Rothschild Asset Management Inc. lowered its position in Vail Resorts, Inc. (NYSE:MTN) by 94.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,585 shares of the company’s stock after selling 44,967 shares during the period. Rothschild Asset Management Inc.’s holdings in Vail Resorts were worth $524,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Corundum Group Inc. boosted its stake in Vail Resorts by 1.2% in the first quarter. Corundum Group Inc. now owns 1,588 shares of the company’s stock worth $305,000 after buying an additional 19 shares during the last quarter. Concert Wealth Management Inc. boosted its stake in Vail Resorts by 1.1% in the first quarter. Concert Wealth Management Inc. now owns 1,817 shares of the company’s stock worth $290,000 after buying an additional 20 shares during the last quarter. Paloma Partners Management Co boosted its stake in Vail Resorts by 0.8% in the first quarter. Paloma Partners Management Co now owns 2,821 shares of the company’s stock worth $542,000 after buying an additional 23 shares during the last quarter. FineMark National Bank & Trust boosted its stake in Vail Resorts by 2.1% in the second quarter. FineMark National Bank & Trust now owns 1,225 shares of the company’s stock worth $248,000 after buying an additional 25 shares during the last quarter. Finally, Boston Advisors LLC boosted its stake in Vail Resorts by 2.2% in the second quarter. Boston Advisors LLC now owns 1,410 shares of the company’s stock worth $286,000 after buying an additional 30 shares during the last quarter. Institutional investors own 97.95% of the company’s stock.

Vail Resorts, Inc. (MTN) opened at 213.67 on Friday. The company has a 50 day moving average of $207.63 and a 200-day moving average of $195.89. The stock has a market capitalization of $8.56 billion, a price-to-earnings ratio of 41.59 and a beta of 0.55. Vail Resorts, Inc. has a 12-month low of $151.60 and a 12-month high of $215.94.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Thursday, June 8th. The company reported $4.40 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $4.86 by $0.46. Vail Resorts had a net margin of 10.78% and a return on equity of 14.99%. The firm had revenue of $794.60 million during the quarter, compared to analyst estimates of $802.59 million. During the same period in the prior year, the company posted $4.23 earnings per share. The firm’s revenue for the quarter was up 22.7% compared to the same quarter last year. On average, equities research analysts forecast that Vail Resorts, Inc. will post $4.86 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, July 13th. Shareholders of record on Wednesday, June 28th were issued a $1.053 dividend. This represents a $4.21 annualized dividend and a yield of 1.97%. The ex-dividend date was Monday, June 26th. Vail Resorts’s payout ratio is currently 92.94%.

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A number of research firms have commented on MTN. Bank of America Corporation restated a “buy” rating and set a $228.00 target price (up previously from $205.00) on shares of Vail Resorts in a research note on Friday, June 9th. Wells Fargo & Company reaffirmed an “outperform” rating and set a $233.00 price objective (up from $207.50) on shares of Vail Resorts in a report on Sunday, June 11th. Barclays PLC reaffirmed an “overweight” rating and set a $226.00 price objective on shares of Vail Resorts in a report on Sunday, June 11th. Stifel Nicolaus reaffirmed a “buy” rating and set a $229.00 price objective (up from $205.00) on shares of Vail Resorts in a report on Sunday, June 11th. Finally, Zacks Investment Research lowered shares of Vail Resorts from a “buy” rating to a “hold” rating in a report on Saturday, June 10th. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $211.11.

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.

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

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