Quadrature Capital Ltd Takes Position in Vail Resorts, Inc. (NYSE:MTN)

Quadrature Capital Ltd bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,387 shares of the company's stock, valued at approximately $765,000.

Several other institutional investors have also modified their holdings of the business. Signaturefd LLC increased its position in shares of Vail Resorts by 150.9% in the 2nd quarter. Signaturefd LLC now owns 138 shares of the company's stock worth $25,000 after purchasing an additional 83 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in Vail Resorts in the third quarter worth about $25,000. Capital Performance Advisors LLP bought a new stake in Vail Resorts in the third quarter valued at about $25,000. Brown Brothers Harriman & Co. raised its stake in Vail Resorts by 318.8% during the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company's stock valued at $36,000 after buying an additional 153 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings in Vail Resorts by 123.5% during the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company's stock worth $38,000 after buying an additional 121 shares during the last quarter. Institutional investors and hedge funds own 94.94% of the company's stock.

Insider Activity at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch purchased 165 shares of the business's stock in a transaction dated Thursday, October 3rd. The shares were acquired at an average price of $173.09 per share, for a total transaction of $28,559.85. Following the acquisition, the chief financial officer now owns 2,187 shares of the company's stock, valued at $378,547.83. This trade represents a 8.16 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 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 sale, the insider now owns 245,961 shares of the company's stock, valued at $43,284,216.78. This represents a 3.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. StockNews.com raised shares of Vail Resorts from a "sell" rating to a "hold" rating in a research report on Monday, December 2nd. Barclays lowered their target price on Vail Resorts from $161.00 to $155.00 and set an "underweight" rating for the company in a report on Friday, September 27th. Deutsche Bank Aktiengesellschaft cut their price target on Vail Resorts from $218.00 to $194.00 and set a "hold" rating on the stock in a report on Monday, September 16th. Morgan Stanley upped their price objective on Vail Resorts from $179.00 to $182.00 and gave the stock an "equal weight" rating in a research note on Wednesday, September 25th. Finally, UBS Group assumed coverage on Vail Resorts in a research note on Thursday, November 14th. They issued a "neutral" rating and a $185.00 target price on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $205.90.

Vail Resorts Stock Down 0.3 %

NYSE:MTN traded down $0.49 during trading hours on Friday, hitting $190.70. 512,116 shares of the stock traded hands, compared to its average volume of 544,821. The firm has a 50 day moving average price of $175.50 and a 200 day moving average price of $178.76. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 31.63, a PEG ratio of 1.97 and a beta of 1.14. Vail Resorts, Inc. has a fifty-two week low of $165.00 and a fifty-two week high of $236.92. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 2.62.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its quarterly earnings results 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). Vail Resorts had a net margin of 7.99% and a return on equity of 20.76%. The business had revenue of $265.39 million for the quarter, compared to analyst estimates of $264.84 million. During the same period in the previous year, the firm posted ($3.35) earnings per share. The firm's quarterly revenue was down 1.6% on a year-over-year basis. Equities research analysts anticipate that Vail Resorts, Inc. will post 7.23 earnings per share for the current year.

Vail Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were given 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 4.66%. 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.