Gilbert & Cook Inc. lowered its stake in Vail Resorts, Inc. (NYSE:MTN – Free Report) by 4.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,251 shares of the company’s stock after selling 57 shares during the quarter. Gilbert & Cook Inc.’s holdings in Vail Resorts were worth $218,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in MTN. Signaturefd LLC boosted its position in shares of Vail Resorts by 150.9% during the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after acquiring an additional 83 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Vail Resorts during the 3rd quarter valued at about $25,000. Capital Performance Advisors LLP bought a new stake in shares of Vail Resorts during the 3rd quarter valued at about $25,000. Brown Brothers Harriman & Co. boosted its position 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 acquiring an additional 153 shares during the last quarter. Finally, UMB Bank n.a. boosted its position in shares of Vail Resorts by 123.5% during the 3rd quarter. UMB Bank n.a. now owns 219 shares of the company’s stock valued at $38,000 after acquiring an additional 121 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.
Vail Resorts Price Performance
Shares of MTN stock opened at $176.28 on Monday. The stock has a market cap of $6.61 billion, a price-to-earnings ratio of 29.23, a PEG ratio of 1.69 and a beta of 1.13. The business’s fifty day moving average is $175.51 and its 200 day moving average is $180.42. Vail Resorts, Inc. has a twelve month low of $165.00 and a twelve month high of $236.92. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 2.62.
Vail Resorts Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were issued a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 5.04%. The ex-dividend date was Tuesday, October 8th. Vail Resorts’s dividend payout ratio (DPR) is 147.26%.
Analysts Set New Price Targets
A number of research firms recently weighed in on MTN. Deutsche Bank Aktiengesellschaft dropped their target price on Vail Resorts from $218.00 to $194.00 and set a “hold” rating for the company in a research report on Monday, September 16th. UBS Group started coverage on Vail Resorts in a research note on Thursday. They issued a “neutral” rating and a $185.00 price target on the stock. StockNews.com cut Vail Resorts from a “hold” rating to a “sell” rating in a research note on Tuesday, November 12th. Barclays decreased their price target on Vail Resorts from $161.00 to $155.00 and set an “underweight” rating on the stock in a research note on Friday, September 27th. Finally, Morgan Stanley lifted their price target on Vail Resorts from $179.00 to $182.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Vail Resorts currently has a consensus rating of “Hold” and a consensus target price of $205.90.
View Our Latest Research Report on Vail Resorts
Insiders Place Their Bets
In other Vail Resorts news, CFO Angela A. Korch purchased 165 shares of the stock in a transaction dated Thursday, October 3rd. The shares were purchased at an average cost of $173.09 per share, with a total value of $28,559.85. Following the completion of the acquisition, the chief financial officer now directly owns 2,187 shares in the company, valued at $378,547.83. This trade represents a 8.16 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John F. Sorte sold 1,670 shares of the company’s stock in a transaction on Wednesday, October 2nd. The shares were 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 in the company, valued at approximately $7,807,360.77. The trade was a 3.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.
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.
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