Vail Resorts, Inc. (NYSE:MTN) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund reduced its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 8.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 22,821 shares of the company’s stock after selling 2,000 shares during the period. New York State Common Retirement Fund owned approximately 0.06% of Vail Resorts worth $4,278,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MTN. Creative Planning grew its position in Vail Resorts by 16.3% during the 3rd quarter. Creative Planning now owns 2,522 shares of the company’s stock worth $440,000 after purchasing an additional 354 shares during the period. International Assets Investment Management LLC grew its position in Vail Resorts by 8,290.7% during the 3rd quarter. International Assets Investment Management LLC now owns 40,443 shares of the company’s stock worth $7,049,000 after purchasing an additional 39,961 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in Vail Resorts by 29.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,850 shares of the company’s stock worth $322,000 after purchasing an additional 425 shares during the period. DekaBank Deutsche Girozentrale grew its position in Vail Resorts by 656.5% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 6,415 shares of the company’s stock worth $1,145,000 after purchasing an additional 5,567 shares during the period. Finally, State of Alaska Department of Revenue grew its position in Vail Resorts by 7.2% during the 3rd quarter. State of Alaska Department of Revenue now owns 4,410 shares of the company’s stock worth $768,000 after purchasing an additional 295 shares during the period. 94.94% of the stock is owned by institutional investors and hedge funds.

Vail Resorts Trading Up 2.1 %

Shares of Vail Resorts stock opened at $159.14 on Friday. The firm has a market capitalization of $5.96 billion, a PE ratio of 26.44, a P/E/G ratio of 1.93 and a beta of 1.11. Vail Resorts, Inc. has a twelve month low of $154.27 and a twelve month high of $235.81. The firm’s 50-day moving average price is $172.98 and its 200 day moving average price is $176.84. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64.

Vail Resorts (NYSE:MTN) last released its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, topping analysts’ consensus estimates of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business 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 posted ($4.60) EPS. The business’s revenue was up .7% on a year-over-year basis. On average, sell-side analysts predict that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date was Thursday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is 147.51%.

Analyst Ratings Changes

Several equities research analysts have weighed in on MTN shares. UBS Group started coverage on Vail Resorts in a research report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price target on the stock. Barclays raised their target price on Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research report on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft raised 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. Stifel Nicolaus raised their target price on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Finally, StockNews.com upgraded Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $204.50.

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.