Nisa Investment Advisors LLC Sells 2,755 Shares of Vail Resorts, Inc. (NYSE:MTN)

Nisa Investment Advisors LLC trimmed its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 75.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 890 shares of the company’s stock after selling 2,755 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Vail Resorts were worth $155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MTN. State of Alaska Department of Revenue boosted its holdings in Vail Resorts by 7.2% during the third quarter. State of Alaska Department of Revenue now owns 4,410 shares of the company’s stock worth $768,000 after purchasing an additional 295 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Vail Resorts by 656.5% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 6,415 shares of the company’s stock worth $1,145,000 after buying an additional 5,567 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Vail Resorts by 29.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,850 shares of the company’s stock worth $322,000 after buying an additional 425 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of Vail Resorts by 25.9% in the third quarter. Arkadios Wealth Advisors now owns 2,322 shares of the company’s stock valued at $405,000 after acquiring an additional 477 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Vail Resorts by 12.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 23,152 shares of the company’s stock valued at $4,181,000 after acquiring an additional 2,485 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on MTN shares. StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a research report on Monday. Morgan Stanley boosted their price target on shares of Vail Resorts from $179.00 to $182.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 25th. Barclays reduced their price target on shares of Vail Resorts from $161.00 to $155.00 and set an “underweight” rating for the company in a research report on Friday, September 27th. Stifel Nicolaus dropped their target price on shares of Vail Resorts from $223.00 to $216.00 and set a “buy” rating on the stock in a research note on Friday, September 27th. Finally, Macquarie reissued a “neutral” rating and set a $180.00 target price on shares of Vail Resorts in a research report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Vail Resorts presently has a consensus rating of “Hold” and a consensus price target of $208.22.

Insider Buying and Selling

In related news, CFO Angela A. Korch bought 165 shares of Vail Resorts stock in a transaction on Thursday, October 3rd. The stock was acquired at an average price of $173.09 per share, with a total value of $28,559.85. Following the acquisition, the chief financial officer now directly owns 2,187 shares of the company’s stock, valued at $378,547.83. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Angela A. Korch acquired 165 shares of the business’s stock in a transaction dated Thursday, October 3rd. The stock was bought at an average cost of $173.09 per share, for a total transaction of $28,559.85. Following the completion of the transaction, the chief financial officer now owns 2,187 shares of the company’s stock, valued at $378,547.83. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert A. Katz sold 9,296 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $175.98, for a total transaction of $1,635,910.08. Following the sale, the insider now directly owns 245,961 shares in the company, valued at $43,284,216.78. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by insiders.

Vail Resorts Price Performance

MTN opened at $179.98 on Thursday. The firm has a 50-day moving average price of $176.20 and a 200-day moving average price of $181.49. Vail Resorts, Inc. has a twelve month low of $165.00 and a twelve month high of $236.92. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 2.62. The company has a market capitalization of $6.75 billion, a price-to-earnings ratio of 29.85, a PEG ratio of 1.59 and a beta of 1.13.

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

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were paid a dividend of $2.22 per share. The ex-dividend date was Tuesday, October 8th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 4.93%. Vail Resorts’s payout ratio is 147.26%.

About Vail Resorts

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.