Uniplan Investment Counsel Inc. Purchases 3,745 Shares of Vail Resorts, Inc. (NYSE:MTN)

Uniplan Investment Counsel Inc. boosted its stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 6.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,581 shares of the company's stock after acquiring an additional 3,745 shares during the quarter. Vail Resorts accounts for 1.1% of Uniplan Investment Counsel Inc.'s portfolio, making the stock its 27th largest position. Uniplan Investment Counsel Inc. owned approximately 0.16% of Vail Resorts worth $11,544,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MTN. Miracle Mile Advisors LLC lifted its position in Vail Resorts by 3.2% during the 4th quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company's stock worth $398,000 after buying an additional 65 shares in the last quarter. Raleigh Capital Management Inc. raised its holdings in Vail Resorts by 20.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 393 shares of the company's stock worth $74,000 after acquiring an additional 67 shares in the last quarter. Sterling Capital Management LLC boosted its position in Vail Resorts by 8.5% during the fourth quarter. Sterling Capital Management LLC now owns 881 shares of the company's stock valued at $165,000 after purchasing an additional 69 shares during the last quarter. Accretive Wealth Partners LLC grew its stake in Vail Resorts by 1.5% in the fourth quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company's stock valued at $992,000 after purchasing an additional 80 shares in the last quarter. Finally, UMB Bank n.a. increased its position in shares of Vail Resorts by 37.9% during the 4th quarter. UMB Bank n.a. now owns 302 shares of the company's stock worth $57,000 after purchasing an additional 83 shares during the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Vail Resorts Price Performance

MTN traded up $0.04 on Friday, hitting $140.06. 482,746 shares of the stock were exchanged, compared to its average volume of 580,310. The firm has a market capitalization of $5.23 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 1.93 and a beta of 0.93. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. Vail Resorts, Inc. has a 12 month low of $129.85 and a 12 month high of $206.38. The business has a 50-day moving average of $152.08 and a two-hundred day moving average of $168.56.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its quarterly earnings results on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.29 by $0.27. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the business posted $5.76 EPS. The firm's revenue for the quarter was up 5.5% on a year-over-year basis. Sell-side analysts forecast 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, April 10th. Stockholders of record on Thursday, March 27th were issued a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.34%. Vail Resorts's dividend payout ratio (DPR) is currently 130.21%.

Insider Buying and Selling

In related news, CFO Angela A. Korch bought 185 shares of the business's stock in a transaction on Thursday, March 13th. The shares were purchased at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the completion of the transaction, the chief financial officer now directly owns 2,956 shares of the company's stock, valued at approximately $472,960. This represents a 6.68 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 1.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MTN. Bank of America decreased their price objective on shares of Vail Resorts from $185.00 to $160.00 and set a "neutral" rating for the company in a research report on Monday, April 21st. Morgan Stanley lowered their price target on Vail Resorts from $197.00 to $178.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 11th. Barclays reaffirmed an "underweight" rating and issued a $152.00 price objective (down from $165.00) on shares of Vail Resorts in a research report on Monday, March 10th. Mizuho decreased their target price on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating on the stock in a report on Tuesday, March 11th. Finally, Macquarie cut their price target on Vail Resorts from $195.00 to $185.00 and set a "neutral" rating for the company in a report on Wednesday, March 12th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Vail Resorts presently has an average rating of "Hold" and an average price target of $190.20.

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.