Vail Resorts, Inc. $MTN Shares Bought by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB grew its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 19,217.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,602 shares of the company’s stock after purchasing an additional 5,573 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Vail Resorts were worth $763,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Clearstead Advisors LLC boosted its stake in shares of Vail Resorts by 21.5% in the fourth quarter. Clearstead Advisors LLC now owns 424 shares of the company’s stock valued at $56,000 after purchasing an additional 75 shares during the period. Comerica Bank increased its stake in Vail Resorts by 0.4% during the 3rd quarter. Comerica Bank now owns 17,552 shares of the company’s stock worth $2,625,000 after buying an additional 78 shares during the period. State of Michigan Retirement System increased its stake in Vail Resorts by 1.2% during the 1st quarter. State of Michigan Retirement System now owns 8,600 shares of the company’s stock worth $1,104,000 after buying an additional 100 shares during the period. Golden State Wealth Management LLC lifted its holdings in Vail Resorts by 83.3% in the 4th quarter. Golden State Wealth Management LLC now owns 220 shares of the company’s stock worth $29,000 after buying an additional 100 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings in Vail Resorts by 32.9% in the 4th quarter. UMB Bank n.a. now owns 440 shares of the company’s stock worth $58,000 after buying an additional 109 shares in the last quarter. 94.90% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. UBS Group reissued a “neutral” rating on shares of Vail Resorts in a research report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft cut their price target on Vail Resorts from $143.00 to $134.00 and set a “hold” rating on the stock in a research note on Tuesday, June 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of Vail Resorts in a report on Tuesday, July 7th. Mizuho set a $174.00 price objective on Vail Resorts in a research note on Tuesday, June 9th. Finally, Stifel Nicolaus lowered their price objective on Vail Resorts from $172.00 to $167.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $151.45.

Vail Resorts Stock Performance

Shares of Vail Resorts stock opened at $150.85 on Thursday. The firm has a market cap of $5.37 billion, a PE ratio of 34.28, a price-to-earnings-growth ratio of 9.87 and a beta of 0.70. The firm’s 50-day simple moving average is $142.26 and its 200-day simple moving average is $135.77. The company has a debt-to-equity ratio of 3.22, a quick ratio of 0.79 and a current ratio of 0.91. Vail Resorts, Inc. has a 1 year low of $118.51 and a 1 year high of $165.50.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Monday, June 8th. The company reported $8.81 EPS for the quarter, missing the consensus estimate of $8.97 by ($0.16). The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.20 billion. Vail Resorts had a return on equity of 21.88% and a net margin of 5.38%.The business’s revenue for the quarter was down 7.0% on a year-over-year basis. During the same period in the previous year, the business posted $10.54 EPS. Equities analysts forecast that Vail Resorts, Inc. will post 4.31 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 25th were issued a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend was Thursday, June 25th. Vail Resorts’s dividend payout ratio (DPR) is currently 201.82%.

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.