Vail Resorts, Inc. (NYSE:MTN) Shares Bought by Green Alpha Advisors LLC

Green Alpha Advisors LLC raised its stake in Vail Resorts, Inc. (NYSE:MTN) by 101.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,112 shares of the company’s stock after buying an additional 3,075 shares during the quarter. Green Alpha Advisors LLC’s holdings in Vail Resorts were worth $1,146,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MTN. Qsemble Capital Management LP acquired a new position in Vail Resorts during the second quarter worth $405,000. BOKF NA boosted its position in shares of Vail Resorts by 451.1% in the 2nd quarter. BOKF NA now owns 2,006 shares of the company’s stock worth $361,000 after buying an additional 1,642 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of Vail Resorts by 8.0% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 17,961 shares of the company’s stock worth $3,235,000 after buying an additional 1,328 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Vail Resorts by 2.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 129,550 shares of the company’s stock valued at $23,336,000 after acquiring an additional 2,730 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in Vail Resorts by 318.8% during the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock worth $36,000 after acquiring an additional 153 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on MTN. Morgan Stanley reiterated an “equal weight” rating and issued a $197.00 price target on shares of Vail Resorts in a research report on Monday, December 23rd. Barclays increased their target price on Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a report on Tuesday, December 10th. Macquarie raised their price target on Vail Resorts from $180.00 to $195.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 11th. StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Finally, Stifel Nicolaus boosted their target price on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $205.50.

Vail Resorts Trading Down 0.6 %

NYSE MTN opened at $179.05 on Monday. The company has a market cap of $6.70 billion, a P/E ratio of 29.74, a P/E/G ratio of 2.22 and a beta of 1.12. Vail Resorts, Inc. has a 12 month low of $165.00 and a 12 month high of $236.92. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.71. The company has a 50-day moving average of $183.27 and a 200-day moving average of $179.04.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping the consensus estimate of ($4.99) by $0.38. The firm had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. Vail Resorts’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($4.60) earnings per share. As a group, equities analysts predict that Vail Resorts, Inc. will post 7.49 earnings per share for the current year.

Vail Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is presently 147.51%.

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.