OFI Invest Asset Management Purchases Shares of 8,839 Vail Resorts, Inc. (NYSE:MTN)

OFI Invest Asset Management purchased a new stake in Vail Resorts, Inc. (NYSE:MTN) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 8,839 shares of the company’s stock, valued at approximately $1,600,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Miracle Mile Advisors LLC increased its holdings in Vail Resorts by 3.2% in the 4th quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company’s stock valued at $398,000 after buying an additional 65 shares during the period. Raleigh Capital Management Inc. increased its holdings in Vail Resorts by 20.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock valued at $74,000 after buying an additional 67 shares during the period. Accretive Wealth Partners LLC increased its holdings in Vail Resorts by 1.5% in the 4th quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company’s stock valued at $992,000 after buying an additional 80 shares during the period. UMB Bank n.a. increased its holdings in Vail Resorts by 37.9% in the 4th quarter. UMB Bank n.a. now owns 302 shares of the company’s stock valued at $57,000 after buying an additional 83 shares during the period. Finally, Argonautica Private Wealth Management Inc. increased its holdings in Vail Resorts by 6.9% in the 4th quarter. Argonautica Private Wealth Management Inc. now owns 1,478 shares of the company’s stock valued at $277,000 after buying an additional 96 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Barclays reissued an “underweight” rating on shares of Vail Resorts in a report on Monday. StockNews.com raised shares of Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. Mizuho lifted their price target on shares of Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a report on Tuesday, December 10th. Finally, UBS Group initiated coverage on shares of Vail Resorts in a report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $199.44.

Vail Resorts Stock Up 0.1 %

NYSE:MTN opened at $157.35 on Monday. The firm’s 50 day simple moving average is $169.61 and its 200 day simple moving average is $176.19. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. Vail Resorts, Inc. has a one year low of $153.51 and a one year high of $233.57. The company has a market cap of $5.89 billion, a PE ratio of 26.14, a P/E/G ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last posted its earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping the consensus estimate of ($4.99) by $0.38. Vail Resorts had a net margin of 8.07% and a return on equity of 21.90%. The business had revenue of $260.28 million for the quarter, compared to the consensus estimate of $251.45 million. During the same period last year, the company earned ($4.60) EPS. The firm’s revenue was up .7% compared to the same quarter last year. On average, research analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

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.