3,181 Shares in Vail Resorts, Inc. (NYSE:MTN) Acquired by AXQ Capital LP

AXQ Capital LP bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,181 shares of the company’s stock, valued at approximately $596,000.

Several other large investors have also added to or reduced their stakes in the company. Miracle Mile Advisors LLC lifted its stake in shares of Vail Resorts by 3.2% during the 4th quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company’s stock valued at $398,000 after buying an additional 65 shares in the last quarter. Raleigh Capital Management Inc. raised its holdings in Vail Resorts by 20.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock valued at $74,000 after acquiring an additional 67 shares during the period. Accretive Wealth Partners LLC lifted its position in shares of Vail Resorts by 1.5% in the fourth quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company’s stock valued at $992,000 after acquiring an additional 80 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Vail Resorts by 37.9% in the fourth quarter. UMB Bank n.a. now owns 302 shares of the company’s stock worth $57,000 after acquiring an additional 83 shares during the period. Finally, Argonautica Private Wealth Management Inc. grew its position in shares of Vail Resorts by 6.9% during the fourth quarter. Argonautica Private Wealth Management Inc. now owns 1,478 shares of the company’s stock worth $277,000 after purchasing an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on MTN. Stifel Nicolaus boosted their price target on Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Barclays restated an “underweight” rating and set a $152.00 target price (down previously from $165.00) on shares of Vail Resorts in a research report on Monday, March 10th. JPMorgan Chase & Co. raised their target price on shares of Vail Resorts from $166.00 to $167.00 and gave the company an “underweight” rating in a research note on Tuesday, March 11th. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 13th. Finally, Mizuho cut their price objective on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating for the company in a research report on Tuesday, March 11th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Vail Resorts currently has a consensus rating of “Hold” and an average price target of $193.56.

Insider Activity

In other news, CFO Angela A. Korch purchased 185 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the acquisition, the chief financial officer now owns 2,956 shares of the company’s stock, valued at approximately $472,960. This trade represents a 6.68 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.20% of the company’s stock.

Vail Resorts Stock Down 0.0 %

Shares of NYSE MTN opened at $160.43 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. Vail Resorts, Inc. has a 12-month low of $151.99 and a 12-month high of $233.57. The firm’s 50-day moving average price is $165.52 and its 200-day moving average price is $174.87. The stock has a market capitalization of $5.99 billion, a price-to-earnings ratio of 26.65, 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, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 21.90% and a net margin of 8.07%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business posted $5.76 earnings per share. On average, equities research analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date of this dividend is Thursday, March 27th. Vail Resorts’s dividend payout ratio (DPR) 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.