Quantbot Technologies LP Buys Shares of 14,485 Vail Resorts, Inc. (NYSE:MTN)

Quantbot Technologies LP acquired a new stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,485 shares of the company's stock, valued at approximately $3,228,000.

A number of other institutional investors also recently bought and sold shares of MTN. Benjamin F. Edwards & Company Inc. grew its position in shares of Vail Resorts by 3.0% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,704 shares of the company's stock valued at $364,000 after acquiring an additional 49 shares during the period. GAMMA Investing LLC grew its holdings in Vail Resorts by 27.9% during the first quarter. GAMMA Investing LLC now owns 257 shares of the company's stock valued at $57,000 after purchasing an additional 56 shares during the period. Rise Advisors LLC increased its position in Vail Resorts by 62.2% in the fourth quarter. Rise Advisors LLC now owns 159 shares of the company's stock worth $34,000 after buying an additional 61 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of Vail Resorts by 2.1% in the first quarter. Park Avenue Securities LLC now owns 2,997 shares of the company's stock worth $668,000 after buying an additional 62 shares during the period. Finally, Desjardins Global Asset Management Inc. lifted its position in shares of Vail Resorts by 70.4% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 167 shares of the company's stock valued at $36,000 after buying an additional 69 shares in the last quarter. Institutional investors own 94.94% of the company's stock.

Insider Buying and Selling at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch purchased 575 shares of Vail Resorts stock in a transaction dated 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 completion of the transaction, the chief financial officer now owns 1,171 shares in the company, valued at approximately $206,330.20. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 1.20% of the company's stock.

Vail Resorts Trading Up 1.0 %

MTN traded up $1.84 during trading on Friday, hitting $179.84. 486,505 shares of the stock were exchanged, compared to its average volume of 462,020. Vail Resorts, Inc. has a 1 year low of $165.14 and a 1 year high of $254.78. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of 24.47, a P/E/G ratio of 2.94 and a beta of 1.14. The firm has a 50 day simple moving average of $186.28 and a 200 day simple moving average of $207.96. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.08 and a current ratio of 1.18.

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

Vail Resorts Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend was Tuesday, June 25th. This represents a $8.88 annualized dividend and a yield of 4.94%. Vail Resorts's dividend payout ratio (DPR) is presently 120.82%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Morgan Stanley reduced their target price on shares of Vail Resorts from $229.00 to $179.00 and set an "equal weight" rating for the company in a report on Friday, June 7th. Stifel Nicolaus decreased their price objective on shares of Vail Resorts from $262.00 to $259.00 and set a "buy" rating on the stock in a research report on Friday, June 7th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Vail Resorts from $244.00 to $226.00 in a report on Thursday, June 6th. Mizuho decreased their price target on Vail Resorts from $256.00 to $231.00 and set a "buy" rating on the stock in a report on Friday, June 7th. Finally, JPMorgan Chase & Co. lowered Vail Resorts from a "neutral" rating to an "underweight" rating and dropped their price objective for the stock from $217.00 to $176.00 in a research note on Friday, June 7th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, Vail Resorts has an average rating of "Hold" and a consensus target price of $221.50.

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.