Vail Resorts, Inc. (NYSE:MTN) Shares Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP increased its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 555.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,610 shares of the company’s stock after purchasing an additional 6,449 shares during the period. GSA Capital Partners LLP’s holdings in Vail Resorts were worth $1,326,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in MTN. Signaturefd LLC grew its position in shares of Vail Resorts by 150.9% in the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after buying an additional 83 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Vail Resorts in the 3rd quarter valued at $25,000. Capital Performance Advisors LLP purchased a new stake in Vail Resorts in the 3rd quarter valued at $25,000. Brown Brothers Harriman & Co. boosted its stake in Vail Resorts by 318.8% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock worth $36,000 after purchasing an additional 153 shares during the period. Finally, UMB Bank n.a. increased its stake in Vail Resorts by 123.5% in the third quarter. UMB Bank n.a. now owns 219 shares of the company’s stock valued at $38,000 after purchasing an additional 121 shares during the period. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Vail Resorts Stock Performance

NYSE:MTN opened at $179.82 on Thursday. The firm’s fifty day simple moving average is $175.82 and its 200-day simple moving average is $180.71. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 2.62. The stock has a market cap of $6.74 billion, a PE ratio of 29.82, a price-to-earnings-growth ratio of 1.75 and a beta of 1.13. Vail Resorts, Inc. has a fifty-two week low of $165.00 and a fifty-two week high of $236.92.

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

Vail Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were given a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date was Tuesday, October 8th. Vail Resorts’s dividend payout ratio is currently 147.26%.

Insider Transactions at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch acquired 165 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were purchased at an average cost of $173.09 per share, with a total value of $28,559.85. Following the purchase, the chief financial officer now owns 2,187 shares in the company, valued at approximately $378,547.83. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, Director John F. Sorte sold 1,670 shares of the company’s 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 sale, the director now owns 45,111 shares of the company’s stock, valued at approximately $7,807,360.77. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Angela A. Korch bought 165 shares of the stock in a transaction on Thursday, October 3rd. The shares were bought at an average price of $173.09 per share, for a total transaction of $28,559.85. Following the acquisition, the chief financial officer now owns 2,187 shares in the company, valued at $378,547.83. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

MTN has been the topic of a number of research reports. StockNews.com lowered Vail Resorts from a “hold” rating to a “sell” rating in a report on Tuesday. Morgan Stanley upped their price target on Vail Resorts from $179.00 to $182.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. Barclays lowered their price objective on shares of Vail Resorts from $161.00 to $155.00 and set an “underweight” rating on the stock in a research report on Friday, September 27th. Stifel Nicolaus cut their price objective on shares of 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 lowered their target price on shares of Vail Resorts from $218.00 to $194.00 and set a “hold” rating on the stock in a report on Monday, September 16th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $208.22.

About Vail Resorts

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.