Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Quantinno Capital Management LP

Quantinno Capital Management LP lessened its stake in Vail Resorts, Inc. (NYSE:MTN) by 22.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 5,521 shares of the company’s stock after selling 1,591 shares during the period. Quantinno Capital Management LP’s holdings in Vail Resorts were worth $962,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Signaturefd LLC grew its stake in shares of Vail Resorts by 150.9% in the second quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after buying an additional 83 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in Vail Resorts in the 3rd quarter valued at about $25,000. Capital Performance Advisors LLP purchased a new stake in Vail Resorts during the third quarter worth about $25,000. Brown Brothers Harriman & Co. lifted its position in shares of Vail Resorts by 318.8% during the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock worth $36,000 after purchasing an additional 153 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake in shares of Vail Resorts by 123.5% in the third quarter. UMB Bank n.a. now owns 219 shares of the company’s stock valued at $38,000 after purchasing an additional 121 shares during the period. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Vail Resorts Stock Down 1.8 %

Shares of NYSE:MTN opened at $190.43 on Friday. The firm has a 50 day simple moving average of $177.35 and a 200-day simple moving average of $178.86. Vail Resorts, Inc. has a twelve month low of $165.00 and a twelve month high of $236.92. The company has a current ratio of 0.63, a quick ratio of 0.71 and a debt-to-equity ratio of 3.64. The company has a market capitalization of $7.14 billion, a PE ratio of 31.63, a P/E/G ratio of 2.25 and a beta of 1.14.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, beating analysts’ consensus estimates of ($4.99) by $0.38. The firm had revenue of $260.28 million during the quarter, compared to analysts’ expectations of $251.45 million. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. Vail Resorts’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the company earned ($4.60) earnings per share. On average, equities analysts predict that Vail Resorts, Inc. will post 7.47 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 26th will be paid a dividend of $2.22 per share. The ex-dividend date of this dividend is Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a yield of 4.66%. Vail Resorts’s dividend payout ratio is presently 147.51%.

Insiders Place Their Bets

In related news, Director John F. Sorte sold 1,670 shares of the business’s stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $173.07, for a total value of $289,026.90. Following the transaction, the director now owns 45,111 shares in the company, valued at $7,807,360.77. The trade was a 3.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Angela A. Korch acquired 165 shares of the firm’s stock in a transaction on Thursday, October 3rd. The shares were bought at an average cost of $173.09 per share, with a total value of $28,559.85. Following the completion of the transaction, the chief financial officer now directly owns 2,187 shares in the company, valued at $378,547.83. This trade represents a 8.16 % increase in their position. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday. Barclays increased their price objective on Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research note on Tuesday. Macquarie increased their price target on Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research report on Wednesday. Mizuho boosted their price objective on Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Vail Resorts presently has a consensus rating of “Hold” and an average price target of $205.50.

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.