Crossmark Global Holdings Inc. Has $518,000 Stock Position in Vail Resorts, Inc. (NYSE:MTN)

Crossmark Global Holdings Inc. lifted its stake in Vail Resorts, Inc. (NYSE:MTN) by 20.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,972 shares of the company’s stock after buying an additional 510 shares during the period. Crossmark Global Holdings Inc.’s holdings in Vail Resorts were worth $518,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. TPG GP A LLC lifted its position in Vail Resorts by 17.4% during the 2nd quarter. TPG GP A LLC now owns 899,446 shares of the company’s stock worth $162,017,000 after buying an additional 133,607 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Vail Resorts by 673.1% during the second quarter. The Manufacturers Life Insurance Company now owns 635,546 shares of the company’s stock worth $114,481,000 after purchasing an additional 553,337 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Vail Resorts by 36.3% during the second quarter. Dimensional Fund Advisors LP now owns 356,386 shares of the company’s stock valued at $64,195,000 after purchasing an additional 94,923 shares during the last quarter. First Pacific Advisors LP acquired a new stake in shares of Vail Resorts in the second quarter valued at approximately $62,466,000. Finally, River Road Asset Management LLC increased its holdings in shares of Vail Resorts by 606.6% in the third quarter. River Road Asset Management LLC now owns 341,311 shares of the company’s stock valued at $59,487,000 after purchasing an additional 293,006 shares in the last quarter. Institutional investors own 94.94% of the company’s stock.

Vail Resorts Stock Down 1.1 %

Vail Resorts stock opened at $176.28 on Friday. The firm has a market capitalization of $6.61 billion, a price-to-earnings ratio of 29.23, a PEG ratio of 1.71 and a beta of 1.13. The company’s 50 day simple moving average is $175.51 and its 200 day simple moving average is $180.50. The company has a debt-to-equity ratio of 2.62, a current ratio of 0.82 and a quick ratio of 0.71. Vail Resorts, Inc. has a fifty-two week low of $165.00 and a fifty-two week high of $236.92.

Vail Resorts (NYSE:MTN) last announced its quarterly 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). Vail Resorts had a return on equity of 20.76% and a net margin of 7.99%. The firm had revenue of $265.39 million for the quarter, compared to the consensus estimate of $264.84 million. During the same period in the prior year, the business earned ($3.35) earnings per share. The company’s revenue for the quarter was down 1.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Vail Resorts, Inc. will post 7.27 EPS for the current year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th were issued a $2.22 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $8.88 annualized dividend and a dividend yield of 5.04%. Vail Resorts’s dividend payout ratio (DPR) is currently 147.26%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Morgan Stanley increased their price objective on Vail Resorts from $179.00 to $182.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 25th. Barclays decreased their price target on Vail Resorts from $161.00 to $155.00 and set an “underweight” rating on the stock in a report on Friday, September 27th. UBS Group initiated coverage on Vail Resorts in a report on Thursday. They set a “neutral” rating and a $185.00 price objective for the company. Stifel Nicolaus reduced 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 note on Friday, September 27th. Finally, Macquarie reiterated a “neutral” rating and set a $180.00 price target on shares of Vail Resorts in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $205.90.

Insiders Place Their Bets

In related news, CFO Angela A. Korch acquired 165 shares of the stock in a transaction dated Thursday, October 3rd. The stock was bought at an average price of $173.09 per share, with a total value of $28,559.85. Following the completion of the transaction, the chief financial officer now directly owns 2,187 shares of the company’s stock, valued at approximately $378,547.83. The trade was a 8.16 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John F. Sorte sold 1,670 shares of the business’s stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $173.07, for a total transaction of $289,026.90. Following the completion of the sale, the director now directly owns 45,111 shares in the company, valued at $7,807,360.77. This represents a 3.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

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.