Epoch Investment Partners Inc. Has $45.02 Million Stock Position in Vail Resorts, Inc. $MTN

Epoch Investment Partners Inc. lifted its position in Vail Resorts, Inc. (NYSE:MTN) by 16.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 338,978 shares of the company’s stock after buying an additional 47,332 shares during the quarter. Epoch Investment Partners Inc. owned about 0.95% of Vail Resorts worth $45,016,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of MTN. Capital World Investors lifted its stake in shares of Vail Resorts by 67.0% in the third quarter. Capital World Investors now owns 3,013,463 shares of the company’s stock worth $450,724,000 after buying an additional 1,208,874 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Vail Resorts by 15,313.2% in the fourth quarter. HighTower Advisors LLC now owns 450,066 shares of the company’s stock worth $59,769,000 after buying an additional 447,146 shares during the last quarter. Norges Bank acquired a new stake in shares of Vail Resorts in the fourth quarter worth $41,106,000. Bamco Inc. NY lifted its stake in shares of Vail Resorts by 4.1% in the third quarter. Bamco Inc. NY now owns 5,702,692 shares of the company’s stock worth $852,952,000 after buying an additional 227,143 shares during the last quarter. Finally, M&T Bank Corp acquired a new position in Vail Resorts during the 4th quarter valued at $28,521,000. 94.90% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Trading Up 0.1%

Shares of Vail Resorts stock opened at $133.48 on Monday. The firm has a market capitalization of $4.76 billion, a PE ratio of 30.34, a price-to-earnings-growth ratio of 12.35 and a beta of 0.72. The company has a debt-to-equity ratio of 3.22, a current ratio of 0.91 and a quick ratio of 0.79. The company’s fifty day moving average price is $128.70 and its two-hundred day moving average price is $135.20. Vail Resorts, Inc. has a 52-week low of $118.51 and a 52-week high of $172.00.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings results on Monday, June 8th. The company reported $8.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.97 by ($0.16). The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.20 billion. Vail Resorts had a net margin of 5.38% and a return on equity of 21.88%. The company’s quarterly revenue was down 7.0% compared to the same quarter last year. During the same period last year, the firm earned $10.54 EPS. On average, analysts expect that Vail Resorts, Inc. will post 4.37 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th will be issued a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Thursday, June 25th. Vail Resorts’s payout ratio is 201.82%.

Analyst Upgrades and Downgrades

Several research firms recently commented on MTN. UBS Group reiterated a “neutral” rating on shares of Vail Resorts in a research note on Tuesday, June 9th. Zacks Research cut shares of Vail Resorts from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 28th. Morgan Stanley cut their target price on shares of Vail Resorts from $151.00 to $147.00 and set an “equal weight” rating for the company in a research note on Thursday, March 12th. Wells Fargo & Company began coverage on shares of Vail Resorts in a research note on Wednesday, March 11th. They set an “equal weight” rating and a $135.00 target price for the company. Finally, Stifel Nicolaus cut their target price on shares of Vail Resorts from $172.00 to $167.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $151.45.

About Vail Resorts

Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company’s signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.

Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.