Vail Resorts, Inc. (NYSE:MTN) Shares Bought by VELA Investment Management LLC

VELA Investment Management LLC raised its position in Vail Resorts, Inc. (NYSE:MTN) by 7.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,902 shares of the company’s stock after purchasing an additional 130 shares during the quarter. VELA Investment Management LLC’s holdings in Vail Resorts were worth $357,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in shares of Vail Resorts in the third quarter valued at approximately $25,000. 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. increased its stake in shares of Vail Resorts by 246.7% in the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock valued at $36,000 after purchasing an additional 148 shares during the period. Eagle Bay Advisors LLC acquired a new stake in shares of Vail Resorts in the fourth quarter valued at approximately $40,000. Finally, Venturi Wealth Management LLC increased its stake in shares of Vail Resorts by 165.3% in the third quarter. Venturi Wealth Management LLC now owns 321 shares of the company’s stock valued at $56,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Vail Resorts Trading Down 0.3 %

Shares of NYSE:MTN opened at $155.73 on Friday. The stock has a market capitalization of $5.83 billion, a price-to-earnings ratio of 25.87, a PEG ratio of 1.93 and a beta of 1.11. Vail Resorts, Inc. has a 1-year low of $154.27 and a 1-year high of $235.81. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. The company has a 50 day moving average price of $173.49 and a 200 day moving average price of $176.91.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, topping 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%. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period last year, the firm posted ($4.60) earnings per share. On average, research analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s payout ratio is 147.51%.

Wall Street Analyst Weigh In

MTN has been the topic of several analyst reports. Barclays raised their price target on shares of Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research note on Tuesday, December 10th. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Deutsche Bank Aktiengesellschaft increased their price objective 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. Macquarie increased their price objective on shares of Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a report on Friday, January 17th. Two research 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. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $204.50.

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.