International Assets Investment Management LLC Buys 39,961 Shares of Vail Resorts, Inc. (NYSE:MTN)

International Assets Investment Management LLC raised its stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 8,290.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 40,443 shares of the company's stock after purchasing an additional 39,961 shares during the period. International Assets Investment Management LLC owned 0.11% of Vail Resorts worth $7,049,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Signaturefd LLC raised its holdings in shares of Vail Resorts by 150.9% during the second quarter. Signaturefd LLC now owns 138 shares of the company's stock worth $25,000 after purchasing an additional 83 shares during the period. V Square Quantitative Management LLC acquired a new position in Vail Resorts in the third quarter valued at approximately $25,000. Brown Brothers Harriman & Co. raised its position in shares of Vail Resorts by 318.8% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company's stock worth $36,000 after purchasing an additional 153 shares during the period. UMB Bank n.a. boosted its position in Vail Resorts by 123.5% during the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company's stock valued at $38,000 after purchasing an additional 121 shares during the period. Finally, Canton Hathaway LLC boosted its position in Vail Resorts by 66.7% during the 2nd quarter. Canton Hathaway LLC now owns 250 shares of the company's stock valued at $45,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 94.94% of the company's stock.

Analysts Set New Price Targets

MTN has been the topic of a number of recent research reports. Macquarie reiterated a "neutral" rating and issued a $180.00 target price on shares of Vail Resorts in a research note on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Vail Resorts from $218.00 to $194.00 and set a "hold" rating on the stock in a research report on Monday, September 16th. Morgan Stanley upped their target price on shares of Vail Resorts from $179.00 to $182.00 and gave the stock an "equal weight" rating in a research report on Wednesday, September 25th. Barclays cut their price target on Vail Resorts from $161.00 to $155.00 and set an "underweight" rating on the stock in a report on Friday, September 27th. Finally, StockNews.com cut Vail Resorts from a "hold" rating to a "sell" rating in a research report on Friday, September 27th. Three analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $208.22.

Insider Buying and Selling at Vail Resorts

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 stock was sold at an average price of $173.07, for a total transaction of $289,026.90. Following the completion of the sale, the director now directly owns 45,111 shares in the company, valued at approximately $7,807,360.77. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Vail Resorts news, Director John F. Sorte sold 1,670 shares of the stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $173.07, for a total value of $289,026.90. Following the completion of the sale, the director now owns 45,111 shares in the company, valued at $7,807,360.77. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert A. Katz sold 9,296 shares of the company's stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $175.98, for a total transaction of $1,635,910.08. Following the completion of the transaction, the insider now directly owns 245,961 shares in the company, valued at $43,284,216.78. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.20% of the company's stock.

Vail Resorts Price Performance

NYSE:MTN traded up $0.10 during mid-day trading on Friday, reaching $165.79. 370,239 shares of the stock were exchanged, compared to its average volume of 523,643. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 2.62. The business has a fifty day moving average price of $176.93 and a 200 day moving average price of $183.04. Vail Resorts, Inc. has a 1-year low of $165.00 and a 1-year high of $236.92. The firm has a market capitalization of $6.22 billion, a PE ratio of 27.47, a PEG ratio of 1.62 and a beta of 1.13.

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

Vail Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 5.36%. The ex-dividend date was Tuesday, October 8th. Vail Resorts's payout ratio is 147.26%.

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.