OneDigital Investment Advisors LLC Decreases Stock Position in Vail Resorts, Inc. (NYSE:MTN)

OneDigital Investment Advisors LLC decreased its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 2.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,114 shares of the company’s stock after selling 428 shares during the period. OneDigital Investment Advisors LLC’s holdings in Vail Resorts were worth $2,809,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Huntington National Bank boosted its stake in shares of Vail Resorts by 71.0% during the 3rd quarter. Huntington National Bank now owns 419 shares of the company’s stock valued at $73,000 after buying an additional 174 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in Vail Resorts by 13.3% in the third quarter. Oppenheimer & Co. Inc. now owns 20,343 shares of the company’s stock valued at $3,546,000 after acquiring an additional 2,382 shares in the last quarter. MQS Management LLC bought a new position in Vail Resorts during the 3rd quarter valued at $433,000. GSA Capital Partners LLP grew its holdings in Vail Resorts by 555.5% during the 3rd quarter. GSA Capital Partners LLP now owns 7,610 shares of the company’s stock worth $1,326,000 after acquiring an additional 6,449 shares in the last quarter. Finally, Entropy Technologies LP bought a new stake in shares of Vail Resorts in the 3rd quarter worth about $537,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on MTN. StockNews.com lowered Vail Resorts from a “hold” rating to a “sell” rating in a report on Tuesday, November 12th. Morgan Stanley boosted their price target on Vail Resorts from $179.00 to $182.00 and gave the company an “equal weight” rating in a report on Wednesday, September 25th. Barclays reduced their price objective on Vail Resorts from $161.00 to $155.00 and set an “underweight” rating on the stock in a research note on Friday, September 27th. Stifel Nicolaus decreased their price objective on shares of Vail Resorts from $223.00 to $216.00 and set a “buy” rating for the company in a report on Friday, September 27th. Finally, UBS Group began coverage on shares of Vail Resorts in a research report on Thursday. They issued a “neutral” rating and a $185.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $205.90.

Insider Buying and Selling

In other Vail Resorts news, insider Robert A. Katz sold 9,296 shares of the stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $175.98, for a total transaction of $1,635,910.08. Following the completion of the transaction, the insider now directly owns 245,961 shares of the company’s stock, valued at approximately $43,284,216.78. This trade represents a 3.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Angela A. Korch bought 165 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were purchased at an average cost of $173.09 per share, for a total transaction of $28,559.85. Following the completion of the acquisition, the chief financial officer now owns 2,187 shares of the company’s stock, valued at $378,547.83. This trade represents a 8.16 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.20% of the company’s stock.

Vail Resorts Price Performance

NYSE MTN opened at $176.28 on Friday. The company has a 50-day moving average price of $175.51 and a two-hundred day moving average price of $180.50. The stock has a market cap of $6.61 billion, a price-to-earnings ratio of 29.23, a price-to-earnings-growth ratio of 1.69 and a beta of 1.13. The company has a current ratio of 0.82, a quick ratio of 0.71 and a debt-to-equity ratio of 2.62. Vail Resorts, Inc. has a 52 week low of $165.00 and a 52 week high of $236.92.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Thursday, September 26th. The company reported ($4.67) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($4.28) by ($0.39). The business had revenue of $265.39 million during the quarter, compared to the consensus estimate of $264.84 million. Vail Resorts had a return on equity of 20.76% and a net margin of 7.99%. The business’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period last year, the company earned ($3.35) earnings per share. Analysts forecast that Vail Resorts, Inc. will post 7.27 EPS for the current year.

Vail Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Tuesday, October 8th were paid a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date was Tuesday, October 8th. Vail Resorts’s dividend payout ratio is currently 147.26%.

About Vail Resorts

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.