Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC decreased its position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 94.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,477 shares of the company's stock after selling 101,812 shares during the quarter. Worldquant Millennium Advisors LLC's holdings in Vail Resorts were worth $955,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Stifel Financial Corp increased its position in shares of Vail Resorts by 47.6% in the 3rd quarter. Stifel Financial Corp now owns 21,131 shares of the company's stock valued at $3,683,000 after buying an additional 6,816 shares in the last quarter. Quadrature Capital Ltd bought a new position in Vail Resorts during the 3rd quarter worth about $765,000. Quarry LP grew its holdings in shares of Vail Resorts by 418.6% in the 3rd quarter. Quarry LP now owns 363 shares of the company's stock valued at $63,000 after acquiring an additional 293 shares in the last quarter. Point72 DIFC Ltd bought a new position in shares of Vail Resorts in the 3rd quarter valued at about $1,155,000. Finally, Point72 Asset Management L.P. acquired a new stake in Vail Resorts in the 3rd quarter valued at about $35,264,000. Institutional investors and hedge funds own 94.94% of the company's stock.

Insider Buying and Selling

In other Vail Resorts news, insider Robert A. Katz sold 9,296 shares of Vail Resorts stock in a transaction 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 $43,284,216.78. The trade was a 3.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Angela A. Korch purchased 165 shares of the stock in a transaction dated 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 transaction, the chief financial officer now owns 2,187 shares in the company, valued at approximately $378,547.83. The trade was a 8.16 % increase in their position. The disclosure for this purchase can be found here. 1.20% of the stock is owned by company insiders.

Vail Resorts Stock Performance

Shares of MTN stock remained flat at $190.70 during trading hours on Monday. 821,031 shares of the stock were exchanged, compared to its average volume of 529,693. 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, Inc. has a 52-week low of $165.00 and a 52-week high of $236.92. The firm has a market capitalization of $7.15 billion, a price-to-earnings ratio of 31.81, a PEG ratio of 1.97 and a beta of 1.14. The business has a 50 day moving average of $175.50 and a two-hundred day moving average of $178.64.

Vail Resorts (NYSE:MTN - Get Free Report) last released its quarterly earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($4.99) by $0.38. The company had revenue of $260.28 million for the quarter, compared to the consensus estimate of $251.45 million. Vail Resorts had a net margin of 7.99% and a return on equity of 20.76%. Vail Resorts's revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($4.60) earnings per share. Equities research analysts forecast that Vail Resorts, Inc. will post 7.23 EPS for the current year.

Vail Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were paid a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date of this dividend was Tuesday, October 8th. Vail Resorts's dividend payout ratio (DPR) is presently 147.26%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. StockNews.com upgraded shares of Vail Resorts from a "sell" rating to a "hold" rating in a research report on Monday, December 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Vail Resorts from $185.00 to $196.00 and gave the stock a "hold" rating in a research note on Monday. Barclays cut their price target on shares of Vail Resorts from $161.00 to $155.00 and set an "underweight" rating on the stock in a report on Friday, September 27th. Stifel Nicolaus dropped their target price on shares of Vail Resorts from $223.00 to $216.00 and set a "buy" rating on the stock in a report on Friday, September 27th. Finally, UBS Group began coverage on shares of Vail Resorts in a report on Thursday, November 14th. They issued a "neutral" rating and a $185.00 target price on the stock. Two equities research 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 stock presently has a consensus rating of "Hold" and a consensus target price of $206.10.

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.