2,035 Shares in Vail Resorts, Inc. (NYSE:MTN) Acquired by Sendero Wealth Management LLC

Sendero Wealth Management LLC bought a new stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,035 shares of the company's stock, valued at approximately $326,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Alberta Investment Management Corp purchased a new position in Vail Resorts during the fourth quarter valued at $3,134,000. Mutual of America Capital Management LLC increased its holdings in shares of Vail Resorts by 146.9% during the fourth quarter. Mutual of America Capital Management LLC now owns 133,082 shares of the company's stock valued at $24,946,000 after acquiring an additional 79,183 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Vail Resorts by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 3,716,657 shares of the company's stock valued at $696,687,000 after acquiring an additional 25,916 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Vail Resorts by 17.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,232 shares of the company's stock worth $5,187,000 after purchasing an additional 4,080 shares during the last quarter. Finally, Aigen Investment Management LP bought a new position in Vail Resorts in the 4th quarter worth about $728,000. 94.94% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Vail Resorts

In other news, CFO Angela A. Korch bought 185 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the purchase, the chief financial officer now owns 2,956 shares in the company, valued at $472,960. This represents a 6.68% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 1.20% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Mizuho reduced their price objective 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. Bank of America raised their price target on shares of Vail Resorts from $160.00 to $175.00 and gave the company a "neutral" rating in a research report on Wednesday, May 28th. Morgan Stanley set a $152.00 target price on Vail Resorts in a research note on Friday, April 25th. Deutsche Bank Aktiengesellschaft decreased their price target on Vail Resorts from $183.00 to $171.00 and set a "hold" rating for the company in a research note on Thursday, May 29th. Finally, Macquarie lowered their price target on Vail Resorts from $195.00 to $185.00 and set a "neutral" rating on the stock in a report on Wednesday, March 12th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $189.60.

Vail Resorts Stock Performance

NYSE MTN traded up $0.80 on Thursday, hitting $155.02. 1,338,380 shares of the company traded hands, compared to its average volume of 580,665. The business's 50 day moving average price is $145.89 and its 200-day moving average price is $163.99. Vail Resorts, Inc. has a 52-week low of $129.85 and a 52-week high of $199.45. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. The company has a market capitalization of $5.79 billion, a price-to-earnings ratio of 25.75, a P/E/G ratio of 1.93 and a beta of 0.91.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its quarterly earnings data on Thursday, June 5th. The company reported $10.54 EPS for the quarter, topping the consensus estimate of $10.10 by $0.44. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. Vail Resorts's quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $9.54 EPS. Equities analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th were given a $2.22 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.73%. Vail Resorts's payout ratio is currently 130.21%.

Vail Resorts Company 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.