Vail Resorts, Inc. (NYSE:MTN) Shares Bought by Invesco Ltd.

Invesco Ltd. boosted its holdings in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 3.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,816 shares of the company's stock after buying an additional 2,372 shares during the period. Invesco Ltd. owned approximately 0.19% of Vail Resorts worth $13,462,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in MTN. Norges Bank purchased a new stake in shares of Vail Resorts in the fourth quarter worth approximately $80,669,000. Wealthfront Advisers LLC purchased a new stake in Vail Resorts in the 4th quarter valued at $42,532,000. DnB Asset Management AS bought a new position in Vail Resorts during the 4th quarter valued at $33,286,000. Raymond James Financial Inc. bought a new stake in shares of Vail Resorts in the 4th quarter worth $23,170,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Vail Resorts by 57.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 312,232 shares of the company's stock valued at $58,528,000 after purchasing an additional 114,207 shares during the last quarter. 94.94% of the stock is owned by institutional investors.

Vail Resorts Price Performance

Shares of MTN stock traded up $1.23 during trading hours on Thursday, hitting $140.00. 696,792 shares of the company's stock were exchanged, compared to its average volume of 581,187. Vail Resorts, Inc. has a 12-month low of $129.85 and a 12-month high of $206.38. The company has a market capitalization of $5.23 billion, a PE ratio of 23.26, a PEG ratio of 1.93 and a beta of 0.93. The business's 50 day simple moving average is $152.99 and its 200-day simple moving average is $169.00. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64.

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

Vail Resorts Dividend Announcement

The company also recently announced 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 of this dividend was Thursday, March 27th. Vail Resorts's dividend payout ratio (DPR) is 130.21%.

Insider Transactions at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch purchased 185 shares of Vail Resorts stock in a transaction dated Thursday, March 13th. The shares were purchased at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the completion of the acquisition, the chief financial officer now owns 2,956 shares in the company, valued at $472,960. This represents a 6.68 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MTN. Mizuho reduced their price objective on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Morgan Stanley lowered their price target on shares of 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 reissued an "underweight" rating and set a $152.00 price objective (down from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Macquarie lowered their target price on Vail Resorts from $195.00 to $185.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 12th. Finally, JPMorgan Chase & Co. increased their price target on Vail Resorts from $166.00 to $167.00 and gave the stock an "underweight" rating in a research note on Tuesday, March 11th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Vail Resorts currently has an average rating of "Hold" and a consensus target price of $190.20.

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.