Tpg Gp A LLC Has $194.29 Million Position in Vail Resorts, Inc. (NYSE:MTN)

TPG GP A LLC grew its holdings in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 19.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,036,487 shares of the company's stock after buying an additional 172,082 shares during the period. Vail Resorts accounts for 3.1% of TPG GP A LLC's portfolio, making the stock its 5th biggest position. TPG GP A LLC owned approximately 2.77% of Vail Resorts worth $194,289,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Shellback Capital LP purchased a new position in shares of Vail Resorts during the fourth quarter valued at approximately $8,435,000. Raiffeisen Bank International AG purchased a new position in shares of Vail Resorts during the fourth quarter valued at approximately $307,000. Rivermont Capital Management LP bought a new stake in shares of Vail Resorts during the fourth quarter valued at approximately $4,499,000. Point72 Asset Management L.P. boosted its position in shares of Vail Resorts by 170.1% during the fourth quarter. Point72 Asset Management L.P. now owns 546,423 shares of the company's stock valued at $102,427,000 after purchasing an additional 344,095 shares in the last quarter. Finally, ProShare Advisors LLC boosted its position in shares of Vail Resorts by 6.7% during the fourth quarter. ProShare Advisors LLC now owns 1,751 shares of the company's stock valued at $328,000 after purchasing an additional 110 shares in the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.

Vail Resorts Stock Down 3.8%

Vail Resorts stock traded down $5.78 during mid-day trading on Wednesday, hitting $145.01. The company had a trading volume of 520,169 shares, compared to its average volume of 578,573. 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 stock's 50 day moving average price is $147.22 and its two-hundred day moving average price is $165.47. Vail Resorts, Inc. has a 12 month low of $129.85 and a 12 month high of $200.23. The company has a market capitalization of $5.41 billion, a PE ratio of 24.09, a price-to-earnings-growth 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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.29 by $0.27. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $5.76 earnings per share. As a group, 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Investors 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 6.12%. The ex-dividend date of this dividend was Thursday, March 27th. Vail Resorts's dividend payout ratio (DPR) is presently 130.21%.

Wall Street Analyst Weigh In

MTN has been the topic of several research reports. JPMorgan Chase & Co. lifted their price target on Vail Resorts from $166.00 to $167.00 and gave the company an "underweight" rating in a research report on Tuesday, March 11th. Macquarie dropped their price target on Vail Resorts from $195.00 to $185.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. Barclays restated an "underweight" rating and set a $152.00 price target (down from $165.00) on shares of Vail Resorts in a research report on Monday, March 10th. Mizuho dropped 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. Finally, Morgan Stanley set a $152.00 price target on Vail Resorts in a research report on Friday, April 25th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $187.60.

Insider Activity at Vail Resorts

In related news, CFO Angela A. Korch purchased 185 shares of Vail Resorts stock in a transaction on Thursday, March 13th. The stock was acquired at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the completion of the transaction, 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 position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.20% of the stock is owned by company insiders.

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.