Dimensional Fund Advisors LP Grows Stock Holdings in Vail Resorts, Inc. (NYSE:MTN)

Dimensional Fund Advisors LP lifted its holdings in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 464,366 shares of the company's stock after purchasing an additional 22,699 shares during the period. Dimensional Fund Advisors LP owned about 1.24% of Vail Resorts worth $87,050,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of MTN. Norges Bank purchased a new stake in shares of Vail Resorts in the fourth quarter valued at approximately $80,669,000. Wealthfront Advisers LLC acquired a new position in shares of Vail Resorts during the 4th quarter worth about $42,532,000. DnB Asset Management AS purchased a new position in Vail Resorts in the 4th quarter valued at about $33,286,000. Raymond James Financial Inc. purchased a new stake in Vail Resorts during the 4th quarter worth approximately $23,170,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Vail Resorts by 57.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 312,232 shares of the company's stock valued at $58,528,000 after acquiring an additional 114,207 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company's stock.

Vail Resorts Stock Up 0.4 %

MTN traded up $0.52 on Monday, hitting $141.04. 44,629 shares of the company were exchanged, compared to its average volume of 580,599. Vail Resorts, Inc. has a twelve month low of $129.85 and a twelve month high of $206.38. The company has a market cap of $5.27 billion, a price-to-earnings ratio of 23.38, a price-to-earnings-growth ratio of 1.93 and a beta of 0.91. 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 firm has a 50-day moving average price of $150.26 and a two-hundred day moving average price of $167.43.

Vail Resorts (NYSE:MTN - Get Free Report) last released its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share (EPS) 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 analysts' expectations of $1.14 billion. During the same period in the previous year, the company earned $5.76 EPS. The company's revenue for the quarter was up 5.5% on a year-over-year basis. On average, equities analysts predict that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were given 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 6.30%. Vail Resorts's dividend payout ratio is presently 130.21%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on MTN. Mizuho dropped their target price on shares of Vail Resorts from $227.00 to $215.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. JPMorgan Chase & Co. upped their price objective on shares of Vail Resorts from $166.00 to $167.00 and gave the company an "underweight" rating in a report on Tuesday, March 11th. Macquarie reduced their price target on shares of Vail Resorts from $195.00 to $185.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. Morgan Stanley set a $152.00 target price on Vail Resorts in a research note on Friday, April 25th. Finally, Bank of America decreased their price target on Vail Resorts from $185.00 to $160.00 and set a "neutral" rating on the stock in a research note on Monday, April 21st. 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. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $187.60.

Insider Activity at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch bought 185 shares of the stock in a transaction dated Thursday, March 13th. The shares were acquired at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the completion of the transaction, the chief financial officer now owns 2,956 shares in the company, valued at approximately $472,960. The trade was a 6.68 % increase in their position. The transaction was disclosed in a legal 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.