Cramer Rosenthal Mcglynn LLC Sells 11,177 Shares of Vail Resorts, Inc. (MTN)

Cramer Rosenthal Mcglynn LLC cut its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 8.5% in the 4th quarter, Holdings Channel reports. The firm owned 119,904 shares of the company’s stock after selling 11,177 shares during the period. Cramer Rosenthal Mcglynn LLC’s holdings in Vail Resorts were worth $25,476,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Bank of Montreal Can lifted its position in shares of Vail Resorts by 23.1% in the 4th quarter. Bank of Montreal Can now owns 161,422 shares of the company’s stock valued at $34,295,000 after acquiring an additional 30,249 shares in the last quarter. Swiss National Bank boosted its holdings in Vail Resorts by 1.0% in the 3rd quarter. Swiss National Bank now owns 176,200 shares of the company’s stock valued at $40,195,000 after purchasing an additional 1,800 shares during the period. Dean Capital Investments Management LLC bought a new stake in Vail Resorts in the 4th quarter valued at $282,000. Aperio Group LLC boosted its holdings in Vail Resorts by 13.5% in the 3rd quarter. Aperio Group LLC now owns 9,746 shares of the company’s stock valued at $2,223,000 after purchasing an additional 1,160 shares during the period. Finally, Virtu Financial LLC boosted its holdings in Vail Resorts by 94.3% in the 4th quarter. Virtu Financial LLC now owns 11,143 shares of the company’s stock valued at $2,368,000 after purchasing an additional 5,409 shares during the period. 95.77% of the stock is owned by institutional investors and hedge funds.

In other news, Director Michele Romanow purchased 225 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The stock was purchased at an average cost of $221.54 per share, with a total value of $49,846.50. Following the acquisition, the director now directly owns 1,663 shares of the company’s stock, valued at approximately $368,421.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.30% of the company’s stock.

A number of analysts have weighed in on MTN shares. Stifel Nicolaus increased their price target on shares of Vail Resorts from $232.00 to $235.00 and gave the company a “hold” rating in a report on Friday, December 8th. Zacks Investment Research downgraded shares of Vail Resorts from a “buy” rating to a “hold” rating in a report on Wednesday, November 29th. MKM Partners reduced their price objective on shares of Vail Resorts to $252.00 and set a “buy” rating for the company in a report on Tuesday, January 16th. Finally, Deutsche Bank initiated coverage on shares of Vail Resorts in a report on Wednesday, December 13th. They set a “buy” rating and a $265.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Vail Resorts presently has an average rating of “Buy” and a consensus target price of $250.67.

Vail Resorts, Inc. (MTN) opened at $221.37 on Wednesday. Vail Resorts, Inc. has a 1-year low of $183.85 and a 1-year high of $237.77. The company has a market cap of $9,027.73, a PE ratio of 40.40 and a beta of 0.55. The company has a current ratio of 0.73, a quick ratio of 0.58 and a debt-to-equity ratio of 0.63.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Thursday, March 8th. The company reported $4.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.55 by $0.57. Vail Resorts had a net margin of 16.91% and a return on equity of 13.17%. The firm had revenue of $734.58 million during the quarter, compared to the consensus estimate of $716.72 million. During the same period last year, the firm posted $3.63 EPS. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. research analysts anticipate that Vail Resorts, Inc. will post 8.54 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 11th. Investors of record on Tuesday, March 27th will be issued a dividend of $1.47 per share. This is an increase from Vail Resorts’s previous quarterly dividend of $1.05. This represents a $5.88 annualized dividend and a yield of 2.66%. The ex-dividend date is Monday, March 26th. Vail Resorts’s dividend payout ratio (DPR) is currently 53.09%.

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Vail Resorts 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.

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

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