Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Duality Advisers LP

Duality Advisers LP decreased its holdings in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 70.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,267 shares of the company's stock after selling 12,515 shares during the period. Duality Advisers LP's holdings in Vail Resorts were worth $1,174,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Principal Financial Group Inc. boosted its holdings in Vail Resorts by 1.0% in the 1st quarter. Principal Financial Group Inc. now owns 1,807,277 shares of the company's stock valued at $402,716,000 after purchasing an additional 17,432 shares during the period. Nordea Investment Management AB grew its position in Vail Resorts by 5.9% during the first quarter. Nordea Investment Management AB now owns 441,749 shares of the company's stock worth $98,470,000 after buying an additional 24,456 shares in the last quarter. Norges Bank purchased a new position in Vail Resorts during the fourth quarter worth about $85,704,000. Dimensional Fund Advisors LP increased its stake in Vail Resorts by 2.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 259,239 shares of the company's stock worth $55,347,000 after acquiring an additional 6,336 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Vail Resorts by 1.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 232,804 shares of the company's stock valued at $49,697,000 after acquiring an additional 3,383 shares during the last quarter. Institutional investors own 94.94% of the company's stock.

Vail Resorts Trading Up 1.0 %

MTN traded up $1.84 on Friday, hitting $179.84. 486,499 shares of the company were exchanged, compared to its average volume of 564,313. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.08 and a current ratio of 1.18. The firm has a fifty day simple moving average of $186.28 and a two-hundred day simple moving average of $208.05. The stock has a market capitalization of $6.77 billion, a PE ratio of 24.47, a price-to-earnings-growth ratio of 2.89 and a beta of 1.14. Vail Resorts, Inc. has a 12 month low of $165.14 and a 12 month high of $254.78.

Vail Resorts (NYSE:MTN - Get Free Report) last issued its earnings results on Thursday, June 6th. The company reported $9.54 EPS for the quarter, missing the consensus estimate of $9.94 by ($0.40). The firm had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.31 billion. Vail Resorts had a return on equity of 23.41% and a net margin of 9.59%. Sell-side analysts expect that Vail Resorts, Inc. will post 6.48 earnings per share for the current year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 10th. Shareholders of record on Tuesday, June 25th were given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date of this dividend was Tuesday, June 25th. Vail Resorts's payout ratio is 120.82%.

Insiders Place Their Bets

In related news, CFO Angela A. Korch acquired 575 shares of Vail Resorts stock in a transaction on Monday, June 10th. The shares were acquired at an average cost of $176.20 per share, with a total value of $101,315.00. Following the transaction, the chief financial officer now owns 1,171 shares in the company, valued at $206,330.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 1.20% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Morgan Stanley lowered their target price on shares of Vail Resorts from $229.00 to $179.00 and set an "equal weight" rating on the stock in a research note on Friday, June 7th. JPMorgan Chase & Co. cut shares of Vail Resorts from a "neutral" rating to an "underweight" rating and lowered their price objective for the company from $217.00 to $176.00 in a research report on Friday, June 7th. Stifel Nicolaus cut their target price on shares of Vail Resorts from $262.00 to $259.00 and set a "buy" rating for the company in a research report on Friday, June 7th. Mizuho reduced their target price on Vail Resorts from $256.00 to $231.00 and set a "buy" rating on the stock in a research note on Friday, June 7th. Finally, Barclays dropped their price target on Vail Resorts from $201.00 to $161.00 and set an "underweight" rating for the company in a research note on Friday, June 7th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $221.50.

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.