Natixis Advisors LLC Has $3.24 Million Position in Vail Resorts, Inc. (NYSE:MTN)

Natixis Advisors LLC boosted its stake in Vail Resorts, Inc. (NYSE:MTN) by 6.6% in the third quarter, HoldingsChannel reports. The firm owned 18,571 shares of the company’s stock after buying an additional 1,152 shares during the period. Natixis Advisors LLC’s holdings in Vail Resorts were worth $3,237,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTN. Signaturefd LLC boosted its position in shares of Vail Resorts by 150.9% during the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock worth $25,000 after purchasing an additional 83 shares in the last quarter. V Square Quantitative Management LLC bought a new position in Vail Resorts in the third quarter worth approximately $25,000. Capital Performance Advisors LLP acquired a new stake in Vail Resorts in the third quarter valued at approximately $25,000. Brown Brothers Harriman & Co. increased its holdings in shares of Vail Resorts by 318.8% during the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock valued at $36,000 after acquiring an additional 153 shares in the last quarter. Finally, UMB Bank n.a. raised its position in shares of Vail Resorts by 123.5% during the third quarter. UMB Bank n.a. now owns 219 shares of the company’s stock worth $38,000 after purchasing an additional 121 shares during the period. 94.94% of the stock is owned by institutional investors.

Vail Resorts Stock Performance

Shares of MTN stock opened at $184.24 on Friday. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.71 and a current ratio of 0.82. The firm has a market cap of $6.91 billion, a price-to-earnings ratio of 30.55, a P/E/G ratio of 1.73 and a beta of 1.13. Vail Resorts, Inc. has a 52 week low of $165.00 and a 52 week high of $236.92. The firm’s 50-day simple moving average is $175.50 and its two-hundred day simple moving average is $179.93.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Thursday, September 26th. The company reported ($4.67) EPS for the quarter, missing analysts’ consensus estimates of ($4.28) by ($0.39). Vail Resorts had a return on equity of 20.76% and a net margin of 7.99%. The company had revenue of $265.39 million during the quarter, compared to the consensus estimate of $264.84 million. During the same period last year, the firm posted ($3.35) EPS. The company’s revenue for the quarter was down 1.6% compared to the same quarter last year. As a group, equities analysts forecast that Vail Resorts, Inc. will post 7.27 earnings per share for the current year.

Vail Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were given a dividend of $2.22 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 4.82%. Vail Resorts’s dividend payout ratio is presently 147.26%.

Insider Transactions at Vail Resorts

In related news, Director John F. Sorte sold 1,670 shares of Vail Resorts stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $173.07, for a total value of $289,026.90. Following the completion of the transaction, the director now directly owns 45,111 shares in the company, valued at approximately $7,807,360.77. The trade was a 3.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Angela A. Korch bought 165 shares of the company’s stock in a transaction on Thursday, October 3rd. The shares were bought at an average price of $173.09 per share, for a total transaction of $28,559.85. Following the transaction, the chief financial officer now owns 2,187 shares of the company’s stock, valued at approximately $378,547.83. This represents a 8.16 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on MTN. Macquarie reissued a “neutral” rating and issued a $180.00 price target on shares of Vail Resorts in a research report on Wednesday, October 2nd. Stifel Nicolaus decreased their target price on shares of Vail Resorts from $223.00 to $216.00 and set a “buy” rating for the company in a research report on Friday, September 27th. UBS Group began coverage on shares of Vail Resorts in a research report on Thursday, November 14th. They issued a “neutral” rating and a $185.00 price target on the stock. Barclays lowered their price objective on Vail Resorts from $161.00 to $155.00 and set an “underweight” rating for the company in a research note on Friday, September 27th. Finally, Morgan Stanley lifted their target price on Vail Resorts from $179.00 to $182.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 25th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $205.90.

Vail Resorts 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.