Amundi Pioneer Asset Management Inc. bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 94,689 shares of the company’s stock, valued at approximately $20,119,000. Amundi Pioneer Asset Management Inc. owned about 0.23% of Vail Resorts at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Alliancebernstein L.P. grew its holdings in Vail Resorts by 7.5% during the 4th quarter. Alliancebernstein L.P. now owns 653,181 shares of the company’s stock worth $138,781,000 after acquiring an additional 45,742 shares during the last quarter. Bluestein R H & Co. bought a new stake in Vail Resorts during the 4th quarter worth approximately $351,000. Geode Capital Management LLC grew its holdings in Vail Resorts by 5.3% during the 4th quarter. Geode Capital Management LLC now owns 340,114 shares of the company’s stock worth $72,217,000 after acquiring an additional 17,132 shares during the last quarter. Amalgamated Bank grew its holdings in Vail Resorts by 6.9% during the 4th quarter. Amalgamated Bank now owns 8,015 shares of the company’s stock worth $1,703,000 after acquiring an additional 516 shares during the last quarter. Finally, Ascend Capital LLC bought a new stake in Vail Resorts during the 4th quarter worth approximately $3,671,000. 95.77% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Vail Resorts, Inc. (NYSE MTN) opened at $223.42 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.73 and a quick ratio of 0.58. Vail Resorts, Inc. has a 12 month low of $183.85 and a 12 month high of $237.77. The company has a market cap of $9,030.00, a price-to-earnings ratio of 35.02 and a beta of 0.55.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Tuesday, March 27th will be paid a $1.47 dividend. This is a positive change from Vail Resorts’s previous quarterly dividend of $1.05. This represents a $5.88 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Monday, March 26th. Vail Resorts’s dividend payout ratio is currently 65.99%.
In other news, Director Michele Romanow acquired 225 shares of Vail Resorts stock in a transaction dated Tuesday, December 19th. The shares were bought at an average cost of $221.54 per share, with a total value of $49,846.50. Following the purchase, the director now owns 1,663 shares in the company, valued at approximately $368,421.02. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 3.30% of the company’s stock.
MTN has been the topic of a number of research reports. Zacks Investment Research lowered shares of Vail Resorts from a “hold” rating to a “sell” rating in a report on Monday, December 11th. MKM Partners reduced their target price on shares of Vail Resorts to $252.00 and set a “buy” rating on the stock in a report on Tuesday, January 16th. Deutsche Bank initiated coverage on shares of Vail Resorts in a report on Wednesday, December 13th. They set a “buy” rating and a $265.00 target price on the stock. Finally, Stifel Nicolaus boosted their target price on shares of Vail Resorts from $232.00 to $235.00 and gave the stock a “hold” rating in a report on Friday, December 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Vail Resorts presently has an average rating of “Buy” and an average target price of $250.67.
Vail Resorts Company 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.
Receive News & Ratings for Vail Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vail Resorts and related companies with MarketBeat.com's FREE daily email newsletter.