Vail Resorts, Inc. (NYSE:MTN) Stock Holdings Cut by TD Private Client Wealth LLC

TD Private Client Wealth LLC lowered its stake in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 88.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,676 shares of the company's stock after selling 12,530 shares during the period. TD Private Client Wealth LLC's holdings in Vail Resorts were worth $268,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Sterling Capital Management LLC increased its holdings in Vail Resorts by 8.5% in the fourth quarter. Sterling Capital Management LLC now owns 881 shares of the company's stock worth $165,000 after purchasing an additional 69 shares in the last quarter. Aurora Investment Managers LLC. boosted its position in Vail Resorts by 1.1% in the first quarter. Aurora Investment Managers LLC. now owns 9,513 shares of the company's stock worth $1,522,000 after purchasing an additional 104 shares during the last quarter. ProShare Advisors LLC boosted its position in Vail Resorts by 6.7% in the fourth quarter. ProShare Advisors LLC now owns 1,751 shares of the company's stock worth $328,000 after purchasing an additional 110 shares during the last quarter. State of Alaska Department of Revenue boosted its position in Vail Resorts by 2.6% in the first quarter. State of Alaska Department of Revenue now owns 4,385 shares of the company's stock worth $701,000 after purchasing an additional 110 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Vail Resorts by 75.3% in the first quarter. GAMMA Investing LLC now owns 270 shares of the company's stock worth $43,000 after purchasing an additional 116 shares during the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Vail Resorts

In other news, CFO Angela A. Korch purchased 200 shares of the stock in a transaction on Friday, June 20th. The stock was purchased at an average price of $157.00 per share, with a total value of $31,400.00. Following the completion of the transaction, the chief financial officer owned 3,156 shares in the company, valued at approximately $495,492. The trade was a 6.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MTN. JPMorgan Chase & Co. raised Vail Resorts from an "underweight" rating to a "neutral" rating and set a $167.00 price target on the stock in a research report on Wednesday, May 28th. UBS Group reduced their price objective on Vail Resorts from $185.00 to $169.00 and set a "neutral" rating on the stock in a research report on Wednesday, June 11th. Deutsche Bank Aktiengesellschaft reduced their price objective on Vail Resorts from $183.00 to $171.00 and set a "hold" rating on the stock in a research report on Thursday, May 29th. Bank of America raised their price target on 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 raised their price target on Vail Resorts from $215.00 to $216.00 and gave the stock an "outperform" rating in a research report on Friday, June 6th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $187.20.

Vail Resorts Trading Down 2.4%

NYSE:MTN traded down $3.96 on Tuesday, reaching $160.15. The company's stock had a trading volume of 570,435 shares, compared to its average volume of 601,091. Vail Resorts, Inc. has a 12-month low of $129.85 and a 12-month high of $199.45. The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 1.70. The firm has a market cap of $5.95 billion, a price-to-earnings ratio of 20.48, a price-to-earnings-growth ratio of 2.03 and a beta of 0.91. The stock has a 50 day moving average price of $154.69 and a 200 day moving average price of $158.47.

Vail Resorts (NYSE:MTN - Get Free Report) last released its quarterly earnings data on Thursday, June 5th. The company reported $10.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.00 by $0.54. The business had revenue of $1.30 billion during the quarter, compared to analysts' expectations of $1.31 billion. Vail Resorts had a return on equity of 30.25% and a net margin of 9.81%. The business's quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $9.54 EPS. On average, equities analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 24th were given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a yield of 5.54%. The ex-dividend date was Tuesday, June 24th. Vail Resorts's payout ratio is 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.