Sei Investments Co. boosted its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 90.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 59,629 shares of the company’s stock after purchasing an additional 28,300 shares during the quarter. Sei Investments Co. owned about 0.15% of Vail Resorts worth $12,668,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in MTN. Toronto Dominion Bank bought a new stake in shares of Vail Resorts in the 2nd quarter valued at about $100,000. Cerebellum GP LLC bought a new stake in shares of Vail Resorts in the 4th quarter valued at about $114,000. CENTRAL TRUST Co increased its stake in shares of Vail Resorts by 3,147.1% in the 4th quarter. CENTRAL TRUST Co now owns 552 shares of the company’s stock valued at $117,000 after acquiring an additional 535 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of Vail Resorts by 579.8% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 571 shares of the company’s stock valued at $121,000 after acquiring an additional 487 shares during the last quarter. Finally, IFP Advisors Inc increased its stake in shares of Vail Resorts by 61.7% in the 3rd quarter. IFP Advisors Inc now owns 802 shares of the company’s stock valued at $183,000 after acquiring an additional 306 shares during the last quarter. 94.06% of the stock is owned by hedge funds and other institutional investors.
In other news, Director Michele Romanow purchased 225 shares of Vail Resorts stock in a transaction on Tuesday, December 19th. The stock was purchased at an average price of $221.54 per share, with a total value of $49,846.50. Following the transaction, the director now directly owns 1,663 shares in the company, valued at approximately $368,421.02. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 3.30% of the company’s stock.
Vail Resorts, Inc. (MTN) opened at $211.70 on Friday. Vail Resorts, Inc. has a 12-month low of $179.00 and a 12-month high of $237.77. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.41 and a current ratio of 0.56. The firm has a market capitalization of $8,732.36, a P/E ratio of 42.88 and a beta of 0.49.
Vail Resorts (NYSE:MTN) last released its quarterly earnings results on Thursday, December 7th. The company reported ($2.00) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.90) by ($0.10). Vail Resorts had a return on equity of 12.28% and a net margin of 12.55%. The firm had revenue of $220.90 million for the quarter, compared to analyst estimates of $198.95 million. During the same period last year, the company earned ($1.70) EPS. The company’s revenue was up 23.9% compared to the same quarter last year. sell-side analysts expect that Vail Resorts, Inc. will post 6.9 earnings per share for the current year.
A number of analysts have recently commented on MTN shares. Deutsche Bank reaffirmed a “buy” rating and issued a $265.00 price target on shares of Vail Resorts in a research note on Thursday, February 1st. MKM Partners lowered their price target on Vail Resorts to $252.00 and set a “buy” rating for the company in a research note on Tuesday, January 16th. Bank of America boosted their price objective on Vail Resorts from $245.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Stifel Nicolaus boosted their price objective on Vail Resorts from $232.00 to $235.00 and gave the company a “hold” rating in a research report on Friday, December 8th. Finally, Zacks Investment Research lowered Vail Resorts from a “buy” rating to a “hold” rating in a research report on Wednesday, November 29th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $250.67.
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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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