AMP Capital Investors Ltd Has $3.09 Million Stake in Vail Resorts, Inc. (MTN)

AMP Capital Investors Ltd grew its stake in Vail Resorts, Inc. (NYSE:MTN) by 41.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,538 shares of the company’s stock after purchasing an additional 4,000 shares during the period. AMP Capital Investors Ltd’s holdings in Vail Resorts were worth $3,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Toronto Dominion Bank purchased a new stake in shares of Vail Resorts in the second quarter valued at approximately $100,000. Commonwealth Bank of Australia grew its position in shares of Vail Resorts by 284.5% in the second quarter. Commonwealth Bank of Australia now owns 496 shares of the company’s stock valued at $100,000 after purchasing an additional 367 shares in the last quarter. Strs Ohio purchased a new stake in shares of Vail Resorts in the second quarter valued at approximately $105,000. SG Americas Securities LLC purchased a new stake in shares of Vail Resorts in the second quarter valued at approximately $117,000. Finally, IFP Advisors Inc grew its position in shares of Vail Resorts by 61.7% in the third quarter. IFP Advisors Inc now owns 802 shares of the company’s stock valued at $183,000 after purchasing an additional 306 shares in the last quarter. Institutional investors and hedge funds own 94.52% of the company’s stock.

In related news, insider Robert A. Katz sold 115,900 shares of the company’s stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $218.73, for a total value of $25,350,807.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Patricia A. Campbell sold 5,515 shares of the company’s stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $222.41, for a total value of $1,226,591.15. Following the completion of the transaction, the insider now owns 28,736 shares in the company, valued at $6,391,173.76. The disclosure for this sale can be found here. Insiders sold 236,742 shares of company stock worth $51,804,735 over the last quarter. 3.30% of the stock is currently owned by insiders.

A number of research firms have recently issued reports on MTN. KeyCorp restated an “overweight” rating and issued a $250.00 price target on shares of Vail Resorts in a research report on Wednesday, August 30th. Stifel Nicolaus restated a “buy” rating and issued a $232.00 price target (up from $229.00) on shares of Vail Resorts in a research report on Monday, October 2nd. MKM Partners restated a “buy” rating and issued a $266.00 price target (up from $264.00) on shares of Vail Resorts in a research report on Monday, October 2nd. Zacks Investment Research lowered Vail Resorts from a “hold” rating to a “sell” rating in a research report on Monday, December 11th. Finally, Deutsche Bank began coverage on Vail Resorts in a research report on Wednesday, December 13th. They issued a “buy” rating and a $265.00 price target for the company. One analyst has rated the stock with a sell rating, one has given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Vail Resorts currently has an average rating of “Buy” and a consensus target price of $252.22.

Vail Resorts, Inc. (NYSE MTN) opened at $219.84 on Monday. Vail Resorts, Inc. has a twelve month low of $159.65 and a twelve month high of $237.77. The company has a market capitalization of $8,885.10, a P/E ratio of 43.63 and a beta of 0.45. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.56 and a quick ratio of 0.41.

Vail Resorts (NYSE:MTN) last released its quarterly earnings data on Thursday, December 7th. The company reported ($2.00) EPS for the quarter, missing analysts’ consensus estimates of ($1.90) by ($0.10). Vail Resorts had a net margin of 12.55% and a return on equity of 12.28%. The business had revenue of $220.90 million during the quarter, compared to analyst estimates of $198.95 million. During the same quarter in the prior year, the company posted ($1.70) earnings per share. The company’s revenue was up 23.9% on a year-over-year basis. equities analysts anticipate that Vail Resorts, Inc. will post 6.85 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 10th. Investors of record on Wednesday, December 27th will be issued a $1.053 dividend. This represents a $4.21 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Tuesday, December 26th. Vail Resorts’s dividend payout ratio is presently 71.48%.

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Vail Resorts Company Profile

Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. Its Mountain segment operates over 10 mountain resort properties and approximately three urban ski areas, as well as ancillary services, primarily including, ski school, dining, and retail/rental operations.

Institutional Ownership by Quarter for Vail Resorts (NYSE:MTN)

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