GSA Capital Partners LLP Grows Holdings in Vail Resorts, Inc. (NYSE:MTN)

GSA Capital Partners LLP increased its position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 555.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,610 shares of the company's stock after buying an additional 6,449 shares during the period. GSA Capital Partners LLP's holdings in Vail Resorts were worth $1,326,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. TPG GP A LLC raised its stake in Vail Resorts by 17.4% during the second quarter. TPG GP A LLC now owns 899,446 shares of the company's stock worth $162,017,000 after buying an additional 133,607 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Vail Resorts by 673.1% in the second quarter. The Manufacturers Life Insurance Company now owns 635,546 shares of the company's stock valued at $114,481,000 after purchasing an additional 553,337 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Vail Resorts by 36.3% in the second quarter. Dimensional Fund Advisors LP now owns 356,386 shares of the company's stock valued at $64,195,000 after purchasing an additional 94,923 shares in the last quarter. First Pacific Advisors LP bought a new stake in Vail Resorts in the second quarter valued at $62,466,000. Finally, River Road Asset Management LLC increased its stake in Vail Resorts by 606.6% in the third quarter. River Road Asset Management LLC now owns 341,311 shares of the company's stock valued at $59,487,000 after purchasing an additional 293,006 shares in the last quarter. Institutional investors own 94.94% of the company's stock.

Vail Resorts Stock Down 1.3 %

Vail Resorts stock traded down $2.27 during midday trading on Thursday, hitting $177.58. 86,101 shares of the stock were exchanged, compared to its average volume of 521,345. Vail Resorts, Inc. has a 52-week low of $165.00 and a 52-week high of $236.92. The stock has a market capitalization of $6.66 billion, a price-to-earnings ratio of 29.82, a price-to-earnings-growth ratio of 1.75 and a beta of 1.13. The business's 50-day moving average price is $175.82 and its 200-day moving average price is $180.71. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 2.62.

Vail Resorts (NYSE:MTN - Get Free Report) last released 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). The firm had revenue of $265.39 million for the quarter, compared to analysts' expectations 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 last year, the firm posted ($3.35) earnings per share. On average, research analysts expect that Vail Resorts, Inc. will post 7.27 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were given a $2.22 dividend. This represents a $8.88 annualized dividend and a dividend yield of 5.00%. The ex-dividend date was Tuesday, October 8th. Vail Resorts's dividend payout ratio (DPR) is currently 147.26%.

Insider Activity

In other news, insider Robert A. Katz sold 9,296 shares of the business's stock in a transaction that occurred 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 owns 245,961 shares of the company's stock, valued at $43,284,216.78. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, insider Robert A. Katz sold 9,296 shares of the company's 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 sale, the insider now owns 245,961 shares of the company's stock, valued at approximately $43,284,216.78. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Angela A. Korch bought 165 shares of the firm's stock in a transaction that occurred on Thursday, October 3rd. The shares were purchased at an average cost of $173.09 per share, for a total transaction of $28,559.85. Following the acquisition, the chief financial officer now directly owns 2,187 shares in the company, valued at $378,547.83. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders own 1.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Barclays decreased their price target on shares of Vail Resorts from $161.00 to $155.00 and set an "underweight" rating for the company in a research note on Friday, September 27th. UBS Group began coverage on shares of Vail Resorts in a research note on Thursday. They issued a "neutral" rating and a $185.00 price target for the company. Macquarie reiterated a "neutral" rating and set a $180.00 price objective on shares of Vail Resorts in a report on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Vail Resorts from $218.00 to $194.00 and set a "hold" rating for the company in a report on Monday, September 16th. Finally, Stifel Nicolaus reduced their price objective on shares of Vail Resorts from $223.00 to $216.00 and set a "buy" rating for the company in a report on Friday, September 27th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $205.90.

About Vail Resorts

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.