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

Mutual of America Capital Management LLC reduced its stake in Vail Resorts, Inc. (NYSE:MTN) by 7.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 124,268 shares of the company’s stock after selling 9,943 shares during the period. Mutual of America Capital Management LLC’s holdings in Vail Resorts were worth $18,587,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the company. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Vail Resorts by 50.7% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 3,556 shares of the company’s stock valued at $532,000 after buying an additional 1,196 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Vail Resorts by 25.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,088 shares of the company’s stock worth $318,000 after acquiring an additional 423 shares in the last quarter. Amalgamated Bank increased its holdings in shares of Vail Resorts by 2.2% during the 3rd quarter. Amalgamated Bank now owns 18,130 shares of the company’s stock valued at $2,712,000 after acquiring an additional 393 shares during the last quarter. Evergreen Capital Management LLC lifted its holdings in Vail Resorts by 11.4% in the 3rd quarter. Evergreen Capital Management LLC now owns 2,650 shares of the company’s stock worth $396,000 after purchasing an additional 271 shares during the last quarter. Finally, NBT Bank N A NY lifted its stake in shares of Vail Resorts by 450.0% in the third quarter. NBT Bank N A NY now owns 176 shares of the company’s stock worth $26,000 after buying an additional 144 shares during the last quarter. 94.90% of the stock is owned by institutional investors and hedge funds.

Vail Resorts Price Performance

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

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

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Tuesday, December 30th were given a dividend of $2.22 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.4%. Vail Resorts’s dividend payout ratio (DPR) is currently 130.21%.

Wall Street Analyst Weigh In

MTN has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $156.00 target price on shares of Vail Resorts in a research note on Wednesday, January 14th. Wall Street Zen cut Vail Resorts from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Barclays lowered their price objective on Vail Resorts from $152.00 to $145.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 30th. Truist Financial decreased their price objective on shares of Vail Resorts from $237.00 to $234.00 and set a “buy” rating on the stock in a research note on Monday, December 29th. Finally, Jefferies Financial Group upgraded shares of Vail Resorts from a “hold” rating to a “buy” rating and upped their target price for the stock from $159.00 to $165.00 in a research report on Tuesday, January 13th. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $173.73.

Vail Resorts 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.