Epoch Investment Partners Inc. Buys 15,246 Shares of Vail Resorts, Inc. (NYSE:MTN)

Epoch Investment Partners Inc. boosted its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 6.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 242,887 shares of the company’s stock after buying an additional 15,246 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.65% of Vail Resorts worth $43,751,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP raised its stake in shares of Vail Resorts by 2.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 259,239 shares of the company’s stock valued at $55,347,000 after acquiring an additional 6,336 shares in the last quarter. Quadrant Capital Group LLC lifted its holdings in shares of Vail Resorts by 31.1% in the 4th quarter. Quadrant Capital Group LLC now owns 358 shares of the company’s stock worth $76,000 after buying an additional 85 shares during the period. Norges Bank bought a new position in shares of Vail Resorts during the 4th quarter worth $85,704,000. Nomura Asset Management Co. Ltd. increased its stake in shares of Vail Resorts by 11.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 11,631 shares of the company’s stock valued at $2,483,000 after buying an additional 1,176 shares during the period. Finally, Johnson Financial Group Inc. bought a new stake in shares of Vail Resorts in the fourth quarter valued at about $89,000. 94.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MTN shares. Morgan Stanley cut their target price on shares of Vail Resorts from $229.00 to $179.00 and set an “equal weight” rating on the stock in a research report on Friday, June 7th. Barclays reduced their price objective on shares of Vail Resorts from $201.00 to $161.00 and set an “underweight” rating for the company in a research note on Friday, June 7th. Mizuho dropped 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. Stifel Nicolaus reiterated a “buy” rating and issued a $223.00 price target (down from $259.00) on shares of Vail Resorts in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Vail Resorts from $218.00 to $194.00 and set a “hold” rating for the company in a research note on Monday, September 16th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $213.00.

Vail Resorts Trading Down 1.1 %

Vail Resorts stock opened at $185.00 on Monday. Vail Resorts, Inc. has a one year low of $165.14 and a one year high of $250.31. The stock has a market cap of $6.96 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 2.38 and a beta of 1.14. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.08 and a current ratio of 1.18. The stock has a 50-day moving average of $179.10 and a two-hundred day moving average of $192.89.

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.