Vail Resorts, Inc. (NYSE:MTN) Shares Purchased by Blueshift Asset Management LLC

Blueshift Asset Management LLC boosted its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 493.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,619 shares of the company’s stock after buying an additional 6,336 shares during the period. Blueshift Asset Management LLC’s holdings in Vail Resorts were worth $1,428,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in Vail Resorts during the 4th quarter valued at $33,000. Blue Trust Inc. lifted its position in Vail Resorts by 246.7% in the 4th quarter. Blue Trust Inc. now owns 208 shares of the company’s stock worth $36,000 after buying an additional 148 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of Vail Resorts during the 4th quarter valued at $40,000. UMB Bank n.a. increased its stake in shares of Vail Resorts by 37.9% in the fourth quarter. UMB Bank n.a. now owns 302 shares of the company’s stock worth $57,000 after acquiring an additional 83 shares during the last quarter. Finally, Quarry LP raised its holdings in shares of Vail Resorts by 418.6% during the third quarter. Quarry LP now owns 363 shares of the company’s stock worth $63,000 after acquiring an additional 293 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. JPMorgan Chase & Co. upped their target price on Vail Resorts from $166.00 to $167.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 11th. Morgan Stanley dropped their price target on shares of Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 11th. Macquarie decreased their target price on Vail Resorts from $195.00 to $185.00 and set a “neutral” rating for the company in a research note on Wednesday, March 12th. Barclays reiterated an “underweight” rating and set a $152.00 price target (down from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Finally, 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 research note on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $193.56.

Insider Activity

In other news, CFO Angela A. Korch bought 185 shares of Vail Resorts stock in a transaction dated Thursday, March 13th. The shares were bought at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the purchase, the chief financial officer now owns 2,956 shares of the company’s stock, valued at approximately $472,960. This trade represents a 6.68 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.20% of the company’s stock.

Vail Resorts Stock Performance

Shares of NYSE MTN opened at $163.85 on Thursday. Vail Resorts, Inc. has a one year low of $151.99 and a one year high of $233.57. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. The business has a fifty day simple moving average of $166.28 and a 200 day simple moving average of $175.19. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 27.22, a PEG ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last released its quarterly earnings data on Monday, March 10th. The company reported $6.56 EPS for the quarter, topping analysts’ consensus estimates of $6.29 by $0.27. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the firm earned $5.76 EPS. Sell-side analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 27th will be issued a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 5.42%. The ex-dividend date is Thursday, March 27th. Vail Resorts’s payout ratio is 130.21%.

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.