Vail Resorts, Inc. (NYSE:MTN) Shares Bought by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC boosted its holdings in Vail Resorts, Inc. (NYSE:MTN) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,092 shares of the company’s stock after purchasing an additional 110 shares during the quarter. Lebenthal Global Advisors LLC’s holdings in Vail Resorts were worth $392,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Stifel Financial Corp grew its stake in shares of Vail Resorts by 47.6% during the 3rd quarter. Stifel Financial Corp now owns 21,131 shares of the company’s stock worth $3,683,000 after purchasing an additional 6,816 shares during the period. Geode Capital Management LLC boosted its position in Vail Resorts by 1.3% during the third quarter. Geode Capital Management LLC now owns 649,624 shares of the company’s stock worth $113,252,000 after acquiring an additional 8,422 shares during the last quarter. AQR Capital Management LLC increased its stake in Vail Resorts by 1,063.7% in the second quarter. AQR Capital Management LLC now owns 177,033 shares of the company’s stock valued at $31,767,000 after purchasing an additional 161,820 shares during the last quarter. Green Alpha Advisors LLC boosted its position in shares of Vail Resorts by 101.3% in the fourth quarter. Green Alpha Advisors LLC now owns 6,112 shares of the company’s stock worth $1,146,000 after acquiring an additional 3,075 shares during the last quarter. Finally, River Road Asset Management LLC boosted its holdings in Vail Resorts by 606.6% in the third quarter. River Road Asset Management LLC now owns 341,311 shares of the company’s stock valued at $59,487,000 after acquiring an additional 293,006 shares during the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Mizuho increased 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. Stifel Nicolaus raised their price objective on shares of Vail Resorts from $216.00 to $217.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. UBS Group began coverage on shares of Vail Resorts in a research note on Thursday, November 14th. They set a “neutral” rating and a $185.00 target price for the company. Deutsche Bank Aktiengesellschaft upped their price objective on Vail Resorts from $185.00 to $196.00 and gave the stock a “hold” rating in a research note on Monday, December 9th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $197.00 price objective on shares of Vail Resorts in a report on Monday, December 23rd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $204.50.

Vail Resorts Stock Up 5.3 %

MTN opened at $175.58 on Tuesday. The stock has a market cap of $6.57 billion, a PE ratio of 29.17, a price-to-earnings-growth ratio of 2.13 and a beta of 1.12. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. Vail Resorts, Inc. has a 1-year low of $165.00 and a 1-year high of $236.92. The stock’s fifty day simple moving average is $183.32 and its 200 day simple moving average is $179.16.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, topping the consensus estimate of ($4.99) by $0.38. The business had revenue of $260.28 million during the quarter, compared to the consensus estimate of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. Vail Resorts’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the prior year, the company earned ($4.60) EPS. As a group, research analysts expect that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were issued a $2.22 dividend. The ex-dividend date was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a yield of 5.06%. Vail Resorts’s payout ratio is currently 147.51%.

Vail Resorts 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.