Empowered Funds LLC Has $536,000 Stock Holdings in Vail Resorts, Inc. (NYSE:MTN)

Empowered Funds LLC lifted its holdings in Vail Resorts, Inc. (NYSE:MTN) by 30.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,076 shares of the company’s stock after purchasing an additional 727 shares during the period. Empowered Funds LLC’s holdings in Vail Resorts were worth $536,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MTN. Signaturefd LLC increased its position in shares of Vail Resorts by 150.9% during the second quarter. Signaturefd LLC now owns 138 shares of the company’s stock valued at $25,000 after purchasing an additional 83 shares during the period. V Square Quantitative Management LLC acquired a new position in Vail Resorts during the 3rd quarter worth approximately $25,000. Capital Performance Advisors LLP acquired a new position in shares of Vail Resorts during the 3rd quarter worth approximately $25,000. Brown Brothers Harriman & Co. lifted its position in shares of Vail Resorts by 318.8% in the second quarter. Brown Brothers Harriman & Co. now owns 201 shares of the company’s stock valued at $36,000 after buying an additional 153 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in shares of Vail Resorts by 123.5% during the third quarter. UMB Bank n.a. now owns 219 shares of the company’s stock worth $38,000 after acquiring an additional 121 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. StockNews.com downgraded Vail Resorts from a “hold” rating to a “sell” rating in a report on Tuesday, November 12th. Barclays dropped their price target on shares of Vail Resorts from $161.00 to $155.00 and set an “underweight” rating for the company in a research note on Friday, September 27th. Deutsche Bank Aktiengesellschaft reduced their target price on Vail Resorts from $218.00 to $194.00 and set a “hold” rating on the stock in a report on Monday, September 16th. UBS Group began coverage on Vail Resorts in a report on Thursday, November 14th. They set a “neutral” rating and a $185.00 price target for the company. Finally, Stifel Nicolaus dropped their target price on shares of Vail Resorts from $223.00 to $216.00 and set a “buy” rating on the stock in a research report on Friday, September 27th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Vail Resorts currently has an average rating of “Hold” and a consensus price target of $205.90.

Insider Buying and Selling

In related news, insider Robert A. Katz sold 9,296 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $175.98, for a total value of $1,635,910.08. Following the sale, the insider now owns 245,961 shares in the company, valued at $43,284,216.78. This represents a 3.64 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John F. Sorte sold 1,670 shares of the firm’s stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $173.07, for a total value of $289,026.90. Following the transaction, the director now owns 45,111 shares of the company’s stock, valued at $7,807,360.77. The trade was a 3.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.

Vail Resorts Price Performance

Shares of NYSE:MTN opened at $184.24 on Monday. The company’s fifty day moving average is $175.50 and its 200 day moving average is $179.82. The company has a quick ratio of 0.71, a current ratio of 0.82 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. The stock has a market cap of $6.91 billion, a PE ratio of 30.55, a PEG ratio of 1.76 and a beta of 1.13.

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

Vail Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th were issued a $2.22 dividend. This represents a $8.88 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend was Tuesday, October 8th. Vail Resorts’s dividend payout ratio is 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.