Rothschild Investment LLC Increases Stock Position in Vail Resorts, Inc. $MTN

Rothschild Investment LLC increased its position in shares of Vail Resorts, Inc. (NYSE:MTN) by 7,482.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,763 shares of the company’s stock after buying an additional 5,687 shares during the period. Rothschild Investment LLC’s holdings in Vail Resorts were worth $765,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in MTN. BOKF NA boosted its holdings in Vail Resorts by 833.3% during the third quarter. BOKF NA now owns 168 shares of the company’s stock worth $25,000 after buying an additional 150 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Vail Resorts by 815.8% during the second quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock worth $27,000 after buying an additional 155 shares in the last quarter. Danske Bank A S purchased a new stake in Vail Resorts during the third quarter worth $30,000. International Assets Investment Management LLC purchased a new stake in Vail Resorts during the fourth quarter worth $43,000. Finally, Employees Retirement System of Texas purchased a new stake in Vail Resorts during the third quarter worth $46,000. 94.90% of the stock is owned by hedge funds and other institutional investors.

Vail Resorts Stock Performance

MTN opened at $133.76 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.62 and a debt-to-equity ratio of 4.43. The company has a market cap of $4.77 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 11.29 and a beta of 0.70. Vail Resorts, Inc. has a 52-week low of $118.51 and a 52-week high of $172.00. The firm’s fifty day simple moving average is $127.69 and its two-hundred day simple moving average is $135.83.

Vail Resorts (NYSE:MTN) last posted its quarterly earnings data on Monday, March 9th. The company reported $5.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.06 by ($0.19). The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Vail Resorts had a net margin of 7.89% and a return on equity of 29.72%. The business’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $6.56 earnings per share. Equities analysts anticipate that Vail Resorts, Inc. will post 4.79 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Thursday, March 26th were paid a $2.22 dividend. This represents a $8.88 annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend was Thursday, March 26th. Vail Resorts’s dividend payout ratio (DPR) is currently 144.86%.

Analyst Upgrades and Downgrades

MTN has been the topic of a number of recent analyst reports. Weiss Ratings downgraded shares of Vail Resorts from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 9th. Morgan Stanley lowered their price target on shares of Vail Resorts from $151.00 to $147.00 and set an “equal weight” rating on the stock in a report on Thursday, March 12th. Mizuho lowered their price target on shares of Vail Resorts from $202.00 to $200.00 and set an “outperform” rating on the stock in a report on Tuesday, March 10th. Wells Fargo & Company initiated coverage on shares of Vail Resorts in a report on Wednesday, March 11th. They set an “equal weight” rating and a $135.00 price objective on the stock. Finally, Stifel Nicolaus decreased their price objective on shares of Vail Resorts from $175.00 to $172.00 and set a “buy” rating on the stock in a report on Tuesday, March 10th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $161.82.

Insider Activity

In other Vail Resorts news, CEO Robert A. Katz purchased 37,500 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were purchased at an average cost of $131.81 per share, with a total value of $4,942,875.00. Following the completion of the purchase, the chief executive officer owned 285,312 shares in the company, valued at approximately $37,606,974.72. This represents a 15.13% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Angela A. Korch purchased 190 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was acquired at an average cost of $131.85 per share, for a total transaction of $25,051.50. Following the completion of the purchase, the chief financial officer owned 5,539 shares of the company’s stock, valued at approximately $730,317.15. This represents a 3.55% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 1.20% of the company’s stock.

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.