Caprock Group LLC Purchases New Holdings in Vail Resorts, Inc. $MTN

Caprock Group LLC purchased a new stake in Vail Resorts, Inc. (NYSE:MTN) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,785 shares of the company’s stock, valued at approximately $948,000.

Several other institutional investors also recently modified their holdings of the company. Bamco Inc. NY raised its stake in shares of Vail Resorts by 3.6% in the second quarter. Bamco Inc. NY now owns 5,475,549 shares of the company’s stock valued at $860,373,000 after purchasing an additional 191,327 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Vail Resorts by 2.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,320,763 shares of the company’s stock valued at $207,531,000 after buying an additional 31,852 shares during the period. First Pacific Advisors LP raised its stake in shares of Vail Resorts by 23.4% in the 2nd quarter. First Pacific Advisors LP now owns 993,735 shares of the company’s stock valued at $156,146,000 after buying an additional 188,151 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Vail Resorts by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 691,467 shares of the company’s stock valued at $108,668,000 after buying an additional 2,274 shares in the last quarter. Finally, GRS Advisors LLC bought a new position in shares of Vail Resorts during the 2nd quarter worth about $71,753,000. Institutional investors and hedge funds own 94.90% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on MTN. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $156.00 price target on shares of Vail Resorts in a research report on Wednesday, January 14th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Vail Resorts in a research note on Monday, December 29th. JPMorgan Chase & Co. raised their target price on Vail Resorts from $168.00 to $172.00 and gave the stock a “neutral” rating in a research report on Thursday, December 11th. Jefferies Financial Group raised Vail Resorts from a “hold” rating to a “buy” rating and boosted their price target for the company from $159.00 to $165.00 in a research note on Tuesday, January 13th. Finally, Zacks Research upgraded Vail Resorts from a “strong sell” rating to a “hold” rating in a research report on Thursday, December 11th. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $173.27.

Vail Resorts Stock Performance

Shares of NYSE:MTN opened at $134.49 on Monday. The business has a fifty day moving average of $140.64 and a 200-day moving average of $146.48. The company has a debt-to-equity ratio of 5.52, a quick ratio of 0.46 and a current ratio of 0.54. Vail Resorts, Inc. has a twelve month low of $126.15 and a twelve month high of $175.51. The firm has a market cap of $4.81 billion, a PE ratio of 19.72, a price-to-earnings-growth ratio of 8.15 and a beta of 0.81.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Wednesday, December 10th. The company reported ($5.20) EPS for the quarter, topping analysts’ consensus estimates of ($5.23) by $0.03. Vail Resorts had a net margin of 8.94% and a return on equity of 32.51%. The firm had revenue of $271.03 million for the quarter, compared to analyst estimates of $273.35 million. During the same quarter in the prior year, the firm earned ($4.61) EPS. The company’s revenue was up 4.1% on a year-over-year basis. On average, equities research analysts predict that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Tuesday, December 30th were issued a dividend of $2.22 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $8.88 annualized dividend and a yield of 6.6%. Vail Resorts’s dividend payout ratio is currently 130.21%.

Vail Resorts Profile

Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company’s signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.

Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.