% during the fourth quarter. UMB Bank n.a. now owns 302 shares of the company's stock worth $57,000 after purchasing an additional 83 shares during the last quarter. Finally, Raleigh Capital Management Inc. grew its stake in Vail Resorts by 20.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 393 shares of the company's stock worth $74,000 after purchasing an additional 67 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company's stock.

Insider Transactions at Vail Resorts

In related news, CFO Angela A. Korch acquired 185 shares of the business's stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the transaction, the chief financial officer now owns 2,956 shares of the company's stock, valued at approximately $472,960. The trade was a 6.68 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.20% of the company's stock.

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Analyst Ratings Changes

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

Vail Resorts Stock Performance

MTN stock traded down $2.41 during trading on Wednesday, reaching $137.76. 412,670 shares of the company's stock were exchanged, compared to its average volume of 581,977. Vail Resorts, Inc. has a 1-year low of $129.85 and a 1-year high of $225.45. The company's fifty day moving average price is $156.48 and its 200-day moving average price is $170.52. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. The firm has a market cap of $5.14 billion, a PE ratio of 22.88, a P/E/G ratio of 1.93 and a beta of 0.93.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 8.07% and a return on equity of 21.90%. The business's revenue was up 5.5% on a year-over-year basis. During the same period last year, the firm posted $5.76 earnings per share. On average, research analysts expect 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 was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were paid a $2.22 dividend. The ex-dividend date was Thursday, March 27th. This represents a $8.88 annualized dividend and a dividend yield of 6.45%. Vail Resorts's dividend payout ratio is currently 130.21%.

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.