Focus Partners Wealth Buys Shares of 117,344 Vail Resorts, Inc. (NYSE:MTN)

Focus Partners Wealth bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 117,344 shares of the company's stock, valued at approximately $22,255,000. Focus Partners Wealth owned approximately 0.31% of Vail Resorts at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Heck Capital Advisors LLC acquired a new stake in shares of Vail Resorts in the fourth quarter valued at approximately $33,000. Blue Trust Inc. grew its holdings in shares of Vail Resorts by 246.7% in the 4th quarter. Blue Trust Inc. now owns 208 shares of the company's stock valued at $36,000 after acquiring an additional 148 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in Vail Resorts during the fourth quarter worth about $40,000. GeoWealth Management LLC raised its holdings in Vail Resorts by 162.2% during the fourth quarter. GeoWealth Management LLC now owns 291 shares of the company's stock worth $55,000 after acquiring an additional 180 shares in the last quarter. Finally, UMB Bank n.a. boosted its position in Vail Resorts by 37.9% during the fourth quarter. UMB Bank n.a. now owns 302 shares of the company's stock valued at $57,000 after purchasing an additional 83 shares during the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Mizuho dropped their price objective on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 11th. JPMorgan Chase & Co. upped their price target on shares of Vail Resorts from $166.00 to $167.00 and gave the stock an "underweight" rating in a research report on Tuesday, March 11th. Morgan Stanley set a $152.00 price target on shares of Vail Resorts in a research note 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 on the stock in a research note on Wednesday, March 12th. Finally, Barclays reaffirmed an "underweight" rating and issued a $152.00 target price (down from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $187.60.

Insider Activity

In related news, CFO Angela A. Korch acquired 185 shares of the stock in a transaction on Thursday, March 13th. The shares were purchased 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 directly owns 2,956 shares in the company, valued at approximately $472,960. The trade was a 6.68% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.20% of the stock is owned by company insiders.

Vail Resorts Stock Performance

NYSE MTN traded up $2.17 on Thursday, reaching $151.97. The stock had a trading volume of 600,201 shares, compared to its average volume of 579,435. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The company has a market cap of $5.67 billion, a P/E ratio of 25.24, a price-to-earnings-growth ratio of 1.93 and a beta of 0.91. The firm has a fifty day moving average of $148.17 and a two-hundred day moving average of $166.07. Vail Resorts, Inc. has a 1-year low of $129.85 and a 1-year high of $205.26.

Vail Resorts (NYSE:MTN - Get Free Report) last released its quarterly earnings results on Monday, March 10th. The company reported $6.56 EPS for the quarter, beating the consensus estimate of $6.29 by $0.27. The business had revenue of $1.14 billion for 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%. Vail Resorts's revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $5.76 earnings per share. On average, equities research analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Stockholders 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 5.84%. Vail Resorts's payout ratio is 130.21%.

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.