State of Alaska Department of Revenue Cuts Holdings in Vail Resorts, Inc. (NYSE:MTN)

State of Alaska Department of Revenue lowered its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 3.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,275 shares of the company’s stock after selling 135 shares during the period. State of Alaska Department of Revenue’s holdings in Vail Resorts were worth $801,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Creative Planning grew its position in shares of Vail Resorts by 16.3% in the 3rd quarter. Creative Planning now owns 2,522 shares of the company’s stock worth $440,000 after buying an additional 354 shares during the last quarter. Bleakley Financial Group LLC grew its holdings in Vail Resorts by 9.1% in the third quarter. Bleakley Financial Group LLC now owns 3,214 shares of the company’s stock worth $560,000 after purchasing an additional 269 shares during the last quarter. Marathon Asset Management Ltd acquired a new position in shares of Vail Resorts during the third quarter worth $14,908,000. Aurora Investment Managers LLC. lifted its holdings in shares of Vail Resorts by 16.8% during the 3rd quarter. Aurora Investment Managers LLC. now owns 9,665 shares of the company’s stock valued at $1,685,000 after purchasing an additional 1,392 shares during the last quarter. Finally, V Square Quantitative Management LLC acquired a new stake in shares of Vail Resorts in the 3rd quarter worth $25,000. Institutional investors own 94.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upped their target price on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a research report on Monday, December 9th. StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. UBS Group began coverage on shares of Vail Resorts in a research report on Thursday, November 14th. They set a “neutral” rating and a $185.00 target price on the stock. Morgan Stanley reaffirmed an “equal weight” rating and issued a $197.00 price target on shares of Vail Resorts in a report on Monday, December 23rd. Finally, Barclays boosted their price objective on shares of Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a report on Tuesday, December 10th. 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $204.50.

Vail Resorts Price Performance

NYSE:MTN opened at $165.02 on Friday. The firm’s fifty day moving average is $179.04 and its two-hundred day moving average is $177.88. The firm has a market cap of $6.18 billion, a price-to-earnings ratio of 27.41, a PEG ratio of 2.07 and a beta of 1.11. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. Vail Resorts, Inc. has a one year low of $164.35 and a one year high of $236.92.

Vail Resorts (NYSE:MTN) last posted its earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm had revenue of $260.28 million for the quarter, compared to analyst estimates of $251.45 million. During the same period last year, the company earned ($4.60) earnings per share. Vail Resorts’s revenue for the quarter was up .7% compared to the same quarter last year. Research analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were issued a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 5.38%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is 147.51%.

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.