17,739 Shares in Vail Resorts, Inc. $MTN Bought by PEAK6 LLC

PEAK6 LLC acquired a new position in shares of Vail Resorts, Inc. (NYSE:MTN) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 17,739 shares of the company’s stock, valued at approximately $2,415,000.

A number of other institutional investors also recently bought and sold shares of MTN. Twin Tree Management LP acquired a new stake in shares of Vail Resorts during the second quarter worth about $439,000. Commerce Bank acquired a new position in Vail Resorts in the 2nd quarter valued at about $995,000. Northwestern Mutual Wealth Management Co. acquired a new position in Vail Resorts in the 2nd quarter valued at about $1,011,000. Quantbot Technologies LP purchased a new stake in Vail Resorts during the 2nd quarter valued at approximately $1,054,000. Finally, Evolve Private Wealth LLC purchased a new stake in Vail Resorts during the 2nd quarter valued at approximately $291,000. 94.90% of the stock is currently owned by institutional investors and hedge funds.

Vail Resorts Price Performance

Shares of NYSE:MTN opened at $152.93 on Monday. Vail Resorts, Inc. has a 52 week low of $118.51 and a 52 week high of $165.50. The company has a 50-day moving average price of $145.64 and a 200 day moving average price of $136.77. The company has a market cap of $5.45 billion, a P/E ratio of 34.76, a PEG ratio of 10.08 and a beta of 0.70. The company has a quick ratio of 0.79, a current ratio of 0.91 and a debt-to-equity ratio of 3.22.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, June 8th. The company reported $8.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $8.97 by ($0.16). The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Vail Resorts had a return on equity of 21.88% and a net margin of 5.38%.The business’s quarterly revenue was down 7.0% on a year-over-year basis. During the same period last year, the company posted $10.54 earnings per share. Research analysts predict that Vail Resorts, Inc. will post 4.32 earnings per share for the current year.

Vail Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th were given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date was Thursday, June 25th. Vail Resorts’s payout ratio is presently 201.82%.

Analysts Set New Price Targets

A number of analysts have weighed in on MTN shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Vail Resorts in a research report on Tuesday, July 7th. Stifel Nicolaus dropped their target price on Vail Resorts from $172.00 to $167.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft cut their price target on Vail Resorts from $143.00 to $134.00 and set a “hold” rating for the company in a research note on Tuesday, June 9th. Mizuho set a $174.00 price target on Vail Resorts in a report on Tuesday, June 9th. Finally, The Goldman Sachs Group assumed coverage on shares of Vail Resorts in a research report on Thursday, August 13th. They issued a “sell” rating and a $132.00 price objective on the stock. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $149.83.

Vail Resorts Company Profile

Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company’s signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.

Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.