Aperio Group LLC Acquires 1,793 Shares of Vail Resorts, Inc. (NYSE:MTN)
Aperio Group LLC raised its position in Vail Resorts, Inc. (NYSE:MTN) by 26.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,586 shares of the company’s stock after buying an additional 1,793 shares during the period. Aperio Group LLC’s holdings in Vail Resorts were worth $1,741,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of the company. Cookson Peirce & Co. Inc. raised its position in Vail Resorts by 14.8% in the first quarter. Cookson Peirce & Co. Inc. now owns 22,945 shares of the company’s stock worth $4,403,000 after buying an additional 2,960 shares in the last quarter. Canada Pension Plan Investment Board raised its position in Vail Resorts by 58.0% in the first quarter. Canada Pension Plan Investment Board now owns 7,900 shares of the company’s stock worth $1,516,000 after buying an additional 2,900 shares in the last quarter. Breton Hill Capital Ltd. raised its position in Vail Resorts by 286.9% in the first quarter. Breton Hill Capital Ltd. now owns 6,306 shares of the company’s stock worth $1,210,000 after buying an additional 4,676 shares in the last quarter. Granite Investment Partners LLC acquired a new position in Vail Resorts during the first quarter worth about $211,000. Finally, Sit Investment Associates Inc. raised its position in Vail Resorts by 10.2% in the first quarter. Sit Investment Associates Inc. now owns 13,195 shares of the company’s stock worth $2,532,000 after buying an additional 1,225 shares in the last quarter. 97.95% of the stock is owned by institutional investors.
Shares of Vail Resorts, Inc. (NYSE MTN) traded down 0.35% during midday trading on Thursday, hitting $211.98. 54,939 shares of the stock were exchanged. Vail Resorts, Inc. has a one year low of $151.60 and a one year high of $215.94. The company has a market cap of $8.50 billion, a price-to-earnings ratio of 41.26 and a beta of 0.55. The firm has a 50 day moving average of $207.50 and a 200-day moving average of $195.44.
Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Thursday, June 8th. The company reported $4.40 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $4.86 by $0.46. The firm had revenue of $794.60 million during the quarter, compared to analyst estimates of $802.59 million. Vail Resorts had a net margin of 10.78% and a return on equity of 14.99%. Vail Resorts’s revenue was up 22.7% compared to the same quarter last year. During the same period in the previous year, the company posted $4.23 earnings per share. Equities analysts expect that Vail Resorts, Inc. will post $4.86 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 13th. Stockholders of record on Wednesday, June 28th were issued a $1.053 dividend. This represents a $4.21 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend was Monday, June 26th. Vail Resorts’s payout ratio is currently 92.94%.
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A number of equities analysts have issued reports on the stock. Bank of America Corporation reissued a “buy” rating and set a $228.00 price target (up from $205.00) on shares of Vail Resorts in a research report on Friday, June 9th. BidaskClub raised shares of Vail Resorts from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. William Blair assumed coverage on shares of Vail Resorts in a research report on Friday, July 21st. They set an “outperform” rating for the company. Janney Montgomery Scott raised their price target on shares of Vail Resorts from $220.00 to $245.00 and gave the stock a “buy” rating in a research report on Monday, June 12th. Finally, Wells Fargo & Company reissued an “outperform” rating and set a $233.00 price target (up from $207.50) on shares of Vail Resorts in a research report on Sunday, June 11th. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $211.11.
Vail Resorts Company Profile
Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. Its Mountain segment operates over 10 mountain resort properties and approximately three urban ski areas, as well as ancillary services, primarily including, ski school, dining, and retail/rental operations.
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