Norges Bank purchased a new stake in shares of Vail Resorts, Inc. (NYSE:MTN – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 309,531 shares of the company’s stock, valued at approximately $41,106,000.
A number of other institutional investors also recently modified their holdings of MTN. BOKF NA lifted its stake in shares of Vail Resorts by 833.3% during the 3rd quarter. BOKF NA now owns 168 shares of the company’s stock valued at $25,000 after buying an additional 150 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Vail Resorts by 815.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock valued at $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 3rd quarter worth about $30,000. International Assets Investment Management LLC purchased a new stake in Vail Resorts during the 4th quarter worth about $43,000. Finally, Employees Retirement System of Texas purchased a new stake in Vail Resorts during the 3rd quarter worth about $46,000. 94.90% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on MTN. Barclays dropped their price objective on Vail Resorts from $140.00 to $138.00 and set an “underweight” rating on the stock in a report on Tuesday, March 10th. Truist Financial dropped their price objective on Vail Resorts from $217.00 to $212.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. JPMorgan Chase & Co. dropped their price objective on Vail Resorts from $172.00 to $156.00 and set a “neutral” rating on the stock in a report on Tuesday, March 10th. Morgan Stanley dropped their price objective on Vail Resorts from $151.00 to $147.00 and set an “equal weight” rating on the stock in a report on Thursday, March 12th. Finally, Wells Fargo & Company started coverage on shares of Vail Resorts in a research note on Wednesday, March 11th. They issued an “equal weight” rating and a $135.00 target price on the stock. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $161.00.
Vail Resorts Stock Performance
NYSE:MTN opened at $136.72 on Tuesday. The business’s 50-day moving average price is $128.09 and its two-hundred day moving average price is $135.29. Vail Resorts, Inc. has a twelve month low of $118.51 and a twelve month high of $172.00. The stock has a market cap of $4.87 billion, a P/E ratio of 22.30, a PEG ratio of 11.52 and a beta of 0.72. The company has a quick ratio of 0.51, a current ratio of 0.62 and a debt-to-equity ratio of 4.43.
Vail Resorts (NYSE:MTN – Get Free Report) last released its quarterly earnings results on Monday, June 8th. The company reported $8.81 earnings per share for the quarter, missing the consensus estimate of $8.97 by ($0.16). Vail Resorts had a net margin of 7.89% and a return on equity of 29.72%. The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the previous year, the business earned $10.54 EPS. The business’s revenue was down 7.0% on a year-over-year basis. As a group, equities analysts predict that Vail Resorts, Inc. will post 4.76 EPS for the current fiscal year.
Insider Buying and Selling at Vail Resorts
In related news, CFO Angela A. Korch acquired 190 shares of the stock in a transaction dated Monday, March 16th. The shares were purchased at an average price of $131.85 per share, for a total transaction of $25,051.50. Following the transaction, the chief financial officer owned 5,539 shares in the company, valued at $730,317.15. This represents a 3.55% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Robert A. Katz acquired 37,500 shares of the stock in a transaction dated Monday, March 16th. The shares were bought at an average price of $131.81 per share, for a total transaction of $4,942,875.00. Following the transaction, 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. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.20% of the company’s stock.
Vail Resorts News Roundup
Here are the key news stories impacting Vail Resorts this week:
- Negative Sentiment: Vail Resorts reported fiscal Q3 EPS of $8.81, missing Wall Street estimates of $8.97, while revenue of $1.21 billion only slightly topped expectations. Article title
- Negative Sentiment: The company cut its outlook again, saying extremely unfavorable weather reduced visits and revenue, which is raising concerns about near-term demand and the pace of recovery. Article title
- Negative Sentiment: Year-over-year profitability also softened, with EPS down from $10.54 in the prior-year quarter, signaling that operating conditions were materially weaker than last year. Article title
- Neutral Sentiment: Management also highlighted updated fiscal 2026 guidance and early season pass sales results, which may help investors gauge whether advance bookings and the pass model can offset weaker weather-driven traffic. Article title
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 seasonālong 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.
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