SeaCrest Wealth Management LLC purchased a new stake in shares of Vail Resorts, Inc. (NYSE:MTN) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 2,365 shares of the company’s stock, valued at approximately $502,000.

Several other institutional investors have also added to or reduced their stakes in MTN. Toronto Dominion Bank bought a new position in shares of Vail Resorts during the 2nd quarter valued at $100,000. Cerebellum GP LLC bought a new position in shares of Vail Resorts during the 4th quarter valued at $114,000. CENTRAL TRUST Co raised its holdings in shares of Vail Resorts by 3,147.1% during the 4th quarter. CENTRAL TRUST Co now owns 552 shares of the company’s stock valued at $117,000 after purchasing an additional 535 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Vail Resorts by 579.8% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 571 shares of the company’s stock valued at $121,000 after purchasing an additional 487 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in Vail Resorts by 61.7% in the 3rd quarter. IFP Advisors Inc now owns 802 shares of the company’s stock worth $183,000 after acquiring an additional 306 shares during the period. Institutional investors and hedge funds own 94.39% of the company’s stock.

Vail Resorts, Inc. (NYSE:MTN) opened at $211.94 on Wednesday. The company has a market cap of $8,591.34, a price-to-earnings ratio of 42.19 and a beta of 0.49. Vail Resorts, Inc. has a twelve month low of $174.25 and a twelve month high of $237.77. The company has a quick ratio of 0.41, a current ratio of 0.56 and a debt-to-equity ratio of 0.78.

Vail Resorts (NYSE:MTN) last announced its earnings results on Thursday, December 7th. The company reported ($2.00) EPS for the quarter, missing the consensus estimate of ($1.90) by ($0.10). The firm had revenue of $220.90 million during the quarter, compared to the consensus estimate of $198.95 million. Vail Resorts had a return on equity of 12.28% and a net margin of 12.55%. The business’s revenue was up 23.9% compared to the same quarter last year. During the same quarter last year, the business earned ($1.70) EPS. analysts expect that Vail Resorts, Inc. will post 6.9 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 10th. Shareholders of record on Wednesday, December 27th were given a $1.053 dividend. The ex-dividend date of this dividend was Tuesday, December 26th. This represents a $4.21 annualized dividend and a yield of 1.99%. Vail Resorts’s dividend payout ratio is 71.48%.

MTN has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Vail Resorts from a “hold” rating to a “strong-buy” rating and set a $264.00 target price on the stock in a report on Wednesday, October 25th. Bank of America lifted their target price on shares of Vail Resorts from $245.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Stifel Nicolaus lifted their target price on shares of Vail Resorts from $232.00 to $235.00 and gave the stock a “hold” rating in a report on Friday, December 8th. Deutsche Bank initiated coverage on shares of Vail Resorts in a report on Wednesday, December 13th. They issued a “buy” rating and a $265.00 target price on the stock. Finally, MKM Partners dropped their target price on shares of Vail Resorts to $252.00 and set a “buy” rating on the stock in a report on Tuesday, January 16th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $250.67.

In related news, Director Michele Romanow purchased 225 shares of the firm’s stock in a transaction on Tuesday, December 19th. The shares were bought at an average cost of $221.54 per share, for a total transaction of $49,846.50. Following the transaction, the director now directly owns 1,663 shares of the company’s stock, valued at approximately $368,421.02. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 3.30% of the company’s stock.

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Vail Resorts 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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Institutional Ownership by Quarter for Vail Resorts (NYSE:MTN)

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