Ryan H. Siurek Sells 322 Shares of Vail Resorts, Inc. (MTN) Stock
Vail Resorts, Inc. (NYSE:MTN) SVP Ryan H. Siurek sold 322 shares of the firm’s stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of $221.25, for a total value of $71,242.50. Following the completion of the transaction, the senior vice president now owns 520 shares of the company’s stock, valued at approximately $115,050. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Vail Resorts, Inc. (MTN) traded up $1.69 during midday trading on Wednesday, hitting $223.06. The company’s stock had a trading volume of 379,691 shares, compared to its average volume of 470,474. The stock has a market cap of $9,010.00, a price-to-earnings ratio of 34.96 and a beta of 0.55. Vail Resorts, Inc. has a twelve month low of $183.85 and a twelve month high of $237.77. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.73 and a quick ratio of 0.58.
Vail Resorts (NYSE:MTN) last released its quarterly earnings data on Thursday, March 8th. The company reported $4.12 earnings per share for the quarter, beating the Zacks’ consensus estimate of $3.55 by $0.57. The business had revenue of $734.58 million during the quarter, compared to analyst estimates of $716.72 million. Vail Resorts had a return on equity of 13.17% and a net margin of 16.91%. The company’s revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the business posted $3.63 EPS. sell-side analysts expect that Vail Resorts, Inc. will post 8.54 earnings per share for the current year.
Several institutional investors have recently made changes to their positions in the stock. Public Employees Retirement Association of Colorado increased its stake in shares of Vail Resorts by 0.4% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 65,377 shares of the company’s stock valued at $13,891,000 after purchasing an additional 268 shares in the last quarter. Aperio Group LLC increased its stake in shares of Vail Resorts by 2.9% in the 4th quarter. Aperio Group LLC now owns 10,026 shares of the company’s stock valued at $2,130,000 after purchasing an additional 280 shares in the last quarter. Texas Yale Capital Corp. increased its stake in shares of Vail Resorts by 5.2% in the 3rd quarter. Texas Yale Capital Corp. now owns 6,475 shares of the company’s stock valued at $1,477,000 after purchasing an additional 320 shares in the last quarter. Brown Advisory Inc. increased its stake in shares of Vail Resorts by 9.5% in the 4th quarter. Brown Advisory Inc. now owns 3,728 shares of the company’s stock valued at $792,000 after purchasing an additional 322 shares in the last quarter. Finally, Xact Kapitalforvaltning AB increased its stake in shares of Vail Resorts by 10.5% in the 4th quarter. Xact Kapitalforvaltning AB now owns 3,756 shares of the company’s stock valued at $798,000 after purchasing an additional 358 shares in the last quarter. Hedge funds and other institutional investors own 95.77% of the company’s stock.
MTN has been the subject of a number of recent research reports. Stifel Nicolaus lifted their price objective on Vail Resorts from $232.00 to $235.00 and gave the company a “hold” rating in a research note on Friday, December 8th. Zacks Investment Research lowered Vail Resorts from a “buy” rating to a “hold” rating in a research note on Wednesday, November 29th. MKM Partners reduced their price objective on Vail Resorts to $252.00 and set a “buy” rating for the company in a research note on Tuesday, January 16th. Finally, Deutsche Bank initiated coverage on Vail Resorts in a research note on Wednesday, December 13th. They set a “buy” rating and a $265.00 price objective for the company. One 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. Vail Resorts has an average rating of “Buy” and a consensus target price of $250.67.
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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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