Conestoga Capital Advisors LLC Acquires 445 Shares of Vail Resorts, Inc. (NYSE:MTN)

Conestoga Capital Advisors LLC raised its holdings in Vail Resorts, Inc. (NYSE:MTN) by 0.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 94,339 shares of the company’s stock after buying an additional 445 shares during the quarter. Conestoga Capital Advisors LLC owned 0.25% of Vail Resorts worth $16,442,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Fairbanks Capital Management Inc. increased its holdings in shares of Vail Resorts by 2.5% during the 2nd quarter. Fairbanks Capital Management Inc. now owns 2,563 shares of the company’s stock worth $462,000 after purchasing an additional 63 shares during the period. Artemis Investment Management LLP boosted its stake in Vail Resorts by 4.6% during the second quarter. Artemis Investment Management LLP now owns 1,700 shares of the company’s stock worth $306,000 after buying an additional 75 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Vail Resorts by 8.5% in the 1st quarter. Advisors Asset Management Inc. now owns 993 shares of the company’s stock valued at $221,000 after purchasing an additional 78 shares during the period. Signaturefd LLC raised its holdings in shares of Vail Resorts by 150.9% in the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock worth $25,000 after buying an additional 83 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Vail Resorts by 20.9% during the 2nd quarter. Fifth Third Bancorp now owns 486 shares of the company’s stock worth $88,000 after buying an additional 84 shares during the period. 94.94% of the stock is owned by institutional investors.

Insider Transactions at Vail Resorts

In other Vail Resorts news, CFO Angela A. Korch bought 165 shares of the firm’s stock in a transaction that occurred on Thursday, October 3rd. The stock was acquired at an average price of $173.09 per share, with a total value of $28,559.85. Following the completion of the transaction, the chief financial officer now owns 2,187 shares in the company, valued at approximately $378,547.83. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Robert A. Katz sold 9,296 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $175.98, for a total transaction of $1,635,910.08. Following the sale, the insider now owns 245,961 shares in the company, valued at $43,284,216.78. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Angela A. Korch bought 165 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were purchased at an average price of $173.09 per share, for a total transaction of $28,559.85. Following the completion of the acquisition, the chief financial officer now owns 2,187 shares of the company’s stock, valued at $378,547.83. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on MTN shares. StockNews.com cut shares of Vail Resorts from a “hold” rating to a “sell” rating in a research report on Friday, September 27th. Stifel Nicolaus dropped their price objective on shares of Vail Resorts from $223.00 to $216.00 and set a “buy” rating for the company in a report on Friday, September 27th. Morgan Stanley boosted their target price on Vail Resorts from $179.00 to $182.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 25th. Macquarie reaffirmed a “neutral” rating and set a $180.00 price target on shares of Vail Resorts in a report on Wednesday, October 2nd. Finally, Barclays cut their price objective on Vail Resorts from $161.00 to $155.00 and set an “underweight” rating for the company in a research report on Friday, September 27th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $208.22.

Vail Resorts Trading Up 0.2 %

MTN traded up $0.26 during midday trading on Friday, reaching $165.95. 86,788 shares of the company were exchanged, compared to its average volume of 522,306. The stock has a market capitalization of $6.22 billion, a P/E ratio of 27.47, a PEG ratio of 1.62 and a beta of 1.13. Vail Resorts, Inc. has a one year low of $165.14 and a one year high of $236.92. The stock’s 50-day simple moving average is $176.93 and its 200 day simple moving average is $183.04. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.71 and a current ratio of 0.82.

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

Vail Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were issued a $2.22 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.35%. Vail Resorts’s dividend payout ratio (DPR) is presently 147.26%.

Vail Resorts Profile

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.