Vail Resorts, Inc. (NYSE:MTN) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 36.3% during the second quarter, HoldingsChannel reports. The firm owned 356,386 shares of the company’s stock after purchasing an additional 94,923 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Vail Resorts were worth $64,195,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Signaturefd LLC raised its stake in shares of Vail Resorts by 150.9% during the 2nd quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after buying an additional 83 shares during the last quarter. Quarry LP acquired a new position in Vail Resorts in the 4th quarter valued at $35,000. Brown Brothers Harriman & Co. lifted its stake in Vail Resorts by 318.8% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock worth $36,000 after purchasing an additional 153 shares in the last quarter. Canton Hathaway LLC boosted its position in shares of Vail Resorts by 66.7% during the 2nd quarter. Canton Hathaway LLC now owns 250 shares of the company’s stock valued at $45,000 after acquiring an additional 100 shares during the last quarter. Finally, Triad Wealth Partners LLC purchased a new position in Vail Resorts in the second quarter worth approximately $51,000. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on MTN shares. StockNews.com cut Vail Resorts from a “hold” rating to a “sell” rating in a report on Friday. Morgan Stanley boosted their price objective on Vail Resorts from $179.00 to $182.00 and gave the company an “equal weight” rating in a research note on Wednesday. Barclays lowered their target price on Vail Resorts from $161.00 to $155.00 and set an “underweight” rating on the stock in a research note on Friday. Mizuho reduced their price target on Vail Resorts from $256.00 to $231.00 and set a “buy” rating for the company in a report on Friday, June 7th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Vail Resorts from $218.00 to $194.00 and set a “hold” rating on the stock in a research report on Monday, September 16th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $211.75.

Vail Resorts Price Performance

Shares of NYSE:MTN opened at $180.65 on Friday. The business has a fifty day simple moving average of $179.54 and a 200-day simple moving average of $191.96. The company has a quick ratio of 1.08, a current ratio of 1.18 and a debt-to-equity ratio of 2.04. Vail Resorts, Inc. has a 52 week low of $165.14 and a 52 week high of $242.47. The company has a market cap of $6.80 billion, a P/E ratio of 24.58, a P/E/G ratio of 2.56 and a beta of 1.14.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Thursday, September 26th. The company reported ($4.67) EPS for the quarter, missing the consensus estimate of ($4.28) by ($0.39). Vail Resorts had a net margin of 9.59% and a return on equity of 23.41%. The business had revenue of $265.39 million during the quarter, compared to analysts’ expectations of $264.84 million. During the same quarter in the previous year, the business posted ($3.35) EPS. The company’s quarterly revenue was down 1.6% on a year-over-year basis. Equities research analysts forecast that Vail Resorts, Inc. will post 6.44 EPS for the current year.

Vail Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th will be issued a $2.22 dividend. The ex-dividend date of this dividend is Tuesday, October 8th. This represents a $8.88 dividend on an annualized basis and a yield of 4.92%. Vail Resorts’s dividend payout ratio is currently 120.82%.

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.