Vail Resorts, Inc. (NYSE:MTN) Shares Bought by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC boosted its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 28.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 91,740 shares of the company’s stock after purchasing an additional 20,211 shares during the quarter. Parametric Portfolio Associates LLC owned about 0.23% of Vail Resorts worth $19,935,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MTN. Norges Bank purchased a new position in shares of Vail Resorts during the 4th quarter valued at about $72,303,000. Westfield Capital Management Co. LP raised its stake in shares of Vail Resorts by 177.1% during the 4th quarter. Westfield Capital Management Co. LP now owns 388,804 shares of the company’s stock valued at $81,968,000 after buying an additional 248,474 shares during the last quarter. Pennsylvania Trust Co raised its stake in shares of Vail Resorts by 939.2% during the 1st quarter. Pennsylvania Trust Co now owns 157,420 shares of the company’s stock valued at $9,074,000 after buying an additional 142,272 shares during the last quarter. Diamond Hill Capital Management Inc. increased its stake in shares of Vail Resorts by 44.7% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 454,399 shares of the company’s stock valued at $95,796,000 after purchasing an additional 140,396 shares in the last quarter. Finally, Macquarie Group Ltd. increased its stake in shares of Vail Resorts by 863.3% in the 4th quarter. Macquarie Group Ltd. now owns 137,546 shares of the company’s stock valued at $28,997,000 after purchasing an additional 123,268 shares in the last quarter. Institutional investors own 97.74% of the company’s stock.

In other Vail Resorts news, insider Patricia A. Campbell sold 6,431 shares of the company’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $235.53, for a total value of $1,514,693.43. Following the completion of the transaction, the insider now owns 33,729 shares in the company, valued at $7,944,191.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Robert A. Katz sold 64,913 shares of the stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $231.95, for a total transaction of $15,056,570.35. Following the sale, the chairman now owns 425,729 shares of the company’s stock, valued at approximately $98,747,841.55. The disclosure for this sale can be found here. 2.90% of the stock is currently owned by corporate insiders.

Several equities research analysts recently issued reports on the company. KeyCorp lifted their price objective on Vail Resorts from $210.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, March 6th. Zacks Investment Research upgraded Vail Resorts from a “sell” rating to a “hold” rating in a report on Wednesday, March 13th. Jefferies Financial Group assumed coverage on Vail Resorts in a report on Monday, April 22nd. They issued a “hold” rating and a $233.00 price objective on the stock. Stifel Nicolaus lifted their price objective on Vail Resorts from $215.00 to $219.00 and gave the stock a “hold” rating in a report on Monday, March 11th. Finally, SunTrust Banks started coverage on Vail Resorts in a report on Friday, April 26th. They set a “buy” rating and a $242.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. Vail Resorts presently has an average rating of “Hold” and a consensus target price of $238.08.

NYSE MTN traded up $1.48 on Friday, reaching $223.18. The stock had a trading volume of 581,598 shares, compared to its average volume of 425,497. The company has a market capitalization of $8.83 billion, a price-to-earnings ratio of 35.48, a price-to-earnings-growth ratio of 2.10 and a beta of 0.70. The company has a quick ratio of 0.62, a current ratio of 0.76 and a debt-to-equity ratio of 0.69. Vail Resorts, Inc. has a 12-month low of $179.60 and a 12-month high of $302.76. The company’s fifty day moving average price is $224.22.

Vail Resorts (NYSE:MTN) last announced its earnings results on Thursday, June 6th. The company reported $7.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.03 by $0.09. Vail Resorts had a return on equity of 18.25% and a net margin of 13.71%. The company had revenue of $958.00 million for the quarter, compared to analyst estimates of $958.39 million. During the same quarter in the previous year, the company earned $6.17 earnings per share. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. On average, sell-side analysts expect that Vail Resorts, Inc. will post 6.99 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 11th. Stockholders of record on Wednesday, June 26th will be given a dividend of $1.76 per share. This represents a $7.04 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Tuesday, June 25th. Vail Resorts’s dividend payout ratio is currently 111.92%.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 11 mountain resorts, including Vail Mountain, Breckenridge Ski, Keystone, and Beaver Creek resorts in Colorado; Park City resort in Utah; Heavenly Mountain, Northstar, and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Vermont; and Perisher in Australia, as well as 3 urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

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

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