Curi RMB Capital LLC Sells 2,931 Shares of Vail Resorts, Inc. (NYSE:MTN)

Curi RMB Capital LLC lowered its position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 3.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,303 shares of the company's stock after selling 2,931 shares during the quarter. Curi RMB Capital LLC owned 0.21% of Vail Resorts worth $13,473,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MTN. Signaturefd LLC raised its stake in Vail Resorts by 150.9% during the 2nd quarter. Signaturefd LLC now owns 138 shares of the company's stock valued at $25,000 after purchasing an additional 83 shares during the period. V Square Quantitative Management LLC purchased a new position in shares of Vail Resorts during the third quarter valued at $25,000. Capital Performance Advisors LLP acquired a new position in Vail Resorts during the third quarter valued at $25,000. Brown Brothers Harriman & Co. lifted its stake in 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 acquiring an additional 153 shares in the last quarter. Finally, UMB Bank n.a. boosted its position 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 acquiring an additional 121 shares during the period. Institutional investors and hedge funds own 94.94% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on MTN shares. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Vail Resorts from $218.00 to $194.00 and set a "hold" rating for the company in a research report on Monday, September 16th. Barclays dropped their price objective on shares of Vail Resorts from $161.00 to $155.00 and set an "underweight" rating on the stock in a research note on Friday, September 27th. StockNews.com lowered shares of Vail Resorts from a "hold" rating to a "sell" rating in a research note on Tuesday. Morgan Stanley upped their price target on shares of 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, Macquarie reissued a "neutral" rating and set a $180.00 price objective on shares of Vail Resorts in a research report on Wednesday, October 2nd. Three investment 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 company has a consensus rating of "Hold" and an average price target of $205.90.

Insider Buying and Selling

In other Vail Resorts news, CFO Angela A. Korch purchased 165 shares of the company's stock in a transaction on Thursday, October 3rd. The shares were bought at an average cost of $173.09 per share, with a total value of $28,559.85. Following the transaction, the chief financial officer now directly owns 2,187 shares in the company, valued at approximately $378,547.83. This represents a 8.16 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Robert A. Katz sold 9,296 shares of the 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 completion of the sale, the insider now directly 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. 1.20% of the stock is owned by insiders.

Vail Resorts Stock Down 0.9 %

Vail Resorts stock traded down $1.54 during mid-day trading on Thursday, hitting $178.31. 358,443 shares of the company's stock were exchanged, compared to its average volume of 522,577. Vail Resorts, Inc. has a 1-year low of $165.00 and a 1-year high of $236.92. The stock has a 50 day moving average of $175.82 and a two-hundred day moving average of $180.71. The stock has a market cap of $6.68 billion, a P/E ratio of 29.82, a P/E/G ratio of 1.75 and a beta of 1.13. 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 issued its quarterly earnings data on Thursday, September 26th. The company reported ($4.67) EPS for the quarter, missing analysts' consensus estimates of ($4.28) by ($0.39). Vail Resorts had a net margin of 7.99% and a return on equity of 20.76%. The company had revenue of $265.39 million for the quarter, compared to analyst estimates of $264.84 million. During the same period in the prior year, the company posted ($3.35) EPS. The business's revenue was down 1.6% on a year-over-year basis. As a group, analysts anticipate that Vail Resorts, Inc. will post 7.27 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were paid a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date of this dividend was Tuesday, October 8th. Vail Resorts's payout ratio is 147.26%.

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.