Vail Resorts, Inc. (NYSE:MTN) Shares Sold by Bokf Na

Bokf Na cut its stake in Vail Resorts, Inc. (NYSE:MTN) by 22.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,575 shares of the company’s stock after selling 461 shares during the period. Bokf Na’s holdings in Vail Resorts were worth $283,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Bamco Inc. NY boosted its position in Vail Resorts by 2.0% in the fourth quarter. Bamco Inc. NY now owns 5,290,546 shares of the company’s stock valued at $991,713,000 after buying an additional 105,410 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Vail Resorts by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 3,716,657 shares of the company’s stock valued at $696,687,000 after buying an additional 25,916 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Vail Resorts by 4.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,202,176 shares of the company’s stock worth $225,348,000 after buying an additional 47,417 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Vail Resorts by 42.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 976,468 shares of the company’s stock valued at $183,039,000 after buying an additional 289,484 shares in the last quarter. Finally, First Pacific Advisors LP grew its stake in Vail Resorts by 12.4% in the 4th quarter. First Pacific Advisors LP now owns 522,285 shares of the company’s stock valued at $97,902,000 after acquiring an additional 57,484 shares during the period. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Vail Resorts Stock Up 1.2 %

Shares of MTN opened at $145.15 on Friday. 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 52-week low of $129.85 and a 52-week high of $206.38. The stock has a fifty day simple moving average of $148.66 and a two-hundred day simple moving average of $166.45. The company has a market capitalization of $5.42 billion, a PE ratio of 24.11, a price-to-earnings-growth ratio of 1.93 and a beta of 0.91.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share for the quarter, topping the consensus estimate of $6.29 by $0.27. The company 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 firm’s revenue for the quarter 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. As a group, equities analysts forecast that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th were issued a $2.22 dividend. The ex-dividend date was Thursday, March 27th. This represents a $8.88 annualized dividend and a dividend yield of 6.12%. Vail Resorts’s dividend payout ratio is currently 130.21%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Bank of America reduced their price objective on shares of Vail Resorts from $185.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday, April 21st. Macquarie decreased their price target on shares of Vail Resorts from $195.00 to $185.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 12th. JPMorgan Chase & Co. lifted their price objective on Vail Resorts from $166.00 to $167.00 and gave the stock an “underweight” rating in a report on Tuesday, March 11th. Mizuho reduced their target price on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Finally, Barclays reaffirmed an “underweight” rating and issued a $152.00 price target (down from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Vail Resorts currently has a consensus rating of “Hold” and an average target price of $187.60.

Insider Activity at Vail Resorts

In other news, CFO Angela A. Korch purchased 185 shares of the firm’s stock in a transaction 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 completion of the purchase, the chief financial officer now directly owns 2,956 shares of the company’s stock, valued at approximately $472,960. This trade represents a 6.68 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.20% of the stock is owned by insiders.

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.