7,307 Shares in Vail Resorts, Inc. $MTN Acquired by Commerce Bank

Commerce Bank bought a new position in shares of Vail Resorts, Inc. (NYSE:MTN - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,307 shares of the company's stock, valued at approximately $995,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MTN. BlackRock Inc. bought a new stake in Vail Resorts during the second quarter valued at about $464,712,000. Capital World Investors boosted its stake in Vail Resorts by 6.1% during the 4th quarter. Capital World Investors now owns 3,196,445 shares of the company's stock valued at $424,488,000 after purchasing an additional 182,982 shares during the period. Oasis Management Co Ltd. boosted its stake in Vail Resorts by 8.3% during the 4th quarter. Oasis Management Co Ltd. now owns 1,851,234 shares of the company's stock valued at $245,844,000 after purchasing an additional 141,500 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Vail Resorts by 26.0% in the 1st quarter. The Manufacturers Life Insurance Company now owns 976,732 shares of the company's stock valued at $125,334,000 after buying an additional 201,750 shares during the last quarter. Finally, UBS Group AG grew its holdings in Vail Resorts by 22.4% in the 3rd quarter. UBS Group AG now owns 713,531 shares of the company's stock valued at $106,723,000 after buying an additional 130,460 shares during the last quarter. Institutional investors and hedge funds own 94.90% of the company's stock.

Vail Resorts Stock Up 0.4%

Shares of MTN stock opened at $148.50 on Thursday. The stock has a market cap of $5.29 billion, a P/E ratio of 33.75, a price-to-earnings-growth ratio of 9.75 and a beta of 0.70. Vail Resorts, Inc. has a one year low of $118.51 and a one year high of $165.50. The stock has a fifty day moving average price of $146.55 and a 200 day moving average price of $137.10. The company has a debt-to-equity ratio of 3.22, a current ratio of 0.91 and a quick ratio of 0.79.

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

Vail Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Thursday, June 25th were given a dividend of $2.22 per share. This represents a $8.88 annualized dividend and a dividend yield of 6.0%. The ex-dividend date was Thursday, June 25th. Vail Resorts's payout ratio is 201.82%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MTN shares. UBS Group reiterated a "neutral" rating on shares of Vail Resorts in a report on Tuesday, June 9th. Mizuho set a $174.00 price objective on shares of Vail Resorts in a research note on Tuesday, June 9th. The Goldman Sachs Group assumed coverage on shares of Vail Resorts in a research report on Thursday, August 13th. They set a "sell" rating and a $132.00 target price on the stock. Weiss Ratings reiterated a "sell (d+)" rating on shares of Vail Resorts in a research note on Tuesday, July 7th. Finally, Barclays reduced their price target on shares of Vail Resorts from $138.00 to $119.00 and set an "underweight" rating for the company in a report on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price 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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