UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stock Position in Vail Resorts, Inc. (NYSE:MTN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) by 82.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,411 shares of the company's stock after selling 696,342 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.39% of Vail Resorts worth $27,257,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in MTN. Nisa Investment Advisors LLC lifted its stake in Vail Resorts by 409.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 4,538 shares of the company's stock worth $861,000 after purchasing an additional 3,648 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Vail Resorts by 4.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 30,343 shares of the company's stock worth $5,688,000 after purchasing an additional 1,232 shares in the last quarter. PFG Investments LLC acquired a new position in Vail Resorts during the fourth quarter worth $229,000. Blue Trust Inc. lifted its stake in Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company's stock worth $36,000 after purchasing an additional 148 shares in the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new position in Vail Resorts during the fourth quarter worth $3,674,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Stock Performance

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

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

Vail Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were paid a dividend of $2.22 per share. 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 (DPR) is 130.21%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on MTN shares. Macquarie cut their price objective 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 reaffirmed an "underweight" rating and set a $152.00 price objective (down previously from $165.00) on shares of Vail Resorts in a research report on Monday, March 10th. Mizuho dropped their target price on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating on the stock in a report on Tuesday, March 11th. Morgan Stanley set a $152.00 target price on Vail Resorts in a report on Friday, April 25th. Finally, JPMorgan Chase & Co. raised Vail Resorts from an "underweight" rating to a "neutral" rating and set a $167.00 target price on the stock in a report on Wednesday. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $189.10.

Insider Transactions at Vail Resorts

In other news, CFO Angela A. Korch acquired 185 shares of Vail Resorts stock in a transaction that occurred on Thursday, March 13th. The stock was purchased 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 approximately $472,960. This trade represents a 6.68% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.20% of the company's stock.

About Vail Resorts

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.