8,996 Shares in Vail Resorts, Inc. (NYSE:MTN) Purchased by Centiva Capital LP

Centiva Capital LP acquired a new stake in shares of Vail Resorts, Inc. (NYSE:MTN) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,996 shares of the company’s stock, valued at approximately $1,568,000.

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

Insider Buying and Selling at Vail Resorts

In other news, CFO Angela A. Korch bought 165 shares of the company’s stock in a transaction dated Thursday, October 3rd. The stock was bought at an average cost 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 in the company, valued at approximately $378,547.83. This trade represents a 8.16 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Robert A. Katz sold 9,296 shares of the firm’s stock in a transaction dated 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 completion of the sale, the insider now directly owns 245,961 shares of the company’s stock, valued at approximately $43,284,216.78. This represents a 3.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Macquarie reissued a “neutral” rating and issued a $180.00 target price on shares of Vail Resorts in a research note on Wednesday, October 2nd. UBS Group initiated coverage on Vail Resorts in a research report on Thursday, November 14th. They issued a “neutral” rating and a $185.00 price objective on the stock. StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft lowered their price target on Vail Resorts from $218.00 to $194.00 and set a “hold” rating for the company in a research note on Monday, September 16th. Finally, Morgan Stanley raised their price objective 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. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Vail Resorts currently has an average rating of “Hold” and an average target price of $205.90.

Vail Resorts Stock Up 2.4 %

Vail Resorts stock opened at $181.06 on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 2.62. Vail Resorts, Inc. has a 1-year low of $165.00 and a 1-year high of $236.92. The firm has a market capitalization of $6.79 billion, a price-to-earnings ratio of 30.03, a price-to-earnings-growth ratio of 1.69 and a beta of 1.14. The firm’s fifty day moving average price is $175.20 and its two-hundred day moving average price is $178.98.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Thursday, September 26th. The company reported ($4.67) earnings per share for the quarter, missing analysts’ consensus estimates of ($4.28) by ($0.39). The company had revenue of $265.39 million during the quarter, compared to analysts’ expectations of $264.84 million. Vail Resorts had a return on equity of 20.76% and a net margin of 7.99%. Vail Resorts’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period last year, the firm posted ($3.35) earnings per share. On average, equities research analysts predict 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 issued a $2.22 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $8.88 annualized dividend and a dividend yield of 4.90%. Vail Resorts’s payout ratio is currently 147.26%.

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.