Deutsche Bank AG Sells 224 Shares of Vail Resorts, Inc. (NYSE:MTN)

Deutsche Bank AG cut its stake in shares of Vail Resorts, Inc. (NYSE:MTN) by 9.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,142 shares of the company’s stock after selling 224 shares during the period. Deutsche Bank AG’s holdings in Vail Resorts were worth $402,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Bamco Inc. NY lifted its stake in Vail Resorts by 2.0% during the 4th quarter. Bamco Inc. NY now owns 5,290,546 shares of the company’s stock valued at $991,713,000 after acquiring an additional 105,410 shares in the last quarter. Vanguard Group Inc. lifted its stake in Vail Resorts by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 3,716,657 shares of the company’s stock valued at $696,687,000 after acquiring an additional 25,916 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Vail Resorts by 4.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,202,176 shares of the company’s stock valued at $225,348,000 after acquiring an additional 47,417 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Vail Resorts by 42.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 976,468 shares of the company’s stock valued at $183,039,000 after acquiring an additional 289,484 shares in the last quarter. Finally, First Pacific Advisors LP lifted its stake in Vail Resorts by 12.4% during the 4th quarter. First Pacific Advisors LP now owns 522,285 shares of the company’s stock valued at $97,902,000 after acquiring an additional 57,484 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors.

Vail Resorts Trading Down 1.3%

Shares of Vail Resorts stock opened at $160.29 on Friday. Vail Resorts, Inc. has a 52-week low of $129.85 and a 52-week high of $199.45. The stock’s 50-day simple moving average is $146.28 and its 200 day simple moving average is $164.45. The stock has a market capitalization of $5.98 billion, a P/E ratio of 26.63, a P/E/G ratio of 1.93 and a beta of 0.91. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.51 and a current ratio of 0.63.

Vail Resorts (NYSE:MTN) last announced its quarterly earnings data on Monday, March 10th. The company reported $6.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.29 by $0.27. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the previous year, the business posted $5.76 EPS. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, research analysts anticipate that Vail Resorts, Inc. will post 7.62 EPS for the current year.

Vail Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Investors of record on Thursday, March 27th were paid a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date of this dividend was Thursday, March 27th. Vail Resorts’s dividend payout ratio is currently 130.21%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Morgan Stanley set a $152.00 price objective on Vail Resorts in a research note on Friday, April 25th. Macquarie lowered their target price on Vail Resorts from $195.00 to $185.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 12th. Bank of America lifted their target price on Vail Resorts from $160.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday. Mizuho lowered their target price on Vail Resorts from $227.00 to $215.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 11th. Finally, Barclays reiterated an “underweight” rating and set a $152.00 target price (down from $165.00) on shares of Vail Resorts in a research note on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, Vail Resorts has an average rating of “Hold” and an average price target of $189.10.

Insider Activity at Vail Resorts

In other news, CFO Angela A. Korch acquired 185 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the purchase, the chief financial officer now owns 2,956 shares of the company’s stock, valued at approximately $472,960. The trade was a 6.68% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.20% of the stock is currently owned by company insiders.

Vail Resorts Company Profile

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.