Vail Resorts, Inc. (NYSE:MTN) Position Increased by Holocene Advisors LP

Holocene Advisors LP lifted its stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 23.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,218 shares of the company's stock after purchasing an additional 7,750 shares during the quarter. Holocene Advisors LP owned about 0.11% of Vail Resorts worth $7,184,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Mendota Financial Group LLC increased its stake in Vail Resorts by 20.7% in the 2nd quarter. Mendota Financial Group LLC now owns 730 shares of the company's stock worth $131,000 after purchasing an additional 125 shares in the last quarter. Mitchell & Pahl Private Wealth LLC increased its position in shares of Vail Resorts by 6.1% during the second quarter. Mitchell & Pahl Private Wealth LLC now owns 2,541 shares of the company's stock valued at $458,000 after purchasing an additional 146 shares during the period. Aurora Investment Managers LLC. grew its position in Vail Resorts by 18.9% in the second quarter. Aurora Investment Managers LLC. now owns 8,273 shares of the company's stock valued at $1,490,000 after acquiring an additional 1,314 shares during the period. Artemis Investment Management LLP grew its position in Vail Resorts by 4.6% in the second quarter. Artemis Investment Management LLP now owns 1,700 shares of the company's stock valued at $306,000 after acquiring an additional 75 shares during the period. Finally, Dnca Finance acquired a new position in Vail Resorts in the second quarter worth $105,000. 94.94% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MTN. Macquarie reissued a "neutral" rating and issued a $180.00 target price on shares of Vail Resorts in a research note on Wednesday, October 2nd. UBS Group initiated coverage on Vail Resorts in a report on Thursday, November 14th. They issued a "neutral" rating and a $185.00 price target for the company. Stifel Nicolaus decreased their price objective on Vail Resorts from $223.00 to $216.00 and set a "buy" rating for the company in a report on Friday, September 27th. Deutsche Bank Aktiengesellschaft cut their price objective on Vail Resorts from $218.00 to $194.00 and set a "hold" rating for the company in a research report on Monday, September 16th. Finally, StockNews.com raised Vail Resorts from a "sell" rating to a "hold" rating in a report on Monday. 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's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $205.90.

Insider Buying and Selling

In other Vail Resorts news, Director John F. Sorte sold 1,670 shares of the firm's stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $173.07, for a total transaction of $289,026.90. Following the completion of the transaction, the director now directly owns 45,111 shares in the company, valued at approximately $7,807,360.77. This trade represents a 3.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Angela A. Korch purchased 165 shares of the firm's stock in a transaction on Thursday, October 3rd. The shares were purchased at an average cost of $173.09 per share, for a total transaction of $28,559.85. Following the completion of the purchase, the chief financial officer now directly owns 2,187 shares in the company, valued at $378,547.83. The trade was a 8.16 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.20% of the stock is owned by insiders.

Vail Resorts Price Performance

MTN traded up $10.85 on Wednesday, reaching $191.85. 1,234,986 shares of the company's stock were exchanged, compared to its average volume of 525,925. The stock has a market cap of $7.19 billion, a PE ratio of 30.60, a P/E/G ratio of 1.69 and a beta of 1.14. Vail Resorts, Inc. has a twelve month low of $165.00 and a twelve month high of $236.92. The stock's fifty day moving average price is $175.06 and its 200-day moving average price is $178.82. The company has a debt-to-equity ratio of 2.62, a current ratio of 0.82 and a quick ratio of 0.71.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its earnings results on Thursday, September 26th. The company reported ($4.67) earnings per share for the quarter, missing the consensus estimate of ($4.28) by ($0.39). The firm had revenue of $265.39 million during the quarter, compared to analyst estimates of $264.84 million. Vail Resorts had a net margin of 7.99% and a return on equity of 20.76%. The business's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($3.35) earnings per share. Sell-side analysts expect that Vail Resorts, Inc. will post 7.27 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were paid a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 4.63%. The ex-dividend date of this dividend was Tuesday, October 8th. Vail Resorts's payout ratio is currently 147.26%.

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.