FNY Investment Advisers LLC Grows Holdings in Vail Resorts, Inc. (NYSE:MTN)

FNY Investment Advisers LLC raised its position in Vail Resorts, Inc. (NYSE:MTN) by 166.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 800 shares of the company’s stock after buying an additional 500 shares during the period. FNY Investment Advisers LLC’s holdings in Vail Resorts were worth $149,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of MTN. Miracle Mile Advisors LLC grew its holdings in shares of Vail Resorts by 3.2% in the fourth quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company’s stock valued at $398,000 after acquiring an additional 65 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in Vail Resorts in the fourth quarter worth $40,000. Green Alpha Advisors LLC grew its stake in Vail Resorts by 101.3% in the 4th quarter. Green Alpha Advisors LLC now owns 6,112 shares of the company’s stock valued at $1,146,000 after purchasing an additional 3,075 shares during the period. Everence Capital Management Inc. purchased a new stake in shares of Vail Resorts during the 4th quarter valued at $347,000. Finally, Inspire Trust Co. N.A. raised its stake in shares of Vail Resorts by 33.8% during the 3rd quarter. Inspire Trust Co. N.A. now owns 7,800 shares of the company’s stock worth $1,359,000 after purchasing an additional 1,970 shares during the period. Institutional investors own 94.94% of the company’s stock.

Vail Resorts Price Performance

Shares of NYSE MTN opened at $183.89 on Wednesday. The stock has a fifty day moving average of $183.56 and a 200-day moving average of $179.06. The stock has a market cap of $6.88 billion, a PE ratio of 30.55, a price-to-earnings-growth ratio of 2.22 and a beta of 1.12. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.71 and a current ratio of 0.63. Vail Resorts, Inc. has a fifty-two week low of $165.00 and a fifty-two week high of $236.92.

Vail Resorts (NYSE:MTN) last posted its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, beating analysts’ consensus estimates of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business had revenue of $260.28 million during the quarter, compared to analyst estimates of $251.45 million. During the same quarter in the previous year, the firm earned ($4.60) EPS. The company’s quarterly revenue was up .7% compared to the same quarter last year. Equities research analysts anticipate that Vail Resorts, Inc. will post 7.49 earnings per share for the current year.

Vail Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were paid a $2.22 dividend. This represents a $8.88 annualized dividend and a yield of 4.83%. The ex-dividend date of this dividend was Thursday, December 26th. Vail Resorts’s dividend payout ratio is presently 147.51%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Barclays increased their price target on shares of Vail Resorts from $155.00 to $165.00 and gave the company an “underweight” rating in a research report on Tuesday, December 10th. Macquarie raised their price target on shares of Vail Resorts from $180.00 to $195.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the stock a “hold” rating in a report on Monday, December 9th. Stifel Nicolaus increased their price objective on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Finally, Mizuho boosted their target price on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a research note on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $205.50.

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.