Vail Resorts, Inc. (NYSE:MTN) Stock Holdings Lessened by Capital Group Private Client Services Inc.

Capital Group Private Client Services Inc. decreased its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 52.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,478 shares of the company’s stock after selling 6,058 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in Vail Resorts were worth $1,027,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MTN. Norges Bank acquired a new stake in shares of Vail Resorts in the 4th quarter worth about $80,669,000. Wealthfront Advisers LLC acquired a new stake in shares of Vail Resorts in the fourth quarter valued at approximately $42,532,000. DnB Asset Management AS bought a new stake in shares of Vail Resorts during the fourth quarter valued at approximately $33,286,000. Raymond James Financial Inc. bought a new stake in shares of Vail Resorts during the fourth quarter valued at approximately $23,170,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Vail Resorts by 57.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 312,232 shares of the company’s stock worth $58,528,000 after buying an additional 114,207 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Vail Resorts Stock Performance

Shares of Vail Resorts stock opened at $138.21 on Friday. The stock has a market cap 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. Vail Resorts, Inc. has a 12 month low of $129.85 and a 12 month high of $206.55. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. The business has a fifty day simple moving average of $154.76 and a 200-day simple moving average of $169.76.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Monday, March 10th. The company reported $6.56 EPS for the quarter, topping analysts’ consensus estimates of $6.29 by $0.27. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $5.76 EPS. On average, sell-side 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 was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were issued a dividend of $2.22 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $8.88 annualized dividend and a dividend yield of 6.43%. Vail Resorts’s dividend payout ratio is 130.21%.

Insider Transactions at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch acquired 185 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average cost of $160.00 per share, for a total transaction 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 document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

MTN has been the topic of a number of recent analyst reports. Barclays restated an “underweight” rating and set a $152.00 price objective (down from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. Morgan Stanley decreased their price objective on shares of Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating for the company in a report on Tuesday, March 11th. JPMorgan Chase & Co. raised their target price on Vail Resorts from $166.00 to $167.00 and gave the company an “underweight” rating in a research note on Tuesday, March 11th. Mizuho dropped their price target on shares of 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, Macquarie reduced 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 given a buy rating to the company. According to MarketBeat.com, Vail Resorts has a consensus rating of “Hold” and a consensus target price 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.