Vail Resorts, Inc. (MTN) Position Lowered by Segall Bryant & Hamill LLC

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Segall Bryant & Hamill LLC reduced its stake in Vail Resorts, Inc. (NYSE:MTN) by 27.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,527 shares of the company’s stock after selling 589 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Vail Resorts were worth $339,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Aperio Group LLC lifted its stake in shares of Vail Resorts by 2.9% in the fourth quarter. Aperio Group LLC now owns 10,026 shares of the company’s stock worth $2,130,000 after acquiring an additional 280 shares during the period. Denver Investment Advisors LLC lifted its stake in shares of Vail Resorts by 7.0% in the first quarter. Denver Investment Advisors LLC now owns 4,795 shares of the company’s stock worth $1,063,000 after acquiring an additional 312 shares during the period. Brown Advisory Inc. lifted its stake in shares of Vail Resorts by 9.5% in the fourth quarter. Brown Advisory Inc. now owns 3,728 shares of the company’s stock worth $792,000 after acquiring an additional 322 shares during the period. Quantitative Systematic Strategies LLC lifted its stake in Vail Resorts by 20.2% in the first quarter. Quantitative Systematic Strategies LLC now owns 2,018 shares of the company’s stock valued at $447,000 after buying an additional 339 shares during the period. Finally, Xact Kapitalforvaltning AB lifted its stake in Vail Resorts by 10.5% in the fourth quarter. Xact Kapitalforvaltning AB now owns 3,756 shares of the company’s stock valued at $798,000 after buying an additional 358 shares during the period. 97.99% of the stock is currently owned by institutional investors.

In related news, insider Robert A. Katz sold 45,200 shares of the company’s stock in a transaction on Monday, June 11th. The stock was sold at an average price of $272.61, for a total transaction of $12,321,972.00. Following the completion of the sale, the insider now owns 556,964 shares in the company, valued at $151,833,956.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Patricia A. Campbell sold 8,821 shares of the company’s stock in a transaction on Wednesday, June 13th. The stock was sold at an average price of $277.06, for a total value of $2,443,946.26. Following the sale, the insider now owns 19,431 shares of the company’s stock, valued at approximately $5,383,552.86. The disclosure for this sale can be found here. Insiders have sold 58,189 shares of company stock worth $15,912,143 over the last ninety days. 3.30% of the stock is owned by insiders.

Several equities analysts have issued reports on the company. Berenberg Bank assumed coverage on Vail Resorts in a research note on Wednesday. They issued a “hold” rating and a $300.00 price target on the stock. Barclays boosted their price target on Vail Resorts from $250.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, June 11th. Stifel Nicolaus reissued a “hold” rating and issued a $295.00 price target (up from $232.00) on shares of Vail Resorts in a research note on Monday, June 11th. They noted that the move was a valuation call. Zacks Investment Research lowered Vail Resorts from a “buy” rating to a “hold” rating in a research note on Tuesday, June 12th. Finally, KeyCorp boosted their price target on Vail Resorts from $250.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, June 8th. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Vail Resorts has a consensus rating of “Buy” and an average price target of $281.44.

Shares of Vail Resorts opened at $279.95 on Thursday, MarketBeat.com reports. The company has a current ratio of 1.04, a quick ratio of 0.88 and a debt-to-equity ratio of 0.54. Vail Resorts, Inc. has a twelve month low of $197.48 and a twelve month high of $288.83. The company has a market cap of $11.32 billion, a PE ratio of 53.63 and a beta of 0.45.

Vail Resorts (NYSE:MTN) last issued its earnings results on Thursday, June 7th. The company reported $6.17 earnings per share for the quarter, topping analysts’ consensus estimates of $6.12 by $0.05. Vail Resorts had a return on equity of 15.91% and a net margin of 20.23%. The company had revenue of $844.50 million for the quarter, compared to analyst estimates of $823.83 million. During the same period in the prior year, the firm earned $4.40 earnings per share. Vail Resorts’s revenue for the quarter was up 6.3% on a year-over-year basis. equities analysts predict that Vail Resorts, Inc. will post 9.01 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 12th. Stockholders of record on Wednesday, June 27th will be given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date is Tuesday, June 26th. Vail Resorts’s payout ratio is 112.64%.

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, Beaver Creek, Breckenridge, and Keystone resorts in Colorado; Park City Mountain resort in Utah; Heavenly, Northstar, and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Northern Vermont; and Perisher in Australia, as well as three 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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