Vail Resorts, Inc. (NYSE:MTN) Shares Bought by Aurora Investment Counsel

Aurora Investment Counsel grew its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 24.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,812 shares of the company’s stock after purchasing an additional 2,532 shares during the period. Vail Resorts makes up 1.4% of Aurora Investment Counsel’s portfolio, making the stock its 16th biggest holding. Aurora Investment Counsel’s holdings in Vail Resorts were worth $2,308,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Hsbc Holdings PLC grew its position in Vail Resorts by 3.6% in the fourth quarter. Hsbc Holdings PLC now owns 42,151 shares of the company’s stock worth $9,000,000 after buying an additional 1,467 shares during the last quarter. TD Asset Management Inc raised its position in shares of Vail Resorts by 16.9% during the fourth quarter. TD Asset Management Inc now owns 21,413 shares of the company’s stock worth $4,571,000 after purchasing an additional 3,096 shares during the period. Bank of Nova Scotia lifted its holdings in shares of Vail Resorts by 93.1% during the fourth quarter. Bank of Nova Scotia now owns 1,840 shares of the company’s stock valued at $393,000 after purchasing an additional 887 shares during the last quarter. Rathbones Group PLC boosted its position in shares of Vail Resorts by 2.3% in the 4th quarter. Rathbones Group PLC now owns 8,552 shares of the company’s stock valued at $1,826,000 after purchasing an additional 195 shares during the period. Finally, Eisler Capital UK Ltd. purchased a new position in Vail Resorts in the 4th quarter worth about $1,199,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on MTN. Morgan Stanley upped their price objective on shares of Vail Resorts from $179.00 to $182.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 25th. Mizuho decreased their price objective on shares of Vail Resorts from $256.00 to $231.00 and set a “buy” rating for the company in a research note on Friday, June 7th. JPMorgan Chase & Co. downgraded shares of Vail Resorts from a “neutral” rating to an “underweight” rating and cut their target price for the company from $217.00 to $176.00 in a research note on Friday, June 7th. StockNews.com cut Vail Resorts from a “hold” rating to a “sell” rating in a research report on Friday. Finally, Stifel Nicolaus lowered their price target on Vail Resorts from $223.00 to $216.00 and set a “buy” rating on the stock in a report on Friday. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $211.75.

Vail Resorts Stock Performance

Shares of NYSE MTN opened at $174.29 on Tuesday. Vail Resorts, Inc. has a one year low of $165.14 and a one year high of $236.92. The business’s 50-day moving average price is $179.41 and its two-hundred day moving average price is $191.18. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.18 and a quick ratio of 1.08. The company has a market capitalization of $6.56 billion, a P/E ratio of 23.71, a price-to-earnings-growth ratio of 2.48 and a beta of 1.14.

Vail Resorts (NYSE:MTN) last released its quarterly earnings data on Thursday, September 26th. The company reported ($4.67) EPS for the quarter, missing analysts’ consensus estimates of ($4.28) by ($0.39). The firm had revenue of $265.39 million during the quarter, compared to analyst estimates of $264.84 million. Vail Resorts had a return on equity of 20.33% and a net margin of 7.99%. The company’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the company posted ($3.35) EPS. Analysts anticipate that Vail Resorts, Inc. will post 8.16 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th will be issued a dividend of $2.22 per share. The ex-dividend date is Tuesday, October 8th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.09%. 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.