3,079 Shares in Vail Resorts, Inc. (NYSE:MTN) Purchased by Entropy Technologies LP

Entropy Technologies LP purchased a new stake in Vail Resorts, Inc. (NYSE:MTN) in the third quarter, Holdings Channel.com reports. The firm purchased 3,079 shares of the company’s stock, valued at approximately $537,000.

Other hedge funds have also recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co grew its position in shares of Vail Resorts by 66.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 45,233 shares of the company’s stock worth $10,082,000 after buying an additional 17,976 shares in the last quarter. Edgestream Partners L.P. grew its holdings in Vail Resorts by 146.3% during the 1st quarter. Edgestream Partners L.P. now owns 12,147 shares of the company’s stock worth $2,707,000 after acquiring an additional 7,216 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Vail Resorts by 507.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 11,380 shares of the company’s stock worth $2,050,000 after purchasing an additional 9,506 shares during the last quarter. OFI Invest Asset Management bought a new stake in shares of Vail Resorts in the 2nd quarter worth about $1,486,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Vail Resorts by 32.9% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 21,562 shares of the company’s stock valued at $4,805,000 after purchasing an additional 5,338 shares in the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on MTN shares. Morgan Stanley boosted their price target on Vail Resorts from $179.00 to $182.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Vail Resorts from $218.00 to $194.00 and set a “hold” rating for the company in a research report on Monday, September 16th. StockNews.com cut Vail Resorts from a “hold” rating to a “sell” rating in a report on Tuesday. Barclays reduced their price objective on Vail Resorts from $161.00 to $155.00 and set an “underweight” rating for the company in a research report on Friday, September 27th. Finally, UBS Group assumed coverage on Vail Resorts in a research report on Thursday. They issued a “neutral” rating and a $185.00 target price on the stock. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $205.90.

Vail Resorts Stock Down 1.1 %

MTN opened at $176.41 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 company has a market capitalization of $6.61 billion, a PE ratio of 29.26, a P/E/G ratio of 1.72 and a beta of 1.13. The stock’s fifty day moving average is $175.51 and its 200-day moving average is $180.56. Vail Resorts, Inc. has a one year low of $165.00 and a one year high of $236.92.

Vail Resorts (NYSE:MTN) last issued 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). The business had revenue of $265.39 million during the quarter, compared to the consensus estimate of $264.84 million. Vail Resorts had a return on equity of 20.76% and a net margin of 7.99%. Vail Resorts’s revenue was down 1.6% compared to the same quarter last year. During the same quarter last year, the firm posted ($3.35) earnings per share. On average, equities analysts predict that Vail Resorts, Inc. will post 7.27 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were given a $2.22 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $8.88 annualized dividend and a yield of 5.03%. Vail Resorts’s dividend payout ratio (DPR) is 147.26%.

Insider Buying and Selling at Vail Resorts

In related news, CFO Angela A. Korch bought 165 shares of the firm’s stock in a transaction that occurred on Thursday, October 3rd. The shares were acquired at an average cost of $173.09 per share, for a total transaction 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. The trade was a 8.16 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director John F. Sorte sold 1,670 shares of the company’s stock in a transaction 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 sale, the director now directly owns 45,111 shares of the company’s stock, valued at approximately $7,807,360.77. This represents a 3.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.20% of the stock is owned by corporate insiders.

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.