Unigestion Holding SA lowered its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 58.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 3,228 shares of the company’s stock after selling 4,621 shares during the period. Unigestion Holding SA’s holdings in Vail Resorts were worth $735,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Paloma Partners Management Co boosted its position in shares of Vail Resorts by 135.5% during the 2nd quarter. Paloma Partners Management Co now owns 12,261 shares of the company’s stock worth $2,736,000 after purchasing an additional 7,055 shares during the period. Cubist Systematic Strategies LLC boosted its position in shares of Vail Resorts by 2,585.8% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 42,221 shares of the company’s stock worth $9,423,000 after purchasing an additional 40,649 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Vail Resorts by 121.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 20,658 shares of the company’s stock worth $4,604,000 after purchasing an additional 11,317 shares during the period. Dumont & Blake Investment Advisors LLC purchased a new position in shares of Vail Resorts during the 2nd quarter worth approximately $558,000. Finally, CENTRAL TRUST Co boosted its position in shares of Vail Resorts by 23,537.5% during the 2nd quarter. CENTRAL TRUST Co now owns 3,782 shares of the company’s stock worth $862,000 after purchasing an additional 3,766 shares during the period. 95.38% of the stock is owned by hedge funds and other institutional investors.

In other news, CMO Kirsten A. Lynch sold 5,834 shares of the firm’s stock in a transaction on Monday, September 30th. The shares were sold at an average price of $228.62, for a total value of $1,333,769.08. Following the sale, the chief marketing officer now directly owns 17,060 shares in the company, valued at approximately $3,900,257.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Peter A. Vaughn sold 500 shares of the firm’s stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of $224.09, for a total transaction of $112,045.00. Following the completion of the sale, the director now owns 8,615 shares in the company, valued at $1,930,535.35. The disclosure for this sale can be found here. Insiders sold a total of 13,641 shares of company stock worth $3,120,591 over the last 90 days. Company insiders own 2.40% of the company’s stock.

MTN has been the topic of a number of research reports. SunTrust Banks increased their target price on shares of Vail Resorts from $247.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. They noted that the move was a valuation call. Barclays increased their target price on shares of Vail Resorts from $255.00 to $270.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. ValuEngine lowered shares of Vail Resorts from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. Deutsche Bank set a $281.00 target price on shares of Vail Resorts and gave the stock a “buy” rating in a report on Friday, September 27th. Finally, Jefferies Financial Group set a $263.00 target price on shares of Vail Resorts and gave the stock a “hold” rating in a report on Friday, September 27th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $247.26.

Vail Resorts stock traded up $3.79 during mid-day trading on Friday, reaching $240.63. 198,809 shares of the company’s stock were exchanged, compared to its average volume of 356,275. The company has a market cap of $9.58 billion, a P/E ratio of 31.87, a P/E/G ratio of 1.99 and a beta of 0.70. Vail Resorts, Inc. has a twelve month low of $179.60 and a twelve month high of $286.40. The company has a quick ratio of 0.60, a current ratio of 0.73 and a debt-to-equity ratio of 0.88. The company has a fifty day moving average of $232.29 and a 200-day moving average of $230.80.

Vail Resorts (NYSE:MTN) last released its earnings results on Thursday, September 26th. The company reported ($2.22) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($2.58) by $0.36. The company had revenue of $244.01 million for the quarter, compared to analyst estimates of $239.91 million. Vail Resorts had a net margin of 13.26% and a return on equity of 18.13%. The firm’s quarterly revenue was up 15.3% on a year-over-year basis. During the same period in the prior year, the business earned ($2.07) EPS. Equities research analysts expect that Vail Resorts, Inc. will post 7.94 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Tuesday, October 8th were issued a $1.76 dividend. The ex-dividend date of this dividend was Monday, October 7th. This represents a $7.04 dividend on an annualized basis and a dividend yield of 2.93%. Vail Resorts’s payout ratio is 93.25%.

About Vail Resorts

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and urban ski areas in the United States. The company operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 11 mountain resorts, including Vail Mountain, Breckenridge Ski, Keystone, and Beaver Creek resorts in Colorado; Park City resort in Utah; Heavenly Mountain, Northstar, and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Stowe Mountain resort in Vermont; and Perisher in Australia, as well as 3 urban ski areas, such as Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mount Brighton in Michigan.

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

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