Aigen Investment Management LP Purchases Shares of 3,883 Vail Resorts, Inc. (NYSE:MTN)

Aigen Investment Management LP purchased a new stake in shares of Vail Resorts, Inc. (NYSE:MTN) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,883 shares of the company’s stock, valued at approximately $728,000.

A number of other large investors have also made changes to their positions in the company. Bamco Inc. NY grew its stake in shares of Vail Resorts by 2.7% during the 3rd quarter. Bamco Inc. NY now owns 5,185,136 shares of the company’s stock valued at $903,717,000 after purchasing an additional 136,328 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Vail Resorts by 4.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,202,176 shares of the company’s stock valued at $225,348,000 after purchasing an additional 47,417 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Vail Resorts by 8.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 686,984 shares of the company’s stock valued at $119,734,000 after purchasing an additional 51,438 shares during the period. Geode Capital Management LLC grew its stake in shares of Vail Resorts by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 649,624 shares of the company’s stock valued at $113,252,000 after purchasing an additional 8,422 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of Vail Resorts by 13.2% during the 4th quarter. Bank of New York Mellon Corp now owns 416,586 shares of the company’s stock valued at $78,089,000 after purchasing an additional 48,721 shares during the period. 94.94% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MTN. JPMorgan Chase & Co. lowered their price objective on Vail Resorts from $176.00 to $166.00 and set an “underweight” rating on the stock in a research report on Friday, January 17th. Stifel Nicolaus lifted their price objective on Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. UBS Group began coverage on Vail Resorts in a research report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price objective on the stock. Macquarie lifted their price objective on Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a research report on Wednesday, December 11th. Finally, Mizuho lifted their price objective on Vail Resorts from $222.00 to $227.00 and gave the company an “outperform” rating in a research report on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $204.50.

Vail Resorts Stock Down 0.5 %

NYSE MTN opened at $156.86 on Friday. The stock’s 50 day moving average is $170.96 and its 200 day moving average is $176.47. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 3.64. Vail Resorts, Inc. has a 12 month low of $153.51 and a 12 month high of $233.57. The stock has a market cap of $5.87 billion, a PE ratio of 26.06, a P/E/G ratio of 1.93 and a beta of 1.12.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings results on Monday, December 9th. The company reported ($4.61) EPS for the quarter, topping 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 company had revenue of $260.28 million for the quarter, compared to analysts’ expectations of $251.45 million. During the same period in the previous year, the firm earned ($4.60) EPS. The firm’s revenue was up .7% compared to the same quarter last year. Research analysts predict that Vail Resorts, Inc. will post 7.62 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 26th were issued a $2.22 dividend. The ex-dividend date was Thursday, December 26th. This represents a $8.88 dividend on an annualized basis and a yield of 5.66%. Vail Resorts’s dividend payout ratio is presently 147.51%.

Vail Resorts Company 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.