V Square Quantitative Management LLC Has $94,000 Stock Holdings in Vail Resorts, Inc. (NYSE:MTN)

V Square Quantitative Management LLC lifted its position in Vail Resorts, Inc. (NYSE:MTN) by 72.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 439 shares of the company’s stock after buying an additional 184 shares during the quarter. V Square Quantitative Management LLC’s holdings in Vail Resorts were worth $94,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of MTN. International Assets Investment Management LLC grew its position in shares of Vail Resorts by 14,502.1% in the fourth quarter. International Assets Investment Management LLC now owns 48,041 shares of the company’s stock valued at $10,255,000 after purchasing an additional 47,712 shares during the last quarter. Oak Thistle LLC bought a new position in Vail Resorts in the 4th quarter worth approximately $1,533,000. Nordea Investment Management AB increased its position in Vail Resorts by 2,451.9% in the 4th quarter. Nordea Investment Management AB now owns 417,293 shares of the company’s stock worth $89,931,000 after buying an additional 400,941 shares during the period. Galibier Capital Management Ltd. acquired a new position in shares of Vail Resorts during the fourth quarter worth approximately $3,932,000. Finally, Junto Capital Management LP bought a new stake in shares of Vail Resorts in the fourth quarter valued at approximately $14,011,000. 94.94% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MTN has been the subject of several research analyst reports. Bank of America cut shares of Vail Resorts from a “buy” rating to a “neutral” rating and cut their target price for the company from $285.00 to $250.00 in a research note on Friday, March 8th. Morgan Stanley cut their price objective on shares of Vail Resorts from $229.00 to $179.00 and set an “equal weight” rating for the company in a research report on Friday, June 7th. Mizuho decreased their target price on Vail Resorts from $256.00 to $231.00 and set a “buy” rating on the stock in a research report on Friday, June 7th. JPMorgan Chase & Co. cut Vail Resorts from a “neutral” rating to an “underweight” rating and cut their price target for the company from $217.00 to $176.00 in a report on Friday, June 7th. Finally, Stifel Nicolaus decreased their price objective on Vail Resorts from $262.00 to $259.00 and set a “buy” rating on the stock in a report on Friday, June 7th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $221.50.

Insider Buying and Selling at Vail Resorts

In other news, CFO Angela A. Korch acquired 575 shares of the firm’s stock in a transaction on Monday, June 10th. The shares were purchased at an average cost of $176.20 per share, with a total value of $101,315.00. Following the completion of the purchase, the chief financial officer now owns 1,171 shares of the company’s stock, valued at $206,330.20. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.20% of the company’s stock.

Vail Resorts Trading Up 1.3 %

MTN stock opened at $178.28 on Tuesday. Vail Resorts, Inc. has a 1-year low of $165.14 and a 1-year high of $254.78. The company has a current ratio of 1.18, a quick ratio of 1.08 and a debt-to-equity ratio of 2.04. The business’s 50 day moving average is $199.67 and its 200-day moving average is $214.41. The firm has a market cap of $6.71 billion, a P/E ratio of 24.26, a P/E/G ratio of 2.85 and a beta of 1.14.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Thursday, June 6th. The company reported $9.54 earnings per share for the quarter, missing analysts’ consensus estimates of $9.94 by ($0.40). The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.31 billion. Vail Resorts had a net margin of 9.59% and a return on equity of 23.41%. Equities analysts anticipate that Vail Resorts, Inc. will post 6.62 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 10th. Investors of record on Tuesday, June 25th will be issued a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 4.98%. The ex-dividend date of this dividend is Tuesday, June 25th. Vail Resorts’s dividend payout ratio is currently 120.82%.

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.