Virtu Financial LLC increased its position in Vail Resorts, Inc. (NYSE:MTN) by 94.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,143 shares of the company’s stock after buying an additional 5,409 shares during the quarter. Virtu Financial LLC’s holdings in Vail Resorts were worth $2,368,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. BlackRock Inc. raised its position in shares of Vail Resorts by 1.8% in the 4th quarter. BlackRock Inc. now owns 2,106,641 shares of the company’s stock worth $447,597,000 after buying an additional 36,357 shares during the period. Jennison Associates LLC raised its position in shares of Vail Resorts by 62.6% in the 4th quarter. Jennison Associates LLC now owns 608,496 shares of the company’s stock worth $129,287,000 after buying an additional 234,198 shares during the period. JPMorgan Chase & Co. raised its position in shares of Vail Resorts by 24.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 518,066 shares of the company’s stock worth $114,902,000 after buying an additional 101,554 shares during the period. Victory Capital Management Inc. raised its position in shares of Vail Resorts by 11.0% in the 4th quarter. Victory Capital Management Inc. now owns 456,038 shares of the company’s stock worth $96,894,000 after buying an additional 45,285 shares during the period. Finally, Eagle Asset Management Inc. raised its position in shares of Vail Resorts by 1.1% in the 4th quarter. Eagle Asset Management Inc. now owns 276,837 shares of the company’s stock worth $58,807,000 after buying an additional 3,121 shares during the period. 94.06% of the stock is currently owned by institutional investors and hedge funds.
Vail Resorts, Inc. (NYSE MTN) opened at $216.04 on Monday. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.56 and a quick ratio of 0.41. Vail Resorts, Inc. has a 52-week low of $178.34 and a 52-week high of $237.77. The company has a market capitalization of $8,729.53, a PE ratio of 36.68 and a beta of 0.49.
Vail Resorts (NYSE:MTN) last released its quarterly earnings data on Thursday, December 7th. The company reported ($2.00) EPS for the quarter, missing the consensus estimate of ($1.90) by ($0.10). Vail Resorts had a net margin of 12.55% and a return on equity of 12.28%. The company had revenue of $220.90 million during the quarter, compared to analysts’ expectations of $198.95 million. During the same period last year, the business earned ($1.70) earnings per share. The company’s revenue for the quarter was up 23.9% compared to the same quarter last year. equities research analysts anticipate that Vail Resorts, Inc. will post 6.9 EPS for the current fiscal year.
Several research analysts recently weighed in on MTN shares. Zacks Investment Research lowered Vail Resorts from a “hold” rating to a “sell” rating in a research report on Monday, December 11th. Deutsche Bank started coverage on Vail Resorts in a research report on Wednesday, December 13th. They issued a “buy” rating and a $265.00 target price on the stock. Bank of America increased their target price on Vail Resorts from $245.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. MKM Partners cut their price objective on Vail Resorts to $252.00 and set a “buy” rating on the stock in a research report on Tuesday, January 16th. Finally, Stifel Nicolaus raised their price objective on Vail Resorts from $232.00 to $235.00 and gave the company a “hold” rating in a research report on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $250.67.
In other Vail Resorts news, Director Michele Romanow bought 225 shares of the stock in a transaction dated Tuesday, December 19th. The stock was bought at an average cost of $221.54 per share, for a total transaction of $49,846.50. Following the completion of the purchase, the director now directly owns 1,663 shares of the company’s stock, valued at $368,421.02. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.30% of the stock is owned by company insiders.
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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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