126,955 Shares in Vail Resorts, Inc. (NYSE:MTN) Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC bought a new stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 126,955 shares of the company's stock, valued at approximately $20,315,000. Sequoia Financial Advisors LLC owned approximately 0.34% of Vail Resorts as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bamco Inc. NY lifted its stake in Vail Resorts by 2.0% in the 4th quarter. Bamco Inc. NY now owns 5,290,546 shares of the company's stock valued at $991,713,000 after buying an additional 105,410 shares in the last quarter. Vanguard Group Inc. lifted its stake in Vail Resorts by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 3,716,657 shares of the company's stock valued at $696,687,000 after buying an additional 25,916 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Vail Resorts by 4.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,202,176 shares of the company's stock valued at $225,348,000 after buying an additional 47,417 shares in the last quarter. TPG GP A LLC raised its holdings in Vail Resorts by 19.9% in the 4th quarter. TPG GP A LLC now owns 1,036,487 shares of the company's stock valued at $194,289,000 after acquiring an additional 172,082 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in Vail Resorts by 42.1% in the 4th 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 during the last quarter. Hedge funds and other institutional investors own 94.94% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Barclays reiterated an "underweight" rating and issued a $152.00 price target (down from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Macquarie lowered their price target on Vail Resorts from $195.00 to $185.00 and set a "neutral" rating for the company in a report on Wednesday, March 12th. JPMorgan Chase & Co. raised shares of Vail Resorts from an "underweight" rating to a "neutral" rating and set a $167.00 price objective for the company in a research report on Wednesday, May 28th. Bank of America increased their price target on shares of Vail Resorts from $160.00 to $175.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 28th. Finally, Mizuho increased their price target on shares of Vail Resorts from $215.00 to $216.00 and gave the stock an "outperform" rating in a research report on Friday, June 6th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Vail Resorts has an average rating of "Hold" and a consensus price target of $187.20.

Insider Buying and Selling

In other Vail Resorts news, CFO Angela A. Korch bought 200 shares of Vail Resorts stock in a transaction that occurred on Friday, June 20th. The stock was purchased at an average cost of $157.00 per share, for a total transaction of $31,400.00. Following the completion of the acquisition, the chief financial officer now owns 3,156 shares of the company's stock, valued at approximately $495,492. This represents a 6.77% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is currently owned by insiders.

Vail Resorts Stock Performance

Shares of NYSE:MTN traded up $0.16 during trading hours on Friday, hitting $157.33. The stock had a trading volume of 776,148 shares, compared to its average volume of 592,106. The stock's fifty day simple moving average is $149.66 and its 200 day simple moving average is $160.17. Vail Resorts, Inc. has a 1-year low of $129.85 and a 1-year high of $199.45. The firm has a market capitalization of $5.84 billion, a price-to-earnings ratio of 20.12, a PEG ratio of 1.94 and a beta of 0.91. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.54 and a current ratio of 0.61.

Vail Resorts (NYSE:MTN - Get Free Report) last announced its quarterly earnings results on Thursday, June 5th. The company reported $10.54 EPS for the quarter, beating the consensus estimate of $10.00 by $0.54. Vail Resorts had a net margin of 9.81% and a return on equity of 30.25%. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter last year, the business earned $9.54 earnings per share. Vail Resorts's revenue was up 1.0% compared to the same quarter last year. Sell-side analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, June 24th will be paid a dividend of $2.22 per share. The ex-dividend date of this dividend is Tuesday, June 24th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.64%. Vail Resorts's dividend payout ratio is presently 113.55%.

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.