Vail Resorts, Inc. (NYSE:MTN) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC trimmed its stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 18.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 157,971 shares of the company's stock after selling 34,641 shares during the quarter. AQR Capital Management LLC owned 0.42% of Vail Resorts worth $29,612,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of MTN. Northern Trust Corp increased its stake in Vail Resorts by 24.0% during the 4th quarter. Northern Trust Corp now owns 331,027 shares of the company's stock valued at $62,051,000 after purchasing an additional 64,079 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Vail Resorts by 42.1% during the fourth quarter. The Manufacturers Life Insurance Company now owns 976,468 shares of the company's stock valued at $183,039,000 after acquiring an additional 289,484 shares in the last quarter. Pinebridge Investments L.P. raised its holdings in Vail Resorts by 42.7% in the 4th quarter. Pinebridge Investments L.P. now owns 18,424 shares of the company's stock worth $3,454,000 after acquiring an additional 5,511 shares during the last quarter. Dark Forest Capital Management LP lifted its holdings in shares of Vail Resorts by 25.7% during the fourth quarter. Dark Forest Capital Management LP now owns 1,788 shares of the company's stock valued at $335,000 after purchasing an additional 366 shares in the last quarter. Finally, Uniplan Investment Counsel Inc. increased its holdings in Vail Resorts by 6.5% in the 4th quarter. Uniplan Investment Counsel Inc. now owns 61,581 shares of the company's stock worth $11,544,000 after buying an additional 3,745 shares in the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Mizuho decreased their target price on shares of Vail Resorts from $227.00 to $215.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. Morgan Stanley set a $152.00 target price on Vail Resorts in a research report on Friday, April 25th. Macquarie lowered their price objective on shares of Vail Resorts from $195.00 to $185.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 12th. JPMorgan Chase & Co. boosted their target price on shares of Vail Resorts from $166.00 to $167.00 and gave the company an "underweight" rating in a research report on Tuesday, March 11th. Finally, Bank of America dropped their price target on shares of Vail Resorts from $185.00 to $160.00 and set a "neutral" rating on the stock in a research note on Monday, April 21st. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $187.60.

Insiders Place Their Bets

In related news, CFO Angela A. Korch acquired 185 shares of the stock in a transaction dated Thursday, March 13th. The stock was acquired at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the completion of the purchase, the chief financial officer now owns 2,956 shares of the company's stock, valued at approximately $472,960. This represents a 6.68 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.20% of the stock is owned by company insiders.

Vail Resorts Price Performance

Shares of NYSE:MTN traded up $0.59 during trading on Friday, hitting $143.99. 127,227 shares of the company's stock were exchanged, compared to its average volume of 577,895. The business's 50-day simple moving average is $148.87 and its 200 day simple moving average is $166.64. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. Vail Resorts, Inc. has a 52-week low of $129.85 and a 52-week high of $206.38. The company has a market cap of $5.38 billion, a price-to-earnings ratio of 23.92, a PEG ratio of 1.93 and a beta of 0.91.

Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings results on Monday, March 10th. The company reported $6.56 EPS for the quarter, beating analysts' consensus estimates of $6.29 by $0.27. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the firm earned $5.76 EPS. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities analysts predict that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th were given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date was Thursday, March 27th. Vail Resorts's dividend payout ratio (DPR) is 130.21%.

Vail Resorts 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.