Sanctuary Advisors LLC Decreases Position in Vail Resorts, Inc. (NYSE:MTN)

Sanctuary Advisors LLC cut its holdings in Vail Resorts, Inc. (NYSE:MTN) by 65.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,967 shares of the company’s stock after selling 13,251 shares during the period. Sanctuary Advisors LLC’s holdings in Vail Resorts were worth $1,284,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MTN. Signaturefd LLC lifted its stake 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 acquiring an additional 83 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in Vail Resorts in the 3rd quarter worth approximately $25,000. Capital Performance Advisors LLP bought a new stake in Vail Resorts in the third quarter valued at approximately $25,000. Brown Brothers Harriman & Co. boosted its stake in shares of Vail Resorts by 318.8% during the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock valued at $36,000 after purchasing an additional 153 shares during the period. Finally, UMB Bank n.a. boosted its stake in shares of Vail Resorts by 123.5% during 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. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MTN has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. StockNews.com upgraded shares of Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. Macquarie increased their target price on shares of Vail Resorts from $180.00 to $195.00 and gave the stock a “neutral” rating in a report on Wednesday, December 11th. UBS Group started coverage on Vail Resorts in a research note on Thursday, November 14th. They set a “neutral” rating and a $185.00 target price on the stock. Finally, Morgan Stanley boosted their price target on shares of Vail Resorts from $182.00 to $197.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 10th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Vail Resorts presently has an average rating of “Hold” and an average target price of $205.50.

Vail Resorts Trading Up 1.4 %

NYSE:MTN opened at $184.32 on Friday. Vail Resorts, Inc. has a one year low of $165.00 and a one year high of $236.92. The company’s 50-day simple moving average is $178.54 and its 200 day simple moving average is $178.82. The firm has a market capitalization of $6.90 billion, a P/E ratio of 30.62, a PEG ratio of 2.22 and a beta of 1.14. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.71.

Vail Resorts (NYSE:MTN) last released its earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping analysts’ consensus estimates of ($4.99) by $0.38. The firm had revenue of $260.28 million for the quarter, compared to analysts’ expectations of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company’s quarterly revenue was up .7% on a year-over-year basis. During the same period in the prior year, the firm posted ($4.60) earnings per share. As a group, analysts forecast that Vail Resorts, Inc. will post 7.49 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 26th will be given a $2.22 dividend. The ex-dividend date is Thursday, December 26th. This represents a $8.88 annualized dividend and a yield of 4.82%. Vail Resorts’s dividend payout ratio (DPR) is presently 147.51%.

Insider Transactions at Vail Resorts

In related news, Director John F. Sorte sold 1,670 shares of the firm’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were 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 in the company, valued at approximately $7,807,360.77. This trade represents a 3.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Angela A. Korch bought 165 shares of the firm’s stock in a transaction on Thursday, October 3rd. The shares were bought at an average price of $173.09 per share, with a total value of $28,559.85. Following the completion of the purchase, the chief financial officer now owns 2,187 shares in the company, valued at approximately $378,547.83. The trade was a 8.16 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company’s stock.

Vail Resorts Company 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.