Ceredex Value Advisors LLC Has $45.49 Million Holdings in Vail Resorts, Inc. (NYSE:MTN)

Ceredex Value Advisors LLC decreased its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 1.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 242,668 shares of the company’s stock after selling 2,650 shares during the quarter. Ceredex Value Advisors LLC’s holdings in Vail Resorts were worth $45,488,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Heck Capital Advisors LLC acquired a new position in shares of Vail Resorts during the 4th quarter worth about $33,000. Blue Trust Inc. grew its stake in Vail Resorts by 246.7% in the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock valued at $36,000 after purchasing an additional 148 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of Vail Resorts during the 4th quarter worth approximately $40,000. UMB Bank n.a. raised its stake in shares of Vail Resorts by 37.9% during the 4th quarter. UMB Bank n.a. now owns 302 shares of the company’s stock worth $57,000 after purchasing an additional 83 shares in the last quarter. Finally, Raleigh Capital Management Inc. boosted its holdings in shares of Vail Resorts by 20.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 393 shares of the company’s stock valued at $74,000 after buying an additional 67 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Vail Resorts Trading Down 1.4 %

Shares of NYSE:MTN opened at $140.05 on Wednesday. Vail Resorts, Inc. has a 12-month low of $129.85 and a 12-month high of $226.78. The business has a 50 day moving average of $156.48 and a 200-day moving average of $170.52. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. The stock has a market cap of $5.23 billion, a PE ratio of 23.26, a P/E/G ratio of 1.93 and a beta of 0.93.

Vail Resorts (NYSE:MTN) last released its quarterly earnings results on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.29 by $0.27. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $5.76 EPS. As a group, equities research analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 6.34%. The ex-dividend date was Thursday, March 27th. Vail Resorts’s dividend payout ratio is 130.21%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Barclays restated an “underweight” rating and set a $152.00 target price (down from $165.00) on shares of Vail Resorts in a report on Monday, March 10th. Morgan Stanley lowered their price objective on shares of Vail Resorts from $197.00 to $178.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 11th. JPMorgan Chase & Co. raised their target price on shares of Vail Resorts from $166.00 to $167.00 and gave the company an “underweight” rating in a research note on Tuesday, March 11th. Mizuho reduced their price target on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Finally, Macquarie dropped their price objective on Vail Resorts from $195.00 to $185.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 12th. Two 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. According to data from MarketBeat.com, Vail Resorts currently has a consensus rating of “Hold” and a consensus price target of $193.56.

Insider Buying and Selling

In other Vail Resorts news, CFO Angela A. Korch bought 185 shares of the firm’s stock in a transaction on Thursday, March 13th. The shares were purchased at an average price of $160.00 per share, for a total transaction of $29,600.00. Following the transaction, the chief financial officer now directly owns 2,956 shares in the company, valued at approximately $472,960. This trade represents a 6.68 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.20% of the stock is owned by insiders.

Vail Resorts Profile

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.