Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors lessened its holdings in Vail Resorts, Inc. (NYSE:MTN) by 30.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,654 shares of the company’s stock after selling 709 shares during the quarter. Captrust Financial Advisors’ holdings in Vail Resorts were worth $310,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Bamco Inc. NY grew its holdings in Vail Resorts by 2.0% during the 4th quarter. Bamco Inc. NY now owns 5,290,546 shares of the company’s stock valued at $991,713,000 after purchasing an additional 105,410 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in Vail Resorts by 38.2% during the 4th quarter. Benjamin Edwards Inc. now owns 2,657 shares of the company’s stock worth $498,000 after acquiring an additional 734 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Vail Resorts by 3.5% during the 4th quarter. Ameriprise Financial Inc. now owns 68,294 shares of the company’s stock worth $12,806,000 after acquiring an additional 2,310 shares in the last quarter. Ariel Investments LLC grew its holdings in Vail Resorts by 8.6% during the 4th quarter. Ariel Investments LLC now owns 265,338 shares of the company’s stock worth $49,738,000 after acquiring an additional 21,020 shares in the last quarter. Finally, Gallagher Fiduciary Advisors LLC grew its holdings in Vail Resorts by 17.4% during the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 4,168 shares of the company’s stock worth $781,000 after acquiring an additional 618 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Insider Activity at Vail Resorts

In other news, CFO Angela A. Korch acquired 185 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the transaction, the chief financial officer now directly 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 document filed with the Securities & Exchange Commission, which is accessible through this link. 1.20% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MTN. Barclays reissued 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. Mizuho decreased their price objective on shares of Vail Resorts from $227.00 to $215.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Morgan Stanley set a $152.00 price objective on shares of Vail Resorts in a report on Friday, April 25th. Bank of America decreased their price objective on shares of Vail Resorts from $185.00 to $160.00 and set a “neutral” rating for the company in a report on Monday, April 21st. Finally, Macquarie decreased their price objective on shares of Vail Resorts from $195.00 to $185.00 and set a “neutral” rating for the company in a report on Wednesday, March 12th. Two investment 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 company currently has a consensus rating of “Hold” and a consensus target price of $187.60.

Vail Resorts Trading Down 1.0%

NYSE MTN opened at $150.76 on Wednesday. Vail Resorts, Inc. has a one year low of $129.85 and a one year high of $201.93. The company has a 50-day simple moving average of $147.51 and a 200-day simple moving average of $165.61. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. The firm has a market capitalization of $5.63 billion, a PE ratio of 25.04, a price-to-earnings-growth ratio of 1.93 and a beta of 0.91.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data 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. The firm had revenue of $1.14 billion for 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%. Vail Resorts’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $5.76 EPS. On average, equities analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were given a $2.22 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $8.88 annualized dividend and a yield of 5.89%. Vail Resorts’s dividend payout ratio is presently 130.21%.

Vail Resorts Company 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.