XTX Topco Ltd Invests $503,000 in Vail Resorts, Inc. (NYSE:MTN)

XTX Topco Ltd bought a new stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,682 shares of the company's stock, valued at approximately $503,000.

A number of other hedge funds have also added to or reduced their stakes in MTN. Wilmington Savings Fund Society FSB bought a new stake in shares of Vail Resorts in the 3rd quarter valued at $87,000. Inspire Trust Co. N.A. grew its stake in shares of Vail Resorts by 33.8% in the 3rd quarter. Inspire Trust Co. N.A. now owns 7,800 shares of the company's stock valued at $1,359,000 after buying an additional 1,970 shares during the period. Everence Capital Management Inc. bought a new stake in Vail Resorts in the 4th quarter valued at about $347,000. Green Alpha Advisors LLC raised its stake in Vail Resorts by 101.3% during the 4th quarter. Green Alpha Advisors LLC now owns 6,112 shares of the company's stock worth $1,146,000 after buying an additional 3,075 shares during the period. Finally, Eagle Bay Advisors LLC bought a new position in Vail Resorts in the fourth quarter worth approximately $40,000. 94.94% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CFO Angela A. Korch purchased 185 shares of the firm's stock in a transaction dated 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 owns 2,956 shares in the company, valued at $472,960. This trade represents a 6.68 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 1.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on MTN shares. Macquarie reduced their price target on shares of Vail Resorts from $195.00 to $185.00 and set a "neutral" rating for the company in a research report on Wednesday, March 12th. Bank of America lowered their target price on shares of Vail Resorts from $185.00 to $160.00 and set a "neutral" rating on the stock in a report on Monday. JPMorgan Chase & Co. lifted 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. 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. Finally, Barclays reaffirmed an "underweight" rating and set a $152.00 price objective (down from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $190.20.

Vail Resorts Stock Performance

Shares of NYSE MTN traded up $0.75 during trading on Thursday, reaching $139.52. 557,699 shares of the stock traded hands, compared to its average volume of 581,133. The company has a 50-day moving average of $152.99 and a 200-day moving average of $169.00. Vail Resorts, Inc. has a 52-week low of $129.85 and a 52-week high of $206.38. The stock has a market capitalization of $5.21 billion, a P/E ratio of 23.18, a price-to-earnings-growth 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 (NYSE:MTN - Get Free Report) last posted its earnings results on Monday, March 10th. The company reported $6.56 earnings per share for the quarter, topping the consensus estimate of $6.29 by $0.27. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company's revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the company earned $5.76 earnings per share. Analysts forecast that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently declared 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. This represents a $8.88 annualized dividend and a dividend yield of 6.36%. The ex-dividend date of this dividend was Thursday, March 27th. Vail Resorts's dividend payout ratio is presently 130.21%.

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.