Quadrant Capital Group LLC Grows Position in Vail Resorts, Inc. (NYSE:MTN)

Quadrant Capital Group LLC grew its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 31.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 358 shares of the company’s stock after purchasing an additional 85 shares during the quarter. Quadrant Capital Group LLC’s holdings in Vail Resorts were worth $76,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MTN. Heartland Advisors Inc. grew its position in Vail Resorts by 428.4% during the fourth quarter. Heartland Advisors Inc. now owns 75,525 shares of the company’s stock valued at $16,122,000 after buying an additional 61,232 shares during the period. Torray Investment Partners LLC grew its position in shares of Vail Resorts by 33.9% during the 4th quarter. Torray Investment Partners LLC now owns 14,389 shares of the company’s stock valued at $3,072,000 after acquiring an additional 3,641 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in shares of Vail Resorts by 107.2% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 3,460 shares of the company’s stock valued at $739,000 after purchasing an additional 1,790 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Vail Resorts by 111.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 36,948 shares of the company’s stock worth $7,887,000 after purchasing an additional 19,481 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Vail Resorts by 2.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 259,239 shares of the company’s stock worth $55,347,000 after purchasing an additional 6,336 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Insider Activity

In related news, Director Peter A. Vaughn sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $222.77, for a total transaction of $222,770.00. Following the completion of 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 SEC, which is available through the SEC website. Corporate insiders own 1.20% of the company’s stock.

Vail Resorts Stock Up 1.1 %

MTN stock opened at $192.00 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 2.37. The firm has a 50-day moving average of $210.89 and a two-hundred day moving average of $218.28. Vail Resorts, Inc. has a 12 month low of $188.43 and a 12 month high of $258.13. The company has a market cap of $7.29 billion, a price-to-earnings ratio of 32.05, a PEG ratio of 2.12 and a beta of 1.14.

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

Vail Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were issued a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 4.63%. The ex-dividend date was Wednesday, March 27th. This is a positive change from Vail Resorts’s previous quarterly dividend of $2.06. Vail Resorts’s payout ratio is currently 148.25%.

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.