OFI Invest Asset Management Purchases Shares of 8,839 Vail Resorts, Inc. (NYSE:MTN)

OFI Invest Asset Management bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,839 shares of the company’s stock, valued at approximately $1,600,000.

Other large investors also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in shares of Vail Resorts during the third quarter worth approximately $25,000. Heck Capital Advisors LLC acquired a new position in shares of Vail Resorts during the fourth quarter worth approximately $33,000. Blue Trust Inc. lifted its position in shares of Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock worth $36,000 after purchasing an additional 148 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of Vail Resorts during the fourth quarter worth approximately $40,000. Finally, Venturi Wealth Management LLC lifted its position in shares of Vail Resorts by 165.3% during the third quarter. Venturi Wealth Management LLC now owns 321 shares of the company’s stock worth $56,000 after purchasing an additional 200 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MTN. Morgan Stanley reissued an “equal weight” rating on shares of Vail Resorts in a research note on Monday. UBS Group began coverage on shares of Vail Resorts in a research note on Thursday, November 14th. They set a “neutral” rating and a $185.00 price target for the company. JPMorgan Chase & Co. dropped their price target on shares of Vail Resorts from $176.00 to $166.00 and set an “underweight” rating for the company in a research note on Friday, January 17th. Mizuho boosted their price target on shares of Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 10th. Finally, StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $199.44.

Vail Resorts Stock Up 0.1 %

Shares of MTN stock opened at $157.35 on Monday. The firm has a fifty day moving average of $169.61 and a 200-day moving average of $176.19. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. Vail Resorts, Inc. has a 12-month low of $153.51 and a 12-month high of $233.57. The company has a market capitalization of $5.89 billion, a price-to-earnings ratio of 26.14, a P/E/G ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company had revenue of $260.28 million during the quarter, compared to the consensus estimate of $251.45 million. During the same quarter in the prior year, the firm earned ($4.60) earnings per share. The firm’s revenue was up .7% compared to the same quarter last year. As a group, equities research analysts predict that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Company 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.