DekaBank Deutsche Girozentrale Has $1.15 Million Position in Vail Resorts, Inc. (NYSE:MTN)

DekaBank Deutsche Girozentrale lifted its stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 656.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,415 shares of the company's stock after acquiring an additional 5,567 shares during the period. DekaBank Deutsche Girozentrale's holdings in Vail Resorts were worth $1,145,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Signaturefd LLC lifted its position in Vail Resorts by 150.9% during the second quarter. Signaturefd LLC now owns 138 shares of the company's stock worth $25,000 after buying an additional 83 shares during the period. V Square Quantitative Management LLC purchased a new position in shares of Vail Resorts in the 3rd quarter worth about $25,000. Brown Brothers Harriman & Co. raised its holdings in shares of Vail Resorts by 318.8% in 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. raised its holdings in shares of Vail Resorts by 123.5% in the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company's stock worth $38,000 after purchasing an additional 121 shares during the period. Finally, Canton Hathaway LLC raised its holdings in shares of 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 buying an additional 100 shares during the period. Institutional investors and hedge funds own 94.94% of the company's stock.

Vail Resorts Price Performance

Shares of MTN traded up $0.10 during midday trading on Friday, reaching $165.79. The stock had a trading volume of 370,242 shares, compared to its average volume of 447,804. The company has a market capitalization of $6.21 billion, a P/E ratio of 27.49, a P/E/G ratio of 1.59 and a beta of 1.13. Vail Resorts, Inc. has a 52 week low of $165.00 and a 52 week high of $236.92. The company has a debt-to-equity ratio of 2.62, a current ratio of 0.82 and a quick ratio of 0.71. The firm's 50 day moving average price is $176.69 and its 200-day moving average price is $182.33.

Vail Resorts (NYSE:MTN - Get Free Report) last released its quarterly earnings data on Thursday, September 26th. The company reported ($4.67) earnings per share for the quarter, missing the consensus estimate of ($4.28) by ($0.39). The company had revenue of $265.39 million for 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 business's revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the business earned ($3.35) earnings per share. On average, analysts forecast that Vail Resorts, Inc. will post 7.27 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were paid a $2.22 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $8.88 dividend on an annualized basis and a yield of 5.36%. Vail Resorts's dividend payout ratio is currently 147.26%.

Analyst Upgrades and Downgrades

MTN has been the topic of several analyst reports. Barclays dropped their target price on Vail Resorts from $161.00 to $155.00 and set an "underweight" rating on the stock in a report on Friday, September 27th. Stifel Nicolaus lowered their price objective on Vail Resorts from $223.00 to $216.00 and set a "buy" rating for the company in a research note on Friday, September 27th. Macquarie reiterated a "neutral" rating and issued a $180.00 target price on shares of Vail Resorts in a research report on Wednesday, October 2nd. StockNews.com lowered Vail Resorts from a "hold" rating to a "sell" rating in a research report on Friday, September 27th. Finally, Morgan Stanley boosted their price objective on Vail Resorts from $179.00 to $182.00 and gave the company an "equal weight" rating in a research report on Wednesday, September 25th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $208.22.

Insiders Place Their Bets

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

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.