Epoch Investment Partners Inc. Sells 290 Shares of Vail Resorts, Inc. (NYSE:MTN)

Epoch Investment Partners Inc. lowered its holdings in shares of Vail Resorts, Inc. (NYSE:MTNFree Report) by 0.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 277,208 shares of the company’s stock after selling 290 shares during the period. Epoch Investment Partners Inc.’s holdings in Vail Resorts were worth $59,176,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of MTN. Norges Bank bought a new stake in Vail Resorts during the fourth quarter worth about $85,704,000. Nordea Investment Management AB boosted its stake in Vail Resorts by 2,451.9% during the fourth quarter. Nordea Investment Management AB now owns 417,293 shares of the company’s stock worth $89,931,000 after acquiring an additional 400,941 shares in the last quarter. APG Asset Management US Inc. bought a new stake in Vail Resorts during the fourth quarter worth about $37,684,000. Ceredex Value Advisors LLC bought a new stake in Vail Resorts during the fourth quarter worth about $35,645,000. Finally, London Co. of Virginia bought a new stake in Vail Resorts during the third quarter worth about $32,280,000. Institutional investors own 94.94% of the company’s stock.

Vail Resorts Stock Performance

MTN stock traded down $20.01 during midday trading on Friday, reaching $173.94. 2,901,965 shares of the company’s stock traded hands, compared to its average volume of 711,956. Vail Resorts, Inc. has a 52-week low of $165.14 and a 52-week high of $258.13. The stock has a market cap of $6.60 billion, a P/E ratio of 23.66, a PEG ratio of 2.13 and a beta of 1.14. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 2.37. The stock’s 50-day moving average is $205.22 and its 200 day moving average is $216.36.

Vail Resorts (NYSE:MTNGet Free Report) last announced its earnings results on Thursday, June 6th. The company reported $9.54 EPS for the quarter, missing analysts’ consensus estimates of $9.94 by ($0.40). Vail Resorts had a net margin of 9.59% and a return on equity of 24.36%. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.31 billion. As a group, analysts anticipate that Vail Resorts, Inc. will post 7.54 EPS for the current year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 10th. Stockholders of record on Tuesday, June 25th will be paid a $2.22 dividend. The ex-dividend date of this dividend is Tuesday, June 25th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.11%. Vail Resorts’s dividend payout ratio (DPR) is presently 120.82%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on MTN shares. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Vail Resorts from $244.00 to $226.00 in a research note on Thursday. Stifel Nicolaus dropped their target price on shares of Vail Resorts from $262.00 to $259.00 and set a “buy” rating on the stock in a research note on Friday. Barclays dropped their target price on shares of Vail Resorts from $201.00 to $161.00 and set an “underweight” rating on the stock in a research note on Friday. JPMorgan Chase & Co. downgraded shares of Vail Resorts from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $217.00 to $176.00 in a research note on Friday. Finally, Morgan Stanley dropped their target price on shares of Vail Resorts from $229.00 to $179.00 and set an “equal weight” rating on the stock in a research note on Friday. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Vail Resorts currently has a consensus rating of “Hold” and an average target price of $232.56.

Read Our Latest Research Report on Vail Resorts

Insider Transactions at Vail Resorts

In other news, Director Peter A. Vaughn sold 1,000 shares of the stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $222.77, for a total value of $222,770.00. Following the completion of the sale, the director now directly owns 7,592 shares of the company’s stock, valued at $1,691,269.84. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.20% of the company’s stock.

Vail Resorts Profile

(Free Report)

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.

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

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