Vail Resorts, Inc. (NYSE:MTN) Stock Position Lowered by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC decreased its position in Vail Resorts, Inc. (NYSE:MTN) by 2.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 16,114 shares of the company’s stock after selling 428 shares during the period. OneDigital Investment Advisors LLC’s holdings in Vail Resorts were worth $2,809,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MTN. TPG GP A LLC boosted its position in shares of Vail Resorts by 17.4% in the second quarter. TPG GP A LLC now owns 899,446 shares of the company’s stock worth $162,017,000 after buying an additional 133,607 shares during the period. The Manufacturers Life Insurance Company lifted its stake in Vail Resorts by 673.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 635,546 shares of the company’s stock worth $114,481,000 after acquiring an additional 553,337 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Vail Resorts by 36.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 356,386 shares of the company’s stock worth $64,195,000 after acquiring an additional 94,923 shares during the period. First Pacific Advisors LP purchased a new position in Vail Resorts during the 2nd quarter valued at about $62,466,000. Finally, River Road Asset Management LLC increased its holdings in shares of Vail Resorts by 606.6% in the 3rd quarter. River Road Asset Management LLC now owns 341,311 shares of the company’s stock valued at $59,487,000 after purchasing an additional 293,006 shares during the period. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Vail Resorts Stock Down 1.1 %

Shares of MTN stock opened at $176.28 on Friday. The company has a market capitalization 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 company has a debt-to-equity ratio of 2.62, a quick ratio of 0.71 and a current ratio of 0.82. The stock’s 50 day simple moving average is $175.51 and its 200 day simple moving average is $180.50. Vail Resorts, Inc. has a twelve month low of $165.00 and a twelve month high of $236.92.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Thursday, September 26th. The company reported ($4.67) earnings per share for the quarter, missing analysts’ consensus estimates of ($4.28) by ($0.39). Vail Resorts had a return on equity of 20.76% and a net margin of 7.99%. The firm had revenue of $265.39 million during the quarter, compared to analyst estimates of $264.84 million. During the same quarter in the previous year, the firm posted ($3.35) earnings per share. Vail Resorts’s quarterly revenue was down 1.6% compared to the same quarter last year. As a group, research analysts predict that Vail Resorts, Inc. will post 7.27 EPS for the current year.

Vail Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were issued a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date was Tuesday, October 8th. Vail Resorts’s dividend payout ratio (DPR) is 147.26%.

Insider Activity

In other Vail Resorts news, CFO Angela A. Korch bought 165 shares of the firm’s stock in a transaction that occurred on Thursday, October 3rd. The stock was purchased at an average price of $173.09 per share, for a total transaction of $28,559.85. Following the purchase, 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 ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John F. Sorte sold 1,670 shares of Vail Resorts stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $173.07, for a total value of $289,026.90. Following the completion of the transaction, the director now directly owns 45,111 shares in the company, valued at approximately $7,807,360.77. This represents a 3.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. UBS Group started coverage on shares of Vail Resorts in a report on Thursday. They set a “neutral” rating and a $185.00 price target for the company. Barclays decreased their target price on shares of Vail Resorts from $161.00 to $155.00 and set an “underweight” rating for the company in a research note on Friday, September 27th. Macquarie reaffirmed a “neutral” rating and issued a $180.00 price target on shares of Vail Resorts in a research note on Wednesday, October 2nd. Stifel Nicolaus reduced their price objective on Vail Resorts from $223.00 to $216.00 and set a “buy” rating for the company in a research report on Friday, September 27th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Vail Resorts from $218.00 to $194.00 and set a “hold” rating on the stock in a research report on Monday, September 16th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $205.90.

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.