Uncommon Cents Investing LLC Has $1.33 Million Position in Vail Resorts, Inc. $MTN

Uncommon Cents Investing LLC cut its position in Vail Resorts, Inc. (NYSE:MTN) by 31.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,020 shares of the company’s stock after selling 4,510 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Vail Resorts were worth $1,331,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BOKF NA lifted its holdings in shares of 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 grew its stake in shares of Vail Resorts by 815.8% in the second quarter. EverSource Wealth Advisors LLC now owns 174 shares of the company’s stock valued at $27,000 after acquiring an additional 155 shares in the last quarter. NBT Bank N A NY increased its position in Vail Resorts by 450.0% during the third quarter. NBT Bank N A NY now owns 176 shares of the company’s stock worth $26,000 after acquiring an additional 144 shares during the period. Danske Bank A S bought a new position in Vail Resorts during the third quarter worth about $30,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Vail Resorts in the 2nd quarter worth about $33,000. 94.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MTN has been the subject of a number of recent research reports. Zacks Research raised shares of Vail Resorts from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Wells Fargo & Company assumed coverage on shares of Vail Resorts in a research report on Wednesday, March 11th. They issued an “equal weight” rating and a $135.00 price target for the company. Barclays cut their price target on Vail Resorts from $140.00 to $138.00 and set an “underweight” rating for the company in a research note on Tuesday, March 10th. JPMorgan Chase & Co. reduced their price target on Vail Resorts from $172.00 to $156.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 10th. Finally, Mizuho dropped their price objective on Vail Resorts from $202.00 to $200.00 and set an “outperform” rating for the company in a report on Tuesday, March 10th. Five analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $165.00.

Insiders Place Their Bets

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 bought at an average price of $131.81 per share, for a total transaction of $4,942,875.00. Following the purchase, the chief executive officer owned 285,312 shares in the company, valued at approximately $37,606,974.72. This trade represents a 15.13% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Angela A. Korch acquired 190 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were acquired at an average price of $131.85 per share, with a total value of $25,051.50. Following the completion of the transaction, the chief financial officer owned 5,539 shares in the company, valued at $730,317.15. The trade was a 3.55% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.20% of the company’s stock.

Vail Resorts Price Performance

MTN stock opened at $128.15 on Wednesday. The company’s 50-day moving average price is $135.90 and its two-hundred day moving average price is $142.29. The firm has a market cap of $4.57 billion, a P/E ratio of 20.90, a P/E/G ratio of 8.96 and a beta of 0.78. 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, Inc. has a 12 month low of $123.82 and a 12 month high of $175.51.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings results on Monday, March 9th. The company reported $5.87 earnings per share for the quarter, missing analysts’ consensus estimates of $6.06 by ($0.19). The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.11 billion. Vail Resorts had a return on equity of 29.72% and a net margin of 7.89%.The business’s revenue was down 4.7% on a year-over-year basis. During the same period last year, the company posted $6.56 EPS. On average, analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 26th will be issued a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Thursday, March 26th. Vail Resorts’s dividend payout ratio (DPR) is currently 144.86%.

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.