Vail Resorts, Inc. $MTN Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 7.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,268 shares of the company’s stock after selling 9,943 shares during the period. Mutual of America Capital Management LLC owned about 0.35% of Vail Resorts worth $18,587,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MTN. Bamco Inc. NY increased its stake in shares of Vail Resorts by 3.6% during the second quarter. Bamco Inc. NY now owns 5,475,549 shares of the company’s stock worth $860,373,000 after buying an additional 191,327 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Vail Resorts by 2.5% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,320,763 shares of the company’s stock worth $207,531,000 after acquiring an additional 31,852 shares in the last quarter. First Pacific Advisors LP grew its holdings in Vail Resorts by 23.4% during the 2nd quarter. First Pacific Advisors LP now owns 993,735 shares of the company’s stock worth $156,146,000 after acquiring an additional 188,151 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Vail Resorts by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 691,467 shares of the company’s stock valued at $108,668,000 after purchasing an additional 2,274 shares during the last quarter. Finally, GRS Advisors LLC acquired a new stake in shares of Vail Resorts in the 2nd quarter valued at $71,753,000. 94.90% of the stock is owned by institutional investors and hedge funds.

Vail Resorts Stock Down 2.5%

Shares of NYSE MTN opened at $138.17 on Monday. The business has a 50-day moving average price of $141.83 and a 200 day moving average price of $149.10. The stock has a market cap of $4.94 billion, a PE ratio of 20.26, a price-to-earnings-growth ratio of 8.34 and a beta of 0.81. Vail Resorts, Inc. has a 52-week low of $129.41 and a 52-week high of $178.46. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 5.52.

Vail Resorts (NYSE:MTN) last released its quarterly earnings results on Wednesday, December 10th. The company reported ($5.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($5.23) by $0.03. The business had revenue of $271.03 million during the quarter, compared to the consensus estimate of $273.35 million. Vail Resorts had a return on equity of 32.51% and a net margin of 8.94%.The business’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($4.61) EPS. Equities research analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Tuesday, December 30th were paid a $2.22 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $8.88 annualized dividend and a dividend yield of 6.4%. Vail Resorts’s payout ratio is 130.21%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MTN. Zacks Research upgraded shares of Vail Resorts from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 11th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Vail Resorts in a research report on Monday, December 29th. Morgan Stanley set a $150.00 price objective on Vail Resorts in a report on Friday, January 16th. UBS Group restated a “neutral” rating and set a $169.00 target price on shares of Vail Resorts in a research note on Friday, January 16th. Finally, JPMorgan Chase & Co. increased their price target on shares of Vail Resorts from $168.00 to $172.00 and gave the company a “neutral” rating in a research note on Thursday, December 11th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $173.73.

Vail Resorts Company Profile

Vail Resorts, Inc is a leading mountain resort company that owns and operates an integrated network of ski areas, hotels, restaurants and retail outlets. The company’s signature Epic Pass program offers skiers and snowboarders season‐long access to its portfolio of resorts, while ancillary services such as ski and snowboard schools, equipment rental and retail drive additional revenue.

Headquartered in Broomfield, Colorado, Vail Resorts was formed in 1997, building on the legacy of Vail Associates, which opened the Vail ski area in 1962.