Janus Henderson Group PLC Has $23.96 Million Stake in Vail Resorts, Inc. (MTN)

Janus Henderson Group PLC increased its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 403.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 118,146 shares of the company’s stock after acquiring an additional 94,680 shares during the period. Janus Henderson Group PLC owned 0.30% of Vail Resorts worth $23,963,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of MTN. Stifel Financial Corp increased its holdings in shares of Vail Resorts by 7.4% during the 1st quarter. Stifel Financial Corp now owns 4,352 shares of the company’s stock valued at $828,000 after acquiring an additional 301 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in shares of Vail Resorts by 629.0% during the 1st quarter. Asset Management One Co. Ltd. now owns 2,916 shares of the company’s stock valued at $556,000 after acquiring an additional 2,516 shares during the last quarter. United Services Automobile Association increased its holdings in shares of Vail Resorts by 2.2% during the 1st quarter. United Services Automobile Association now owns 14,000 shares of the company’s stock valued at $2,687,000 after acquiring an additional 300 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Vail Resorts by 177.7% during the 1st quarter. Legal & General Group Plc now owns 13,717 shares of the company’s stock valued at $2,632,000 after acquiring an additional 8,778 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Vail Resorts by 12.4% during the 1st quarter. Vanguard Group Inc. now owns 3,049,283 shares of the company’s stock valued at $585,157,000 after acquiring an additional 337,282 shares during the last quarter. 96.40% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: “Janus Henderson Group PLC Has $23.96 Million Stake in Vail Resorts, Inc. (MTN)” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/18/janus-henderson-group-plc-has-23-96-million-stake-in-vail-resorts-inc-mtn.html.

A number of research analysts have recently commented on the company. KeyCorp reissued an “overweight” rating and set a $250.00 price objective on shares of Vail Resorts in a report on Wednesday, August 30th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $232.00 target price (up previously from $229.00) on shares of Vail Resorts in a report on Monday, October 2nd. MKM Partners reaffirmed a “buy” rating and issued a $266.00 target price (up previously from $264.00) on shares of Vail Resorts in a report on Monday, October 2nd. Zacks Investment Research raised Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, September 29th. Finally, Janney Montgomery Scott reaffirmed a “buy” rating and issued a $260.00 target price (up previously from $245.00) on shares of Vail Resorts in a report on Friday, September 29th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $245.14.

In related news, Director John F. Sorte sold 6,597 shares of the stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $216.74, for a total transaction of $1,429,833.78. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Michael Z. Barkin sold 7,953 shares of the stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $216.55, for a total value of $1,722,222.15. The disclosure for this sale can be found here. Insiders have sold 231,227 shares of company stock worth $50,578,144 in the last three months. 4.60% of the stock is currently owned by company insiders.

Vail Resorts, Inc. (NYSE MTN) opened at 218.99 on Wednesday. The company’s 50 day moving average price is $224.51 and its 200 day moving average price is $209.77. The company has a market cap of $8.78 billion, a P/E ratio of 41.95 and a beta of 0.50. Vail Resorts, Inc. has a 52-week low of $152.99 and a 52-week high of $232.71.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Thursday, September 28th. The company reported ($1.43) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($1.81) by $0.38. The business had revenue of $209.10 million for the quarter, compared to the consensus estimate of $210.92 million. Vail Resorts had a return on equity of 13.46% and a net margin of 11.04%. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($1.80) earnings per share. Equities research analysts anticipate that Vail Resorts, Inc.

Several other hedge funds and other institutional investors also recently modified their holdings of MTN. Stifel Financial Corp increased its holdings in shares of Vail Resorts by 7.4% during the 1st quarter. Stifel Financial Corp now owns 4,352 shares of the company’s stock valued at $828,000 after acquiring an additional 301 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in shares of Vail Resorts by 629.0% during the 1st quarter. Asset Management One Co. Ltd. now owns 2,916 shares of the company’s stock valued at $556,000 after acquiring an additional 2,516 shares during the last quarter. United Services Automobile Association increased its holdings in shares of Vail Resorts by 2.2% during the 1st quarter. United Services Automobile Association now owns 14,000 shares of the company’s stock valued at $2,687,000 after acquiring an additional 300 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Vail Resorts by 177.7% during the 1st quarter. Legal & General Group Plc now owns 13,717 shares of the company’s stock valued at $2,632,000 after acquiring an additional 8,778 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Vail Resorts by 12.4% during the 1st quarter. Vanguard Group Inc. now owns 3,049,283 shares of the company’s stock valued at $585,157,000 after acquiring an additional 337,282 shares during the last quarter. 96.40% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: “Janus Henderson Group PLC Has $23.96 Million Stake in Vail Resorts, Inc. (MTN)” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/18/janus-henderson-group-plc-has-23-96-million-stake-in-vail-resorts-inc-mtn.html.

A number of research analysts have recently commented on the company. KeyCorp reissued an “overweight” rating and set a $250.00 price objective on shares of Vail Resorts in a report on Wednesday, August 30th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $232.00 target price (up previously from $229.00) on shares of Vail Resorts in a report on Monday, October 2nd. MKM Partners reaffirmed a “buy” rating and issued a $266.00 target price (up previously from $264.00) on shares of Vail Resorts in a report on Monday, October 2nd. Zacks Investment Research raised Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, September 29th. Finally, Janney Montgomery Scott reaffirmed a “buy” rating and issued a $260.00 target price (up previously from $245.00) on shares of Vail Resorts in a report on Friday, September 29th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $245.14.

In related news, Director John F. Sorte sold 6,597 shares of the stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $216.74, for a total transaction of $1,429,833.78. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Michael Z. Barkin sold 7,953 shares of the stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $216.55, for a total value of $1,722,222.15. The disclosure for this sale can be found here. Insiders have sold 231,227 shares of company stock worth $50,578,144 in the last three months. 4.60% of the stock is currently owned by company insiders.

Vail Resorts, Inc. (NYSE MTN) opened at 218.99 on Wednesday. The company’s 50 day moving average price is $224.51 and its 200 day moving average price is $209.77. The company has a market cap of $8.78 billion, a P/E ratio of 41.95 and a beta of 0.50. Vail Resorts, Inc. has a 52-week low of $152.99 and a 52-week high of $232.71.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Thursday, September 28th. The company reported ($1.43) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($1.81) by $0.38. The business had revenue of $209.10 million for the quarter, compared to the consensus estimate of $210.92 million. Vail Resorts had a return on equity of 13.46% and a net margin of 11.04%. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($1.80) earnings per share. Equities research analysts anticipate that Vail Resorts, Inc. will post $6.25 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Tuesday, October 10th will be given a dividend of $1.053 per share. This represents a $4.21 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Friday, October 6th. Vail Resorts’s dividend payout ratio is currently 85.92%.

About Vail Resorts

Vail Resorts, Inc is a holding company. The Company operates through three segments: Mountain, Lodging and Real Estate. Its Mountain segment operates over 10 mountain resort properties and approximately three urban ski areas, as well as ancillary services, primarily including, ski school, dining, and retail/rental operations.

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

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