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19,399 Shares in Vail Resorts, Inc. (NYSE:MTN) Acquired by Integrated Advisors Network LLC

Vail Resorts logo with Consumer Discretionary background

Integrated Advisors Network LLC purchased a new position in Vail Resorts, Inc. (NYSE:MTN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 19,399 shares of the company's stock, valued at approximately $3,637,000. Integrated Advisors Network LLC owned approximately 0.05% of Vail Resorts as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bamco Inc. NY raised its stake in shares of Vail Resorts by 2.0% during the fourth quarter. Bamco Inc. NY now owns 5,290,546 shares of the company's stock worth $991,713,000 after buying an additional 105,410 shares during the last quarter. Vanguard Group Inc. increased its holdings in Vail Resorts by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 3,716,657 shares of the company's stock worth $696,687,000 after buying an additional 25,916 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Vail Resorts by 4.1% in the fourth 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 during 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 period. Finally, The Manufacturers Life Insurance Company grew 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 buying an additional 289,484 shares in the last quarter. Institutional investors own 94.94% of the company's stock.

Insiders Place Their Bets

In other Vail Resorts news, CFO Angela A. Korch acquired 185 shares of the firm's stock in a transaction on Thursday, March 13th. The stock was bought 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 directly owns 2,956 shares in the company, valued at $472,960. This represents a 6.68% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.20% of the company's stock.

Vail Resorts Price Performance

Shares of Vail Resorts stock traded down $2.18 on Friday, hitting $160.29. 617,156 shares of the company were exchanged, compared to its average volume of 575,074. Vail Resorts, Inc. has a 1-year low of $129.85 and a 1-year high of $199.45. The stock has a market capitalization of $5.98 billion, a price-to-earnings ratio of 26.63, a price-to-earnings-growth ratio of 1.93 and a beta of 0.91. The company has a 50-day moving average price of $146.28 and a 200 day moving average price of $164.34. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64.

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

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were issued a $2.22 dividend. The ex-dividend date was Thursday, March 27th. This represents a $8.88 annualized dividend and a dividend yield of 5.54%. Vail Resorts's dividend payout ratio is currently 130.21%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on MTN shares. Morgan Stanley set a $152.00 price target on shares of Vail Resorts in a 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 for the company in a research note on Wednesday, March 12th. Barclays reiterated an "underweight" rating and set a $152.00 price target (down previously from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. JPMorgan Chase & Co. upgraded shares of Vail Resorts from an "underweight" rating to a "neutral" rating and set a $167.00 target price on the stock in a research note on Wednesday. Finally, Mizuho decreased their price target on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Vail Resorts has a consensus rating of "Hold" and an average target price of $189.10.

Get Our Latest Report on MTN

About Vail Resorts

(Free Report)

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.

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

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