First Pacific Advisors LP Has $97.90 Million Stake in Vail Resorts, Inc. (NYSE:MTN)

First Pacific Advisors LP raised its stake in Vail Resorts, Inc. (NYSE:MTN) by 12.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 522,285 shares of the company’s stock after acquiring an additional 57,484 shares during the period. Vail Resorts comprises about 1.4% of First Pacific Advisors LP’s investment portfolio, making the stock its 21st largest position. First Pacific Advisors LP owned 1.39% of Vail Resorts worth $97,902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of MTN. Capital Performance Advisors LLP bought a new stake in shares of Vail Resorts in the 3rd quarter worth about $25,000. Heck Capital Advisors LLC bought a new stake in Vail Resorts during the fourth quarter worth about $33,000. Blue Trust Inc. increased its holdings in shares of Vail Resorts by 246.7% during the fourth quarter. Blue Trust Inc. now owns 208 shares of the company’s stock worth $36,000 after buying an additional 148 shares in the last quarter. Eagle Bay Advisors LLC bought a new position in shares of Vail Resorts in the fourth quarter valued at approximately $40,000. Finally, Venturi Wealth Management LLC raised its stake in shares of Vail Resorts by 165.3% in the third quarter. Venturi Wealth Management LLC now owns 321 shares of the company’s stock valued at $56,000 after acquiring an additional 200 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MTN has been the subject of a number of recent analyst reports. StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Deutsche Bank Aktiengesellschaft lifted their price target on Vail Resorts from $185.00 to $196.00 and gave the company a “hold” rating in a report on Monday, December 9th. Mizuho increased their price objective on shares of Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a report on Tuesday, December 10th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Vail Resorts in a research note on Monday. Finally, Macquarie raised their price target on shares of Vail Resorts from $180.00 to $195.00 and gave the company a “neutral” rating in a report on Wednesday, December 11th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $199.44.

Vail Resorts Stock Performance

MTN stock opened at $157.35 on Monday. Vail Resorts, Inc. has a twelve month low of $153.51 and a twelve month high of $233.57. 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 company has a market cap of $5.89 billion, a P/E ratio of 26.14, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. The business’s fifty day moving average is $169.61 and its 200-day moving average is $176.19.

Vail Resorts (NYSE:MTN) last issued its earnings results on Monday, December 9th. The company reported ($4.61) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($4.99) by $0.38. The firm had revenue of $260.28 million for the quarter, compared to analysts’ expectations of $251.45 million. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business earned ($4.60) earnings per share. Equities research analysts forecast that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Company 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.