ETRADE Capital Management LLC lifted its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 100.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,513 shares of the company’s stock after purchasing an additional 2,267 shares during the quarter. ETRADE Capital Management LLC’s holdings in Vail Resorts were worth $959,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also made changes to their positions in the stock. Public Employees Retirement Association of Colorado grew its position in shares of Vail Resorts by 0.4% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 65,377 shares of the company’s stock valued at $13,891,000 after buying an additional 268 shares during the last quarter. Aperio Group LLC grew its position in shares of Vail Resorts by 2.9% during the 4th quarter. Aperio Group LLC now owns 10,026 shares of the company’s stock valued at $2,130,000 after buying an additional 280 shares during the last quarter. Texas Yale Capital Corp. grew its position in shares of Vail Resorts by 5.2% during the 3rd quarter. Texas Yale Capital Corp. now owns 6,475 shares of the company’s stock valued at $1,477,000 after buying an additional 320 shares during the last quarter. Brown Advisory Inc. grew its position in shares of Vail Resorts by 9.5% during the 4th quarter. Brown Advisory Inc. now owns 3,728 shares of the company’s stock valued at $792,000 after buying an additional 322 shares during the last quarter. Finally, Congress Asset Management Co. MA grew its position in shares of Vail Resorts by 0.9% during the 4th quarter. Congress Asset Management Co. MA now owns 40,569 shares of the company’s stock valued at $8,620,000 after buying an additional 362 shares during the last quarter. 94.92% of the stock is owned by institutional investors and hedge funds.
A number of equities research analysts recently weighed in on MTN shares. Zacks Investment Research downgraded shares of Vail Resorts from a “hold” rating to a “sell” rating in a research report on Monday, December 11th. Deutsche Bank assumed coverage on shares of Vail Resorts in a research note on Wednesday, December 13th. They set a “buy” rating and a $265.00 target price for the company. Bank of America boosted their target price on shares of Vail Resorts from $245.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 10th. MKM Partners reduced their target price on shares of Vail Resorts to $252.00 and set a “buy” rating for the company in a research note on Tuesday, January 16th. Finally, Stifel Nicolaus boosted their target price on shares of Vail Resorts from $232.00 to $235.00 and gave the company a “hold” rating in a research note on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $250.67.
Vail Resorts, Inc. (MTN) opened at $226.99 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.41 and a current ratio of 0.56. The stock has a market cap of $9,170.00, a PE ratio of 35.58 and a beta of 0.55. Vail Resorts, Inc. has a one year low of $179.72 and a one year high of $237.77.
Vail Resorts (NYSE:MTN) last posted its earnings results on Thursday, March 8th. The company reported $4.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.55 by $0.57. The firm had revenue of $734.58 million during the quarter, compared to analyst estimates of $716.72 million. Vail Resorts had a net margin of 12.55% and a return on equity of 12.28%. Vail Resorts’s revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $3.63 EPS. equities research analysts predict that Vail Resorts, Inc. will post 6.81 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Tuesday, March 27th will be paid a $1.47 dividend. This is a positive change from Vail Resorts’s previous quarterly dividend of $1.05. This represents a $5.88 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date is Monday, March 26th. Vail Resorts’s dividend payout ratio is currently 65.99%.
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Vail Resorts Company Profile
Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. Its Mountain segment operates over 10 mountain resort properties and approximately three urban ski areas, as well as ancillary services, primarily including, ski school, dining, and retail/rental operations.
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