PFG Investments LLC Acquires Shares of 1,220 Vail Resorts, Inc. (NYSE:MTN)

PFG Investments LLC bought a new position in Vail Resorts, Inc. (NYSE:MTN) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,220 shares of the company’s stock, valued at approximately $229,000.

Several other large investors have also added to or reduced their stakes in MTN. Marshall Wace LLP bought a new position in shares of Vail Resorts in the second quarter valued at approximately $2,326,000. Algert Global LLC purchased a new position in Vail Resorts during the 2nd quarter worth $689,000. Sanctuary Advisors LLC bought a new stake in shares of Vail Resorts in the 2nd quarter worth $4,010,000. Handelsbanken Fonder AB raised its holdings in shares of Vail Resorts by 24.7% in the third quarter. Handelsbanken Fonder AB now owns 9,100 shares of the company’s stock valued at $1,586,000 after purchasing an additional 1,800 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV lifted its position in shares of Vail Resorts by 3.0% during the third quarter. Azzad Asset Management Inc. ADV now owns 10,272 shares of the company’s stock valued at $1,790,000 after purchasing an additional 297 shares in the last quarter. Institutional investors own 94.94% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on MTN shares. Stifel Nicolaus upped their price objective on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Macquarie boosted their target price on shares of Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research note on Wednesday, December 11th. UBS Group assumed coverage on shares of Vail Resorts in a report on Thursday, November 14th. They issued a “neutral” rating and a $185.00 price target on the stock. Barclays increased their price objective on Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a report on Tuesday, December 10th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $197.00 price target on shares of Vail Resorts in a research note on Monday, December 23rd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $204.50.

Vail Resorts Price Performance

NYSE:MTN opened at $170.19 on Friday. Vail Resorts, Inc. has a 52-week low of $165.00 and a 52-week high of $236.92. The stock has a fifty day moving average of $182.57 and a 200 day moving average of $178.90. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63. The firm has a market capitalization of $6.37 billion, a price-to-earnings ratio of 28.27, a P/E/G ratio of 2.04 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping the consensus estimate of ($4.99) by $0.38. The company had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. Vail Resorts’s revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($4.60) earnings per share. On average, research analysts expect that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 5.22%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s dividend payout ratio (DPR) is currently 147.51%.

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.