Rice Hall James & Associates LLC Has $11.10 Million Position in Vail Resorts, Inc. (NYSE:MTN)

Rice Hall James & Associates LLC trimmed its holdings in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 5.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 59,215 shares of the company's stock after selling 3,096 shares during the period. Rice Hall James & Associates LLC owned approximately 0.16% of Vail Resorts worth $11,100,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MTN. V Square Quantitative Management LLC bought a new position in shares of Vail Resorts during the 3rd quarter worth about $25,000. Capital Performance Advisors LLP bought a new position in Vail Resorts during the 3rd quarter valued at about $25,000. Heck Capital Advisors LLC bought a new position in Vail Resorts during the 4th quarter valued at about $33,000. Blue Trust Inc. lifted its holdings in Vail Resorts by 246.7% during the 4th quarter. Blue Trust Inc. now owns 208 shares of the company's stock valued at $36,000 after purchasing an additional 148 shares during the last quarter. Finally, Eagle Bay Advisors LLC bought a new position in Vail Resorts during the 4th quarter valued at about $40,000. 94.94% of the stock is owned by institutional investors.

Vail Resorts Price Performance

MTN traded down $0.30 during midday trading on Friday, hitting $158.36. The company had a trading volume of 635,356 shares, compared to its average volume of 609,652. Vail Resorts, Inc. has a twelve month low of $156.60 and a twelve month high of $236.92. The firm's 50-day simple moving average is $175.83 and its 200-day simple moving average is $177.29. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. The company has a market capitalization of $5.93 billion, a PE ratio of 26.31, a P/E/G ratio of 1.95 and a beta of 1.11.

Vail Resorts (NYSE:MTN - Get Free Report) last issued its quarterly earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company had revenue of $260.28 million during the quarter, compared to analysts' expectations of $251.45 million. During the same quarter in the previous year, the company earned ($4.60) EPS. Vail Resorts's revenue was up .7% on a year-over-year basis. Equities research analysts predict that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 5.61%. The ex-dividend date was Thursday, December 26th. Vail Resorts's dividend payout ratio is 147.51%.

Analyst Upgrades and Downgrades

MTN has been the subject of several analyst reports. Macquarie lifted their price target on shares of Vail Resorts from $180.00 to $195.00 and gave the company a "neutral" rating in a report on Wednesday, December 11th. StockNews.com raised shares of Vail Resorts from a "sell" rating to a "hold" rating in a report on Friday, December 13th. Barclays lifted their price target on shares of Vail Resorts from $155.00 to $165.00 and gave the company an "underweight" rating in a report on Tuesday, December 10th. Stifel Nicolaus lifted their price target on shares of Vail Resorts from $216.00 to $217.00 and gave the company a "buy" rating in a report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Vail Resorts from $176.00 to $166.00 and set an "underweight" rating for the company in a research report on Friday, January 17th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $204.50.

Vail Resorts 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.