Vail Resorts, Inc. (NYSE:MTN) Shares Purchased by Fmr LLC

Fmr LLC grew its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 1,080.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 207,809 shares of the company’s stock after acquiring an additional 190,210 shares during the quarter. Fmr LLC owned about 0.55% of Vail Resorts worth $36,219,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Signaturefd LLC grew its position in Vail Resorts by 150.9% in the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after buying an additional 83 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Vail Resorts in the 3rd quarter worth approximately $25,000. Capital Performance Advisors LLP bought a new position in shares of Vail Resorts in the third quarter valued at approximately $25,000. Brown Brothers Harriman & Co. increased its stake in shares of Vail Resorts by 318.8% during the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock valued at $36,000 after acquiring an additional 153 shares during the period. Finally, UMB Bank n.a. raised its holdings in Vail Resorts by 123.5% during the third quarter. UMB Bank n.a. now owns 219 shares of the company’s stock worth $38,000 after purchasing an additional 121 shares in the last quarter. Institutional investors own 94.94% of the company’s stock.

Insider Buying and Selling at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch bought 165 shares of the firm’s stock in a transaction that occurred on Thursday, October 3rd. The stock was purchased at an average price of $173.09 per share, for a total transaction of $28,559.85. Following the purchase, the chief financial officer now directly owns 2,187 shares in the company, valued at $378,547.83. This trade represents a 8.16 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert A. Katz sold 9,296 shares of Vail Resorts stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $175.98, for a total value of $1,635,910.08. Following the completion of the transaction, the insider now directly owns 245,961 shares in the company, valued at approximately $43,284,216.78. This represents a 3.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

Vail Resorts Stock Down 0.3 %

Vail Resorts stock opened at $190.70 on Monday. The firm’s 50 day moving average price is $175.50 and its two-hundred day moving average price is $178.64. The firm has a market cap of $7.15 billion, a PE ratio of 31.63, a P/E/G ratio of 1.97 and a beta of 1.14. Vail Resorts, Inc. has a twelve month low of $165.00 and a twelve month high of $236.92. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.71 and a current ratio of 0.82.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Thursday, September 26th. The company reported ($4.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($4.28) by ($0.39). Vail Resorts had a return on equity of 20.76% and a net margin of 7.99%. The firm had revenue of $265.39 million for the quarter, compared to analysts’ expectations of $264.84 million. During the same quarter in the prior year, the business posted ($3.35) earnings per share. Vail Resorts’s revenue was down 1.6% on a year-over-year basis. On average, research analysts predict that Vail Resorts, Inc. will post 7.23 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 4.66%. The ex-dividend date was Tuesday, October 8th. Vail Resorts’s payout ratio is 147.26%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on MTN shares. Deutsche Bank Aktiengesellschaft lowered their price target on Vail Resorts from $218.00 to $194.00 and set a “hold” rating on the stock in a research report on Monday, September 16th. Macquarie reaffirmed a “neutral” rating and set a $180.00 target price on shares of Vail Resorts in a report on Wednesday, October 2nd. Morgan Stanley upped their price target on shares of Vail Resorts from $179.00 to $182.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Barclays lowered their price objective on shares of Vail Resorts from $161.00 to $155.00 and set an “underweight” rating on the stock in a research note on Friday, September 27th. Finally, StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research note on Monday, December 2nd. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $205.90.

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.