Natixis Advisors LLC Has $3.15 Million Stake in Vail Resorts, Inc. (NYSE:MTN)

Natixis Advisors LLC reduced its stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 9.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,817 shares of the company's stock after selling 1,754 shares during the quarter. Natixis Advisors LLC's holdings in Vail Resorts were worth $3,152,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of MTN. Frank Rimerman Advisors LLC bought a new position in shares of Vail Resorts during the fourth quarter worth $629,000. Aurora Investment Counsel lifted its holdings in Vail Resorts by 3.0% during the fourth quarter. Aurora Investment Counsel now owns 14,205 shares of the company's stock worth $2,663,000 after acquiring an additional 419 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Vail Resorts by 11.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 14,654 shares of the company's stock worth $2,747,000 after purchasing an additional 1,488 shares during the period. Swiss National Bank lifted its holdings in shares of Vail Resorts by 0.4% during the 4th quarter. Swiss National Bank now owns 73,700 shares of the company's stock valued at $13,815,000 after purchasing an additional 300 shares in the last quarter. Finally, Wealthfront Advisers LLC acquired a new position in shares of Vail Resorts in the 4th quarter valued at approximately $42,532,000. 94.94% of the stock is owned by institutional investors.

Vail Resorts Stock Performance

Shares of MTN stock traded up $3.45 on Wednesday, reaching $164.29. The stock had a trading volume of 496,182 shares, compared to its average volume of 627,772. Vail Resorts, Inc. has a 12 month low of $151.99 and a 12 month high of $233.57. 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 capitalization of $6.13 billion, a price-to-earnings ratio of 27.29, a P/E/G ratio of 1.93 and a beta of 1.12. The firm's 50-day moving average is $164.68 and its two-hundred day moving average is $174.45.

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Vail Resorts (NYSE:MTN - Get Free Report) last released its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.14 billion. During the same period last year, the firm posted $5.76 earnings per share. The business's revenue was up 5.5% on a year-over-year basis. On average, research analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be given a dividend of $2.22 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $8.88 annualized dividend and a yield of 5.40%. Vail Resorts's dividend payout ratio (DPR) is presently 130.21%.

Insider Activity

In other news, CFO Angela A. Korch acquired 185 shares of the firm's stock in a transaction on Thursday, March 13th. The shares were purchased at an average cost of $160.00 per share, with a total value of $29,600.00. Following the acquisition, the chief financial officer now directly owns 2,956 shares in the company, valued at $472,960. This represents a 6.68 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 1.20% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. StockNews.com raised shares of Vail Resorts from a "sell" rating to a "hold" rating in a research report on Friday, December 13th. Stifel Nicolaus boosted their price target on Vail Resorts from $216.00 to $217.00 and gave the company a "buy" rating in a report on Tuesday, December 10th. JPMorgan Chase & Co. increased their price objective on Vail Resorts from $166.00 to $167.00 and gave the stock an "underweight" rating in a report on Tuesday, March 11th. Deutsche Bank Aktiengesellschaft upped their price target on Vail Resorts from $185.00 to $196.00 and gave the stock a "hold" rating in a research report on Monday, December 9th. Finally, Barclays reiterated an "underweight" rating and issued a $152.00 price objective (down from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Vail Resorts currently has a consensus rating of "Hold" and an average target price of $193.56.

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.