Keybank National Association OH lessened its stake in Vail Resorts, Inc. (NYSE:MTN) by 6.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,781 shares of the company’s stock after selling 269 shares during the period. Keybank National Association OH’s holdings in Vail Resorts were worth $863,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of Vail Resorts by 17.0% during the second quarter. BlackRock Inc. now owns 2,068,244 shares of the company’s stock worth $419,502,000 after acquiring an additional 300,793 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its stake in shares of Vail Resorts by 15,556.3% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 255,197 shares of the company’s stock worth $51,762,000 after acquiring an additional 253,567 shares during the last quarter. State Street Corp grew its stake in shares of Vail Resorts by 40.2% during the second quarter. State Street Corp now owns 718,192 shares of the company’s stock worth $145,687,000 after acquiring an additional 206,079 shares during the last quarter. 1060 Capital LLC purchased a new stake in shares of Vail Resorts during the second quarter worth about $30,547,000. Finally, Sumitomo Mitsui Trust Holdings Inc. purchased a new stake in shares of Vail Resorts during the second quarter worth about $22,656,000. Institutional investors own 94.85% of the company’s stock.

A number of equities research analysts have recently weighed in on MTN shares. Zacks Investment Research upgraded Vail Resorts from a “hold” rating to a “strong-buy” rating and set a $264.00 price target on the stock in a research note on Wednesday, October 25th. Barclays PLC boosted their price target on Vail Resorts from $226.00 to $247.00 and gave the stock an “overweight” rating in a research note on Friday, September 29th. William Blair started coverage on Vail Resorts in a research note on Friday, July 21st. They set an “outperform” rating on the stock. BidaskClub upgraded Vail Resorts from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Finally, Bank of America Corporation boosted their price target on Vail Resorts from $245.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Eight investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $250.25.

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Shares of Vail Resorts, Inc. (NYSE:MTN) opened at $229.73 on Wednesday. The company has a market capitalization of $9,177.56, a P/E ratio of 42.95 and a beta of 0.48. Vail Resorts, Inc. has a 52-week low of $154.11 and a 52-week high of $237.77. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.72 and a quick ratio of 0.58.

Vail Resorts (NYSE:MTN) last issued its earnings results on Thursday, September 28th. The company reported ($1.43) EPS for the quarter, beating the Zacks’ consensus estimate of ($1.81) by $0.38. The firm had revenue of $209.10 million for the quarter, compared to analyst estimates of $210.92 million. Vail Resorts had a return on equity of 13.46% and a net margin of 11.04%. Vail Resorts’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($1.80) earnings per share. equities analysts expect that Vail Resorts, Inc. will post 6.2 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Tuesday, October 10th were given a $1.053 dividend. The ex-dividend date of this dividend was Friday, October 6th. This represents a $4.21 dividend on an annualized basis and a yield of 1.83%. Vail Resorts’s dividend payout ratio is currently 85.92%.

In related news, insider Robert A. Katz sold 115,900 shares of the company’s stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $218.73, for a total value of $25,350,807.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Patricia A. Campbell sold 5,515 shares of the company’s stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $222.41, for a total value of $1,226,591.15. Following the completion of the sale, the insider now owns 28,736 shares in the company, valued at approximately $6,391,173.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 236,742 shares of company stock worth $51,804,735. 3.30% of the stock is owned by insiders.

About Vail Resorts

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.

Institutional Ownership by Quarter for Vail Resorts (NYSE:MTN)

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