Quattro Financial Advisors LLC Buys Shares of 500 Vail Resorts, Inc. (NYSE:MTN)

Quattro Financial Advisors LLC bought a new stake in shares of Vail Resorts, Inc. (NYSE:MTN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 500 shares of the company’s stock, valued at approximately $115,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its position in shares of Vail Resorts by 4.8% in the first quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,192 shares of the company’s stock valued at $259,000 after purchasing an additional 55 shares during the last quarter. NEXT Financial Group Inc grew its position in shares of Vail Resorts by 24.7% in the second quarter. NEXT Financial Group Inc now owns 384 shares of the company’s stock valued at $87,000 after purchasing an additional 76 shares during the last quarter. Private Capital Group LLC grew its position in shares of Vail Resorts by 45.4% in the first quarter. Private Capital Group LLC now owns 301 shares of the company’s stock valued at $66,000 after purchasing an additional 94 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of Vail Resorts by 6.1% in the second quarter. Commonwealth Equity Services LLC now owns 1,786 shares of the company’s stock valued at $398,000 after purchasing an additional 102 shares during the last quarter. Finally, Cornell Pochily Investment Advisors Inc. grew its position in shares of Vail Resorts by 7.9% in the first quarter. Cornell Pochily Investment Advisors Inc. now owns 1,562 shares of the company’s stock valued at $339,000 after purchasing an additional 115 shares during the last quarter. Institutional investors own 97.48% of the company’s stock.

Several equities research analysts have recently issued reports on the company. Stifel Nicolaus raised their price target on Vail Resorts from $219.00 to $230.00 and gave the company a “hold” rating in a research report on Friday, June 7th. Zacks Investment Research downgraded Vail Resorts from a “hold” rating to a “sell” rating and set a $182.00 price target on the stock. in a research report on Monday, May 27th. SunTrust Banks raised their price target on Vail Resorts to $247.00 and gave the company a “buy” rating in a research report on Friday, June 7th. William Blair reaffirmed an “outperform” rating on shares of Vail Resorts in a research report on Friday, June 7th. Finally, Wells Fargo & Co assumed coverage on Vail Resorts in a research report on Monday, July 15th. They issued a “market perform” rating and a $230.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $237.18.

MTN stock traded down $0.73 during trading on Wednesday, reaching $238.00. 2,490 shares of the stock were exchanged, compared to its average volume of 304,036. Vail Resorts, Inc. has a twelve month low of $179.60 and a twelve month high of $302.76. The firm has a market capitalization of $9.60 billion, a P/E ratio of 37.85, a P/E/G ratio of 2.03 and a beta of 0.67. The business’s 50 day simple moving average is $232.22. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.76 and a quick ratio of 0.62.

Vail Resorts (NYSE:MTN) last released its earnings results on Thursday, June 6th. The company reported $7.12 earnings per share for the quarter, topping analysts’ consensus estimates of $7.03 by $0.09. Vail Resorts had a return on equity of 18.25% and a net margin of 13.71%. The business had revenue of $958.00 million for the quarter, compared to the consensus estimate of $958.39 million. During the same period last year, the business earned $6.17 earnings per share. The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. Equities research analysts expect that Vail Resorts, Inc. will post 6.99 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, July 11th. Investors of record on Wednesday, June 26th were given a dividend of $1.76 per share. This represents a $7.04 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date of this dividend was Tuesday, June 25th. Vail Resorts’s dividend payout ratio (DPR) is presently 111.92%.

In related news, insider Patricia A. Campbell sold 6,431 shares of Vail Resorts stock in a transaction dated Monday, June 10th. The stock was sold at an average price of $235.53, for a total transaction of $1,514,693.43. Following the sale, the insider now directly owns 33,729 shares of the company’s stock, valued at $7,944,191.37. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman Robert A. Katz sold 64,913 shares of Vail Resorts stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $231.95, for a total value of $15,056,570.35. Following the sale, the chairman now directly owns 425,729 shares in the company, valued at $98,747,841.55. The disclosure for this sale can be found here. 2.90% of the stock is owned by company insiders.

About Vail Resorts

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 11 mountain resorts, including Vail Mountain, Breckenridge Ski, Keystone, and Beaver Creek resorts in Colorado; Park City resort in Utah; Heavenly Mountain, Northstar, and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Vermont; and Perisher in Australia, as well as 3 urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

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Institutional Ownership by Quarter for Vail Resorts (NYSE:MTN)

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