Capital International Sarl Boosts Stake in Vail Resorts, Inc. (NYSE:MTN)

Capital International Sarl raised its holdings in Vail Resorts, Inc. (NYSE:MTN) by 39.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,606 shares of the company’s stock after acquiring an additional 453 shares during the quarter. Capital International Sarl’s holdings in Vail Resorts were worth $301,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Miracle Mile Advisors LLC increased its stake in shares of Vail Resorts by 3.2% during the fourth quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company’s stock valued at $398,000 after purchasing an additional 65 shares in the last quarter. Raleigh Capital Management Inc. increased its position in Vail Resorts by 20.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock valued at $74,000 after buying an additional 67 shares in the last quarter. Sterling Capital Management LLC raised its stake in Vail Resorts by 8.5% during the fourth quarter. Sterling Capital Management LLC now owns 881 shares of the company’s stock valued at $165,000 after buying an additional 69 shares during the last quarter. Accretive Wealth Partners LLC boosted its holdings in Vail Resorts by 1.5% in the fourth quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company’s stock worth $992,000 after acquiring an additional 80 shares in the last quarter. Finally, UMB Bank n.a. grew 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 last quarter. Institutional investors own 94.94% of the company’s stock.

Insider Buying and Selling at Vail Resorts

In related news, CFO Angela A. Korch purchased 185 shares of the business’s stock in a transaction on Thursday, March 13th. The stock was acquired at an average price of $160.00 per share, with a total value of $29,600.00. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.20% of the stock is owned by corporate insiders.

Vail Resorts Stock Performance

MTN stock opened at $138.21 on Friday. The company has a market cap of $5.16 billion, a P/E ratio of 22.96, a price-to-earnings-growth ratio of 1.93 and a beta of 0.93. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. Vail Resorts, Inc. has a 1 year low of $129.85 and a 1 year high of $206.55. The stock’s fifty day moving average price is $154.76 and its 200-day moving average price is $169.76.

Vail Resorts (NYSE:MTN) last announced its earnings results on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.29 by $0.27. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same period last year, the firm posted $5.76 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, equities analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MTN shares. Morgan Stanley lowered their price target on Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 11th. Barclays reiterated an “underweight” rating and issued a $152.00 target price (down previously from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. Macquarie reduced their price target 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. Mizuho lowered their price objective on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 11th. Finally, JPMorgan Chase & Co. boosted their price target on Vail Resorts from $166.00 to $167.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 11th. Two 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $193.56.

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.