Mutual of America Capital Management LLC Invests $5.56 Million in Vail Resorts, Inc. (NYSE:MTN)

Mutual of America Capital Management LLC bought a new stake in shares of Vail Resorts, Inc. (NYSE:MTNFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 25,060 shares of the company’s stock, valued at approximately $5,561,000. Mutual of America Capital Management LLC owned approximately 0.07% of Vail Resorts as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new position in shares of Vail Resorts in the 2nd quarter worth $25,000. Pittenger & Anderson Inc. lifted its stake in Vail Resorts by 125.0% during the third quarter. Pittenger & Anderson Inc. now owns 117 shares of the company’s stock valued at $26,000 after buying an additional 65 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new position in shares of Vail Resorts in the second quarter worth about $37,000. Belpointe Asset Management LLC raised its holdings in shares of Vail Resorts by 215.7% during the first quarter. Belpointe Asset Management LLC now owns 221 shares of the company’s stock valued at $52,000 after acquiring an additional 151 shares during the period. Finally, Natixis purchased a new stake in shares of Vail Resorts in the 4th quarter valued at approximately $52,000. 94.94% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MTN. Deutsche Bank Aktiengesellschaft reduced their target price on Vail Resorts from $273.00 to $266.00 and set a “hold” rating for the company in a report on Wednesday, December 6th. Morgan Stanley decreased their price objective on Vail Resorts from $276.00 to $252.00 and set an “equal weight” rating for the company in a research report on Friday, December 8th. Finally, Truist Financial reiterated a “buy” rating and issued a $290.00 target price on shares of Vail Resorts in a report on Friday, January 19th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $270.00.

Check Out Our Latest Research Report on Vail Resorts

Vail Resorts Price Performance

Shares of MTN opened at $224.06 on Monday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.72 and a current ratio of 0.83. The firm has a market cap of $8.51 billion, a PE ratio of 41.57, a PEG ratio of 1.75 and a beta of 1.13. Vail Resorts, Inc. has a twelve month low of $204.88 and a twelve month high of $258.13. The firm’s 50 day moving average price is $220.29 and its 200 day moving average price is $224.38.

Vail Resorts (NYSE:MTNGet Free Report) last released its quarterly earnings results on Thursday, December 7th. The company reported ($4.60) earnings per share for the quarter, missing analysts’ consensus estimates of ($4.59) by ($0.01). The business had revenue of $258.57 million for the quarter, compared to the consensus estimate of $272.88 million. Vail Resorts had a net margin of 8.00% and a return on equity of 16.28%. The firm’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($3.40) EPS. As a group, research analysts expect that Vail Resorts, Inc. will post 8.95 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 9th. Shareholders of record on Tuesday, December 26th were given a $2.06 dividend. The ex-dividend date of this dividend was Friday, December 22nd. This represents a $8.24 dividend on an annualized basis and a dividend yield of 3.68%. Vail Resorts’s dividend payout ratio is currently 152.88%.

Insider Activity

In other Vail Resorts news, Director Hilary Schneider sold 2,565 shares of the company’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $226.40, for a total transaction of $580,716.00. Following the completion of the sale, the director now owns 14,799 shares of the company’s stock, valued at $3,350,493.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is currently owned by insiders.

Vail Resorts Company Profile

(Free Report)

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.

Further Reading

Institutional Ownership by Quarter for Vail Resorts (NYSE:MTN)

Receive News & Ratings for Vail Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vail Resorts and related companies with MarketBeat.com's FREE daily email newsletter.