Dimensional Fund Advisors LP Decreases Stake in Vail Resorts, Inc. (MTN)

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Dimensional Fund Advisors LP lessened its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 6.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 200,095 shares of the company’s stock after selling 12,836 shares during the period. Dimensional Fund Advisors LP’s holdings in Vail Resorts were worth $42,186,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Exane Derivatives increased its position in Vail Resorts by 3,080.0% during the 4th quarter. Exane Derivatives now owns 159 shares of the company’s stock valued at $34,000 after buying an additional 154 shares in the last quarter. Westside Investment Management Inc. increased its position in Vail Resorts by 700.0% during the 4th quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock valued at $42,000 after buying an additional 175 shares in the last quarter. Oakworth Capital Inc. increased its position in Vail Resorts by 100.0% during the 4th quarter. Oakworth Capital Inc. now owns 200 shares of the company’s stock valued at $42,000 after buying an additional 100 shares in the last quarter. Flagship Harbor Advisors LLC increased its position in Vail Resorts by 526.7% during the 4th quarter. Flagship Harbor Advisors LLC now owns 282 shares of the company’s stock valued at $59,000 after buying an additional 237 shares in the last quarter. Finally, Quattro Financial Advisors LLC bought a new position in Vail Resorts during the 4th quarter valued at approximately $55,000. 94.33% of the stock is owned by institutional investors.

A number of research firms recently weighed in on MTN. Zacks Investment Research raised Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday. Macquarie lowered Vail Resorts from an “outperform” rating to a “neutral” rating and set a $221.62 target price for the company. in a report on Thursday, April 4th. KeyCorp lifted their target price on Vail Resorts from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, April 1st. Stifel Nicolaus lifted their target price on Vail Resorts from $215.00 to $219.00 and gave the stock a “hold” rating in a report on Monday, March 11th. Finally, SunTrust Banks assumed coverage on Vail Resorts in a report on Friday, April 26th. They issued a “buy” rating and a $242.00 target price for the company. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Vail Resorts currently has a consensus rating of “Hold” and an average target price of $254.06.

In other news, EVP David T. Shapiro sold 5,312 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $213.51, for a total value of $1,134,165.12. Following the transaction, the executive vice president now directly owns 4,573 shares in the company, valued at approximately $976,381.23. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Peter A. Vaughn sold 1,000 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $216.47, for a total value of $216,470.00. Following the completion of the transaction, the director now owns 8,372 shares in the company, valued at $1,812,286.84. The disclosure for this sale can be found here. 2.90% of the stock is currently owned by company insiders.

Vail Resorts stock opened at $214.41 on Monday. The firm has a market capitalization of $8.52 billion, a price-to-earnings ratio of 34.09, a price-to-earnings-growth ratio of 2.09 and a beta of 0.66. Vail Resorts, Inc. has a 12 month low of $179.60 and a 12 month high of $302.76. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.55 and a quick ratio of 0.41.

Vail Resorts (NYSE:MTN) last posted its earnings results on Friday, March 8th. The company reported $5.02 EPS for the quarter, topping the Zacks’ consensus estimate of $4.79 by $0.23. The business had revenue of $849.60 million during the quarter, compared to analyst estimates of $841.76 million. Vail Resorts had a return on equity of 15.93% and a net margin of 12.76%. The company’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter last year, the company earned $4.12 EPS. Equities research analysts forecast that Vail Resorts, Inc. will post 6.98 earnings per share for the current year.

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Vail Resorts Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 11 mountain resorts, including Vail Mountain, Breckenridge Ski, Keystone, and Beaver Creek resorts in Colorado; Park City resort in Utah; Heavenly Mountain, Northstar, and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Vermont; and Perisher in Australia, as well as 3 urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

Further Reading: Asset Allocation Models, Which is Right For You?

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Institutional Ownership by Quarter for Vail Resorts (NYSE:MTN)

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