12,396 Shares in Vail Resorts, Inc. $MTN Purchased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG bought 12,396 Vail Resorts shares in the second quarter, valued at approximately $1.69 million. Institutional investors collectively own 94.9% of the company.
• Vail Resorts reported quarterly EPS of $8.81, below the $8.97 analyst consensus, while revenue of $1.21 billion exceeded expectations but declined 7% year over year.
• The company paid a quarterly dividend of $2.22, equivalent to an annualized $8.88 and a 5.8% yield. Analysts maintain a consensus “Hold” rating with a $149.83 price target.

B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,396 shares of the company's stock, valued at approximately $1,688,000.

Several other hedge funds have also added to or reduced their stakes in MTN. Goldman Sachs Group Inc. lifted its position in shares of Vail Resorts by 2.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 121,123 shares of the company's stock valued at $19,382,000 after buying an additional 3,440 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Vail Resorts by 1.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,235 shares of the company's stock valued at $23,721,000 after purchasing an additional 2,824 shares during the last quarter. Prudential Financial Inc. boosted its position in Vail Resorts by 24.1% during the second quarter. Prudential Financial Inc. now owns 3,086 shares of the company's stock worth $525,000 after purchasing an additional 600 shares during the period. EverSource Wealth Advisors LLC raised its position 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 purchasing an additional 155 shares during the period. Finally, Marshall Wace LLP bought a new stake in Vail Resorts during the 2nd quarter valued at $2,119,000. Institutional investors own 94.90% of the company's stock.

Vail Resorts Trading Up 0.1%

NYSE MTN opened at $152.93 on Monday. The company has a quick ratio of 0.79, a current ratio of 0.91 and a debt-to-equity ratio of 3.22. The stock's 50-day simple moving average is $145.64 and its two-hundred day simple moving average is $136.77. Vail Resorts, Inc. has a twelve month low of $118.51 and a twelve month high of $165.50. The company has a market capitalization of $5.45 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 10.08 and a beta of 0.70.

Vail Resorts (NYSE:MTN - Get Free Report) last posted its quarterly earnings data on Monday, June 8th. The company reported $8.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $8.97 by ($0.16). The firm had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $1.20 billion. Vail Resorts had a return on equity of 21.88% and a net margin of 5.38%.Vail Resorts's revenue for the quarter was down 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $10.54 earnings per share. Research analysts forecast that Vail Resorts, Inc. will post 4.32 EPS for the current fiscal year.

Vail Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 25th were paid a $2.22 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.8%. Vail Resorts's dividend payout ratio is 201.82%.

Wall Street Analyst Weigh In

MTN has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Vail Resorts in a report on Tuesday, July 7th. JPMorgan Chase & Co. increased their price objective on Vail Resorts from $124.00 to $126.00 and gave the stock a "neutral" rating in a report on Tuesday, June 9th. Barclays cut their target price on Vail Resorts from $138.00 to $119.00 and set an "underweight" rating for the company in a research note on Tuesday, June 9th. UBS Group reaffirmed a "neutral" rating on shares of Vail Resorts in a report on Tuesday, June 9th. Finally, Mizuho set a $174.00 price target on Vail Resorts in a research report on Tuesday, June 9th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $149.83.

About Vail Resorts

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.

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