Tidal Investments LLC Sells 999 Shares of Vail Resorts, Inc. (NYSE:MTN)

Tidal Investments LLC lessened its position in Vail Resorts, Inc. (NYSE:MTN) by 8.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,354 shares of the company’s stock after selling 999 shares during the period. Tidal Investments LLC’s holdings in Vail Resorts were worth $1,979,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Signaturefd LLC raised its stake in Vail Resorts by 150.9% during the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock worth $25,000 after buying an additional 83 shares during the period. V Square Quantitative Management LLC acquired a new stake in shares of Vail Resorts during the third quarter worth about $25,000. Capital Performance Advisors LLP acquired a new stake in shares of Vail Resorts during the third quarter worth about $25,000. Brown Brothers Harriman & Co. lifted its holdings in shares of Vail Resorts by 318.8% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock valued at $36,000 after purchasing an additional 153 shares in the last quarter. Finally, UMB Bank n.a. grew its position in shares of Vail Resorts by 123.5% in the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company’s stock valued at $38,000 after purchasing an additional 121 shares during the period. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Trading Up 0.4 %

Shares of Vail Resorts stock opened at $191.25 on Tuesday. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.71. The business has a fifty day simple moving average of $177.70 and a two-hundred day simple moving average of $178.78. Vail Resorts, Inc. has a 1 year low of $165.00 and a 1 year high of $236.92. The company has a market capitalization of $7.16 billion, a price-to-earnings ratio of 31.77, a P/E/G ratio of 2.22 and a beta of 1.14.

Vail Resorts (NYSE:MTN) last posted its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The company had revenue of $260.28 million during the quarter, compared to analysts’ expectations of $251.45 million. During the same quarter last year, the company posted ($4.60) EPS. Vail Resorts’s quarterly revenue was up .7% compared to the same quarter last year. Research analysts forecast that Vail Resorts, Inc. will post 7.49 EPS for the current year.

Vail Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th will be given a $2.22 dividend. This represents a $8.88 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend is Thursday, December 26th. Vail Resorts’s payout ratio is 147.51%.

Insider Transactions at Vail Resorts

In other Vail Resorts news, Director John F. Sorte sold 1,670 shares of the company’s stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $173.07, for a total value of $289,026.90. Following the transaction, the director now directly owns 45,111 shares of the company’s stock, valued at $7,807,360.77. This represents a 3.57 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Robert A. Katz sold 9,296 shares of Vail Resorts stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $175.98, for a total value of $1,635,910.08. Following the sale, the insider now directly owns 245,961 shares of the company’s stock, valued at $43,284,216.78. This represents a 3.64 % decrease in their position. The disclosure for this sale can be found here. 1.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

MTN has been the topic of a number of research reports. StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research note on Friday. Morgan Stanley boosted their price objective on shares of Vail Resorts from $182.00 to $197.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft increased their target price on Vail Resorts from $185.00 to $196.00 and gave the stock a “hold” rating in a report on Monday, December 9th. Mizuho boosted their price target on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Finally, UBS Group assumed coverage on Vail Resorts in a report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price objective for the company. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $205.50.

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.