Vail Resorts, Inc. (NYSE:MTN) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its holdings in Vail Resorts, Inc. (NYSE:MTN) by 14,502.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,041 shares of the company’s stock after purchasing an additional 47,712 shares during the quarter. International Assets Investment Management LLC owned about 0.13% of Vail Resorts worth $10,255,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of MTN. Pittenger & Anderson Inc. raised its holdings in shares of Vail Resorts by 125.0% in the third quarter. Pittenger & Anderson Inc. now owns 117 shares of the company’s stock valued at $26,000 after buying an additional 65 shares during the last quarter. Park Place Capital Corp grew its stake in shares of Vail Resorts by 531.6% in the 4th quarter. Park Place Capital Corp now owns 120 shares of the company’s stock valued at $26,000 after purchasing an additional 101 shares during the last quarter. Rise Advisors LLC increased its holdings in shares of Vail Resorts by 62.2% in the fourth quarter. Rise Advisors LLC now owns 159 shares of the company’s stock valued at $34,000 after purchasing an additional 61 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of Vail Resorts in the third quarter valued at approximately $64,000. Finally, GPS Wealth Strategies Group LLC raised its stake in shares of Vail Resorts by 534.5% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 349 shares of the company’s stock worth $75,000 after purchasing an additional 294 shares during the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Vail Resorts Price Performance

Shares of NYSE:MTN opened at $195.02 on Monday. Vail Resorts, Inc. has a 12 month low of $188.43 and a 12 month high of $258.13. The firm has a market capitalization of $7.40 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 2.16 and a beta of 1.14. The business’s 50 day simple moving average is $218.68 and its 200-day simple moving average is $219.98. The company has a debt-to-equity ratio of 2.37, a current ratio of 0.96 and a quick ratio of 0.85.

Vail Resorts (NYSE:MTN) last posted its earnings results on Monday, March 11th. The company reported $5.76 EPS for the quarter, missing analysts’ consensus estimates of $6.07 by ($0.31). The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Vail Resorts had a return on equity of 19.16% and a net margin of 8.44%. The firm’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.16 earnings per share. As a group, equities analysts forecast that Vail Resorts, Inc. will post 7.6 earnings per share for the current fiscal year.

Vail Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were issued a dividend of $2.22 per share. This is an increase from Vail Resorts’s previous quarterly dividend of $2.06. This represents a $8.88 annualized dividend and a yield of 4.55%. The ex-dividend date was Wednesday, March 27th. Vail Resorts’s dividend payout ratio (DPR) is 148.25%.

Insiders Place Their Bets

In other news, Director Peter A. Vaughn sold 1,000 shares of the stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $222.77, for a total value of $222,770.00. Following the sale, the director now directly owns 7,592 shares in the company, valued at $1,691,269.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MTN. Mizuho began coverage on shares of Vail Resorts in a research note on Tuesday, March 26th. They issued a “buy” rating and a $256.00 price objective on the stock. JPMorgan Chase & Co. cut their price target on shares of Vail Resorts from $252.00 to $243.00 and set a “neutral” rating for the company in a report on Monday, April 22nd. Morgan Stanley reduced their price objective on shares of Vail Resorts from $242.00 to $229.00 and set an “equal weight” rating for the company in a research report on Monday, April 22nd. Bank of America cut Vail Resorts from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $285.00 to $250.00 in a research report on Friday, March 8th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $263.00 target price on shares of Vail Resorts in a research note on Friday, March 22nd. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $260.11.

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.