Vail Resorts, Inc. (NYSE:MTN) Shares Acquired by Xponance Inc.

Xponance Inc. grew its position in Vail Resorts, Inc. (NYSE:MTN) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,133 shares of the company’s stock after purchasing an additional 196 shares during the period. Xponance Inc.’s holdings in Vail Resorts were worth $1,337,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bamco Inc. NY lifted its position in Vail Resorts by 2.7% during the 3rd quarter. Bamco Inc. NY now owns 5,185,136 shares of the company’s stock worth $903,717,000 after acquiring an additional 136,328 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Vail Resorts by 4.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,202,176 shares of the company’s stock worth $225,348,000 after acquiring an additional 47,417 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Vail Resorts by 8.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 686,984 shares of the company’s stock worth $119,734,000 after acquiring an additional 51,438 shares in the last quarter. Geode Capital Management LLC lifted its position in Vail Resorts by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 649,624 shares of the company’s stock worth $113,252,000 after acquiring an additional 8,422 shares in the last quarter. Finally, First Pacific Advisors LP lifted its position in Vail Resorts by 12.4% during the 4th quarter. First Pacific Advisors LP now owns 522,285 shares of the company’s stock worth $97,902,000 after acquiring an additional 57,484 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Vail Resorts Price Performance

Shares of NYSE MTN opened at $160.43 on Friday. Vail Resorts, Inc. has a twelve month low of $151.99 and a twelve month high of $233.57. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. The company has a market capitalization of $5.99 billion, a price-to-earnings ratio of 26.65, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. The business has a 50 day simple moving average of $165.52 and a 200-day simple moving average of $174.87.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, March 10th. The company reported $6.56 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 21.90% and a net margin of 8.07%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the business earned $5.76 EPS. As a group, equities research analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 27th will be paid a dividend of $2.22 per share. The ex-dividend date is Thursday, March 27th. This represents a $8.88 dividend on an annualized basis and a yield of 5.54%. Vail Resorts’s payout ratio is currently 130.21%.

Insider Buying and Selling

In related news, CFO Angela A. Korch acquired 185 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the purchase, 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 ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 1.20% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on MTN shares. Morgan Stanley dropped their price objective on Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 11th. JPMorgan Chase & Co. lifted their price objective on Vail Resorts from $166.00 to $167.00 and gave the stock an “underweight” rating in a report on Tuesday, March 11th. Mizuho dropped their price objective on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. Deutsche Bank Aktiengesellschaft lifted their price objective on Vail Resorts from $185.00 to $196.00 and gave the stock a “hold” rating in a report on Monday, December 9th. Finally, Macquarie dropped their price objective on Vail Resorts from $195.00 to $185.00 and set a “neutral” rating on the stock in a report on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $193.56.

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.