Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. cut its stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 15.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 344,541 shares of the company's stock after selling 64,899 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.92% of Vail Resorts worth $64,584,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MTN shares. Bank of America dropped their price objective on shares of Vail Resorts from $185.00 to $160.00 and set a "neutral" rating on the stock in a research note on Monday. Morgan Stanley decreased their price target on shares of Vail Resorts from $197.00 to $178.00 and set an "equal weight" rating for the company in a report on Tuesday, March 11th. JPMorgan Chase & Co. boosted their price target on Vail Resorts from $166.00 to $167.00 and gave the company an "underweight" rating in a research note on Tuesday, March 11th. Macquarie dropped their price objective on shares of Vail Resorts from $195.00 to $185.00 and set a "neutral" rating on the stock in a report on Wednesday, March 12th. Finally, Mizuho decreased their price target on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. 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's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $190.20.

Vail Resorts Trading Up 2.1 %

NYSE:MTN traded up $2.91 on Wednesday, reaching $138.62. The company's stock had a trading volume of 839,754 shares, compared to its average volume of 580,264. The firm has a market cap of $5.18 billion, a price-to-earnings ratio of 23.03, a price-to-earnings-growth ratio of 1.93 and a beta of 0.93. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. Vail Resorts, Inc. has a 12-month low of $129.85 and a 12-month high of $206.55. The stock has a 50 day moving average price of $153.52 and a 200 day moving average price of $169.22.

Vail Resorts (NYSE:MTN - Get Free Report) last released its earnings results on Monday, March 10th. The company reported $6.56 earnings per share for the quarter, beating the consensus estimate of $6.29 by $0.27. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the previous year, the company posted $5.76 EPS. Vail Resorts's revenue was up 5.5% compared to the same quarter last year. On average, equities analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were given a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $8.88 annualized dividend and a dividend yield of 6.41%. Vail Resorts's dividend payout ratio (DPR) is currently 130.21%.

Insider Activity at Vail Resorts

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

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.