Capital International Inc. CA Buys 7,274 Shares of Vail Resorts, Inc. (NYSE:MTN)

Capital International Inc. CA lifted its position in Vail Resorts, Inc. (NYSE:MTN) by 31.8% during the 4th quarter, HoldingsChannel reports. The firm owned 30,184 shares of the company’s stock after acquiring an additional 7,274 shares during the quarter. Capital International Inc. CA’s holdings in Vail Resorts were worth $5,658,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in Vail Resorts in the fourth quarter worth about $33,000. Blue Trust Inc. increased its position in shares of Vail Resorts by 246.7% during the 4th 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 last quarter. Eagle Bay Advisors LLC purchased a new stake in Vail Resorts during the 4th quarter valued at $40,000. GeoWealth Management LLC boosted its stake in Vail Resorts by 162.2% during the fourth quarter. GeoWealth Management LLC now owns 291 shares of the company’s stock worth $55,000 after buying an additional 180 shares during the period. Finally, UMB Bank n.a. increased its position in Vail Resorts by 37.9% during the fourth quarter. UMB Bank n.a. now owns 302 shares of the company’s stock valued at $57,000 after acquiring an additional 83 shares during the last quarter. 94.94% of the stock is owned by institutional investors.

Vail Resorts Stock Up 0.5 %

Shares of NYSE MTN opened at $138.21 on Friday. Vail Resorts, Inc. has a 12-month low of $129.85 and a 12-month high of $206.55. The stock’s fifty day simple moving average is $154.76 and its two-hundred day simple moving average is $169.76. The stock has a market capitalization of $5.16 billion, a PE ratio of 22.96, a price-to-earnings-growth ratio of 1.93 and a beta of 0.93. 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 (NYSE:MTN) last released its quarterly earnings results on Monday, March 10th. The company reported $6.56 earnings per share 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 analysts’ expectations of $1.14 billion. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business earned $5.76 EPS. As a group, analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were given a $2.22 dividend. The ex-dividend date was Thursday, March 27th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.43%. Vail Resorts’s payout ratio is 130.21%.

Insider Buying and Selling

In other Vail Resorts news, CFO Angela A. Korch purchased 185 shares of the company’s stock in a transaction dated Thursday, March 13th. The shares were acquired at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the completion of the purchase, the chief financial officer now owns 2,956 shares of the company’s stock, valued at approximately $472,960. The trade was a 6.68 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on MTN. Morgan Stanley dropped their price target on shares of Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 11th. Mizuho cut their target price on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 11th. JPMorgan Chase & Co. boosted their price objective on Vail Resorts from $166.00 to $167.00 and gave the company an “underweight” rating in a report on Tuesday, March 11th. Barclays reissued an “underweight” rating and set a $152.00 target price (down from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. Finally, Macquarie lowered their price objective on shares of Vail Resorts from $195.00 to $185.00 and set a “neutral” rating for the company in a research report on Wednesday, March 12th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $193.56.

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.